Disney’s Cost-Cutting Execs Gain Clout Post-Tom Staggs

Bloomberg: The derailing of Tom Staggs’s drive to the top job at Disney sheds light on what some say is a culture shift at the entertainment giant, where cost-cutting is in vogue and value is placed on shaking up the business model. A group of leaders on the rise — including Bob Chapek, Jimmy Pitaro and Ben Sherwood — have restructured their divisions, fired longtime executives or sought to wring more revenue out of the business.