James A. "Jay" Rasulo was the Senior Executive VP and
CFO
The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financ ...
of
The Walt Disney Company
The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Disney was originally founded on October ...
.
On June 30, 2015,
Christine McCarthy
Christine McCarthy is an American businesswoman and the chief financial officer (CFO) of The Walt Disney Company. McCarthy reports to chief executive officer Bob Iger
Robert Allen Iger (; born February 10, 1951) is an American businessman w ...
was announced as his successor.
[ Prior to being appointed CFO, he was chairman of ]Walt Disney Parks and Resorts
Disney Parks, Experiences and Products, Inc., formerly Walt Disney Parks and Resorts Worldwide, Inc. and informally known as Disney Parks, is one of The Walt Disney Company's five major business segments and a subsidiary. It was founded on Apri ...
from October 2005 until December 2009 when he switched positions with Thomas O. Staggs
Thomas Owen Staggs (born 1961) is an American business executive and investor. He formerly worked at Disney for nearly 27 years, beginning in 1990, serving as chief operating officer (COO) and chief financial officer (CFO) of The Walt Disney Co ...
. He was made the president of the theme park division in September 2002, replacing Paul Pressler
Paul Pressler is the chair of the board of directors of eBay. He was previously CEO of Gap, Inc., chairman of Walt Disney Parks and Resorts and a partner at the private equity firm Clayton, Dubilier & Rice.
Early life and career
Pressler receive ...
.[
]
Walt Disney Parks and Resorts comprises Disneyland Resort
The Disneyland Resort, commonly known as Disneyland, is an entertainment resort in Anaheim, California. It is owned and operated by The Walt Disney Company through its Parks, Experiences and Products division and is home to two theme parks (Di ...
in California, Walt Disney World Resort
The Walt Disney World Resort, also called Walt Disney World or Disney World, is an entertainment resort complex in Bay Lake, Florida, Bay Lake and Lake Buena Vista, Florida, Lake Buena Vista, Florida, United States, near the cities of Orlando ...
in Florida, Tokyo Disney Resort
The (local nickname ''TDR'') is a theme park and vacation resort located in Urayasu, Chiba, Japan, just east of Tokyo. The resort is fully owned and operated by The Oriental Land Company under a licence from The Walt Disney Company, who constru ...
, Disneyland Resort Paris
Disneyland Paris is an entertainment resort in Chessy, France, east of Paris. It encompasses two theme parks, resort hotels, Disney Nature Resorts, a shopping, dining and entertainment complex, and a golf course. Disneyland Park is the origin ...
and Hong Kong Disneyland Resort
The Hong Kong Disneyland Resort is a resort built and owned by Hong Kong International Theme Parks Limited, a joint venture of the Government of Hong Kong and The Walt Disney Company in Hong Kong on reclaimed land beside Penny's Bay, at the n ...
. In addition, Rasulo oversaw Disney Cruise Line
Disney Cruise Line is a cruise line operation that is a subsidiary of The Walt Disney Company. The company was incorporated in 1996 as Magical Cruise Company Limited, through the first vessel, ''Disney Magic'' and is domiciled in London, England ...
, Walt Disney Imagineering
Walt Disney Imagineering Research & Development, Inc., commonly referred to as Imagineering, is the research and development arm of The Walt Disney Company, responsible for the creation, design, and construction of Disney theme parks and attra ...
, Walt Disney Creative Entertainment
Disney Live Entertainment is the theatrical live entertainment production division of Walt Disney Imagineering, the design and development arm of Disney Parks, Experiences and Products, a segment and direct subsidiary of The Walt Disney Company.
H ...
and Disney Regional Entertainment
Disney Regional Entertainment was the subsidiary of Walt Disney Parks and Resorts which developed and operated unique local entertainment concepts. It previously operated the Club Disney, DisneyQuest, and ESPN Zone chain entertainment concepts.
...
, which operated the ESPN Zone
ESPN Zone was a theme restaurant and entertainment center chain in the United States that included arcades, TV studios, and radio studios, operated by the Disney Regional Entertainment subsidiary of Walt Disney Parks and Resorts using the Disne ...
sports-themed restaurants.
In 2006 and 2007, Rasulo is serving a two-year term as national chair for the Travel Industry Association. He also serves as chair of the U.S. Travel and Tourism Advisory Board, established in 2003 to advise the U.S. Department of Commerce
The United States Department of Commerce is an United States federal executive departments, executive department of the Federal government of the United States, U.S. federal government concerned with creating the conditions for economic growth ...
, and is a director on the Department of Homeland Security
The United States Department of Homeland Security (DHS) is the U.S. federal executive department responsible for public security, roughly comparable to the interior or home ministries of other countries. Its stated missions involve anti-terr ...
's Safe Borders / Open Doors Committee.
Rasulo joined The Walt Disney Company in 1986 as a director within Corporate Strategic Planning and later rose to senior vice president, where he led development for Disney's real estate-based businesses. After two years as a senior vice president of Corporate Alliances and three years with Disney Regional Entertainment, Rasulo became executive vice president of Euro Disney S.C.A.
Euro Disney S.A.S. is a wholly owned subsidiary of The Walt Disney Company responsible for Disneyland Paris in Marne-la-Vallée, France.
Disneyland Paris comprises Disneyland Park, Walt Disney Studios Park, Disney Village, and seven on-site Dis ...
, which operates Disneyland Resort Paris. He served as president and chief operating officer before taking over as chairman and CEO of the French resort in 2000.
A native of New York, Rasulo has a degree in economics from Columbia University
Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...
and an MA in economics and an MBA from the University of Chicago
The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park neighborhood. The University of Chicago is consistently ranked among the b ...
. Before joining Disney, he worked for Chase Manhattan Bank
JPMorgan Chase Bank, N.A., doing business as Chase Bank or often as Chase, is an American national bank headquartered in New York City, that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and fina ...
and the Marriott Corporation
Marriott Corporation was a hospitality company that operated from 1927 until 1993, founded by J. Willard Marriott and Frank J. Kimball as Hot Shoppes, Inc. In 1957, Marriott Corporation opened its first hotel in Arlington County, Virginia, Ar ...
.
He serves on the boards of the Los Angeles Philharmonic Orchestra
The Los Angeles Philharmonic, commonly referred to as the LA Phil, is an American orchestra based in Los Angeles, California. It has a regular season of concerts from October through June at the Walt Disney Concert Hall, and a summer season at th ...
, the French-American Chamber of Commerce and the Los Angeles Jobs and Economy Commission.
References
{{DEFAULTSORT:Rasulo, Jay
Disney people
Columbia University alumni
University of Chicago Booth School of Business alumni
Living people
American chief operating officers
Year of birth missing (living people)