Disney No 2 Exec Tom Staggs to Depart in Surprise Move

New York Times: Tom Staggs, the favored contender to lead Disney after CEO Bob Iger’s retirement, is making a surprise exit from the company, throwing succession into disorder. His departure will also be an internal distraction as Disney prepares to unveil Shanghai Disneyland, a crucial project that Staggs had helped guide. Disney said Staggs would step down as its COO early next month.