Tom Staggs, Chairman, Walt Disney Parks and Resorts, has been named Chief Operating Officer of The Walt Disney Company. Here is the official announcement from Disney Chairman and CEO, Mr. Bob Iger: A 25-year Disney veteran, Mr. Staggs is Chairman, Walt Disney Parks and Resorts, overseeing the strategy, operations and creative development of the company’s iconic travel and leisure businesses. He will assume the role of Chief Operating Officer immediately, while continuing to lead Parks and Resorts until a successor is named. Disney’s senior management team, including all business segment leaders, will report jointly to Mr. Iger and Mr. Staggs, with the exception of the Chief Financial Officer, General Counsel, Chief Communications Officer and Chief Human Resources Officer, who will continue to report directly to Mr. Iger. “Tom is an incredibly experienced, talented and versatile executive who has led Parks and Resorts during a time of unprecedented growth and expansion,...