Thomas O. Staggs is the chairman of the Walt Disney Company's Parks and Resorts

Walt Disney Parks and Resorts

Walt Disney Parks and Resorts is the segment of The Walt Disney Company that conceives, builds, and manages the company's theme parks and holiday resorts, as well as a variety of additional family-oriented leisure enterprises...

 division.

Career

Joining Disney in 1990, Staggs rose from his role as a manager of strategic planning to senior vice president of strategic planning and development in 1995. Staggs became executive vice president and chief financial officer in 1998, and became Senior Executive Vice President and CFO in January, 2000.

On November 11, 2009 the Los Angeles Times reported that Staggs and Walt Disney Parks and Resorts chairman Jay Rasulo

 were trading places on January 1, 2010. The article suggests the move is just one step for Staggs on the way to someday becoming president of the Walt Disney Company. Staggs' new role places him in charge of the company's theme parks, cruise line, and vacation club. Prior to the switch, Staggs was instrumental in the acquisition of Marvel Entertainment

Marvel Entertainment

Marvel Entertainment, LLC , formerly Marvel Enterprises and Toy Biz, Inc., is an American entertainment company formed from the merger of Marvel Entertainment Group, Inc. and Toy Biz, Inc....

.

Education

Staggs was born in Illinois and received a B.S. in business from the University of Minnesota

University of Minnesota

The University of Minnesota, Twin Cities is a public research university located in Minneapolis and St. Paul, Minnesota, United States. It is the oldest and largest part of the University of Minnesota system and has the fourth-largest main campus student body in the United States, with 52,557...

 and an MBA from the Stanford Graduate School of Business

Stanford Graduate School of Business

The Stanford Graduate School of Business is one of the professional schools of Stanford University, in Stanford, California and is broadly regarded as one of the best business schools in the world.The Stanford GSB offers a general management Master of Business Administration degree, the Sloan...

. He began his career as an investment banker for Morgan Stanley & Co.

Morgan Stanley

Morgan Stanley is a global financial services firm headquartered in New York City serving a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley also operates in 36 countries around the world, with over 600 offices and a workforce of over 60,000....

 before joining Disney in 1990.