Disney CFO Jay Rasulo resigns, leaving path for Tom Staggs

Jun 1, 2015, 11:18 AM
FILE - In this July 9, 2013 file photo, Jay Rasulo, CFO of the The Walt Disney Company, arrives at the Allen & Company Sun Valley Conference in Sun Valley, Idaho. Disney on Monday, June 1, 2015 announced that Rasulo will resign at the end of the year. (AP Photo/Rick Bowmer, File)
(AP Photo/Rick Bowmer, File)

LOS ANGELES (AP) — The Walt Disney Co.’s chief financial officer, Jay Rasulo, will resign at the end of June.

Once considered a possible candidate to replace CEO Bob Iger when Iger retires in 2018, Rasulo’s resignation paves the path to Disney’s top job for Tom Staggs, who became chief operating officer in February.

Disney has not officially named a successor to Iger.

A new chief financial officer was not immediately named Monday.

Rasulo, who joined Disney in 1986, had been chairman of Disney’s parks and resorts division and became CFO five years ago. He was also recently responsible for overseeing operations at YouTube channel operator Maker Studios.

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Disney CFO Jay Rasulo resigns, leaving path for Tom Staggs