My inbox is full of messages from media moguls, execs and other insiders speculating about the Disney board’s move to usher out COO Tom Staggs after priming him for the past year to be the successor to CEO Bob Iger.
A week-plus after the sudden announcement even veteran observers are still bewildered at the spot Disney has put itself in — and wondering what it’s going to do.
The board is staring at two years left on Iger’s contract with no obvious candidate to take over a phenomenally complex global media company.
“Running Disney is like running a country,” said one mogul, underlining the fact that there are precious few people with the relevant experience to take the job.