Person Overview

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Senior Executive Vice President and Chief Financial Officer, The Walt Disney Company at The Walt Disney Company

Detailed Description

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Thomas O. Staggs is senior executive vice president and chief financial officer of The Walt Disney Company and is a member of the company's executive management committee.

He oversees the company's worldwide finance organization, corporate strategy and development, brand management, acquisitions, corporate alliances, investor relations, treasury and risk management activities, controller functions, information systems, corporate outreach, real estate and taxes. He also represents Disney on the Supervisory Board of Euro Disney S.C.A., which owns and operates Disneyland Resort Paris.

Staggs joined Disney in 1990 as a manager of strategic planning and soon advanced through a series of positions of increased responsibility, becoming senior vice president of strategic planning and development in 1995. He was appointed executive vice president and chief financial officer in 1998, and assumed his current title in January, 2000.

He played an important role in a wide variety of Disney's strategic and operating initiatives and various Disney strategic joint ventures and corporate transactions, including the acquisitions of Capital Cities/ABC and Pixar. Staggs spearheaded Disney's realignment of its performance goals towards the combination of profit growth and strong long term capital returns and free cash flow. He also led the Company's efforts to drive greater cost and capital efficiency throughout the organization.

Staggs was recently named one of America's best CFOs and the top CFO in the Entertainment Industry by Institutional Investor Magazine.

Born in Illinois, Staggs received a B.S. degree in business from the University of Minnesota and an MBA from the Stanford Graduate School of Business. He worked in investment banking with Morgan Stanley & Co. before joining Disney. He currently resides in Los Angeles with his wife and children.

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