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Pressler Departs; Paris' Rasulo New Parks Pres

Paul Pressler leaves Disney to head the GAP. Two days later Disney names Disneyland Paris chief Jay Rasulo President of Disney Parks and Resorts.

• Jay Rasulo, a man of the world - Orange County Register (10/1/2002)
  A look at the new Disney Parks and Resorts head, Jay Rasulo. The piece offers comments from Disneyland Resort president Cynthia Harriss and former chief of Disney International Jim Cora.
• James A. Rasulo Promoted to President of Walt Disney Parks and Resorts - LP Wire (9/30/2002)
• Disney parks chief named - Orange County Register (9/30/2002)
  Jay Rasulo has been announced as the new head of Disney's Parks and Resorts division.
• Jay leads the way - Jim Hill Media (9/30/2002)
  Jim Hilll chimes in with his thoughts and analysis of Disney's announcement placing Jay Rasulo as the new head of Disney's Parks and Resorts.
• Disney Selects a Chief for Its Theme Parks and Resorts - New York Times (9/30/2002)
  The September 30th New York Times talks about Jay Rasulo's appointment as head of Disney's Parks and Resorts.
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• Disney picks parks chief - Orlando Sentinel (9/30/2002)
  The September 30th Orlando Sentinel talks about Jay Rasulo's appointment as head of Disney's Parks and Resorts offering comments by Walt Disney World's chief Al Weiss.
• Disney Fills Gap - Motley Fool (9/28/2002)
  A Fool.com editorial talks about Pressler's departure from Disney.
• At Disney, Speculation Over Executive's Successor - New York Times (9/27/2002)
  Speculation as to who will will replace Paul Pressler who has left the Disney Company to head the Gap. Names talked about include Walt Disney World's Al Weiss, Disneyland Paris' Jay Rasulo, Disneyland Resort president Cynthia Harris and Disney Cruise Lines' Matt Ouimet.
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• More Woes for Eisner: Key Exec Takes Gap Job - Los Angeles Times (9/27/2002)
  The September 27th Los Angeles Times talks about Paul Pressler's departure as head of Disney's Parks and Resorts.
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• Eisner's Comment on Pressler's Departure - LP Wire (9/27/2002)
  Paul has been a tremendous asset to the Walt Disney Company over his 15 years of service," said Michael D. Eisner, chairman and chief executive officer of the Walt Disney Company. "Under his leadership, both the Parks and Resorts and the Disney Stores were guided through a time of enormous creative and financial growth. I am certain that Paul's talents will benefit the Gap tremendously, just as they have added outstanding value to our company," Eisner said.
• Disney parks head quits for Gap - Financial Times (9/27/2002)
  In a September 27th Financial Times analyst Jessica Reif Cohen, an analyst at Merrill Lynch talks about Pressler;s departure stating, "Disney's best and most experienced executive and we view his departure as a loss for the company"
• Paul Pressler leaves Disney for Gap, Inc. - LP Wire (9/26/2002)
  Press release announcing Paul Pressler, Chairman of Walt Disney Parks and Resorts, has left Disney to become CEO of Gap, Inc.
• Paul Pressler to be CEO of Gap, Inc. - Associated Press (9/26/2002)
  More on Paul Pressler's departure from Disney.
• Disney Exec To Mind The Gap - Forbes (9/26/2002)
  The September 26th Forbes talks about continuing concerns over Disney's lack of management strength highlighted by Paul Pressler's departure. If he is able to turnaround the Gap's economic performance it will shore up concerns that Eisner is unable to groom a number two, a position many thought Pressler would fill.

 

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Posted: 11/7/09

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