A source said Staggs, 55, made the decision to leave after pressing for a formal commitment from the Disney board about his future ascent to the throne. When that didn’t come, the executive came to the decision that he did not want to wait another two years and that it was time to move on. There was also speculation that delays and cost overruns with the long-awaited Shanghai
Disneyland park, now scheduled to open in June, played a part. He had shepherded the $5.5 billion project during his previous tenure as head of the Parks and Resorts division before his promotion to COO in February 2015. However, sources cautioned that many of those issues were spurred by the complexities of doing buisness in China.
