Chairman

News

Jay Rasulo, Disney’s Chief Financial Officer, Stepping Down at End of June

The Walt Disney Company's chief financial officer Jay Rasulo will step down at the end of the month according to CEO Bob Iger. Rasulo was passed over for the chief operating officer job back in February when that position went to Tom Staggs.

The Walt Disney Company Reports Fourth Quarter and Year-End Earnings for Fiscal 2014

The Walt Disney Company has released its fiscal year 2014 fourth quarter and year-end earnings and the report showed an 8 percent increase in revenue to a record $48.8 billion and a 22 percent increase in income to a record $47.5 billion.

First Lady Michelle Obama to Give the Keynote Address at Disney’s Veterans Institute Workshop

First Lady Michelle Obama will give the keynote address at next month's Veterans Institute workshop at the Walt Disney World Resort.

The Veterans Institute workshop is a free program offered by Disney to inspire companies to employ servicemen and women who are transitioning to the private sector.

Disney’s ‘Heroes Work Here’ Co-Hosting Veterans Institute Workshop at Walt Disney World in November

Disney is hosting a free Veterans Institute this fall as part of its ongoing Heroes Work Here initiative to hire, train, and support military veterans. The Institute's goal is to inspire other companies to employ servicemen and women who are transitioning to the private sector.

The day-long event is planned for November 14, at Disney's Yacht Club Resort and is co-sponsored by Heroes Work Here and the Disney Institute.

The Walt Disney Company Reports Third Quarter Earnings

The Walt Disney Company recently reported its third quarter earnings for the fiscal year and two segments - parks and resorts and media networks - showed increases in revenue.

The reports showed the company's net income increased 1 percent up to $1.85 billion, and revenue increased 4 percent to $11.58 billion which was still lower than Wall Street's expectation of $11.7 billion.

Magic Band Technology Possibly Boosting Guest Spending at Walt Disney World

A few weeks ago we reported on the new accessories available for the Magic Bands currently being tested by some guests at the Walt Disney World Resort. While one might expect a boost in spending thanks to the fun accessories, it appears that the technology behind the bands is also boosting spending by guests.

Articles

June 30th, 2018 Opening Planned For Toy Story Land

Last week Disney fans went wild as the announcement came that the all-new Toy Story Land at Walt Disney World Resort would see it's official opening on June 30, 2018. The first full Land to open as part of a plan to revitalize Disney's Hollywood Studios Theme Park, Toy Story Land with take Guests on a toy's eye view journey through Andy's backyard.

Epcot Future World Reimagined For Tomorrow

Chairman of Disney Parks and Resort Bob Chapek, and with Imagineer Tom Fitzgerald shared a vision with fans this weekend at the D23 Expo. That vision is a rejuvenated Epcot Theme Park staying true to its original mission, with new additions coming to both Future World and World Showcase in preparation for Epcot's 35th Anniversary, as well as the 50th Anniversary of Walt Disney World.

Bob Iger Remains Disney’s CEO and Chairman through June 2016

Bob Iger will continue to helm The Walt Disney Company through June 2016 as Chairman and CEO. This is a change from his original contract which called for him to retire as CEO in April 2015 and transition to the role of executive chairman.

Iger has been CEO of the company since September 30, 2005, and during his tenure has overseen the acquisition of Pixar, Marvel, and Lucasfilm, in addition to theme park and resort renovations. In 2012, Iger was paid nearly $40.2 million.