Meet Board Candidate Jay Rasulo | #RestoreTheMagic at Disney

Meet Board Candidate
Jay Rasulo

James A. (“Jay”) Rasulo is an independent advisor and former CFO of Disney

James A. (“Jay”) Rasulo currently serves as an independent advisor to various start-up and emerging companies. He serves on the board of iHeartMedia Inc. (NASDAQ: IHRT), an audio media company, since May 2019, where he is the Lead Independent Director, Chair of the Compensation Committee and a member of the Audit and Nominating and Corporate Governance Committees. Mr. Rasulo previously served on the board of Saban Capital Acquisition Corporation (formerly NASDAQ: SCAC) from 2016 to 2019, where he sat on the Audit Committee.

Mr. Rasulo is a Disney veteran who spent three decades at the Company in a variety of roles, including five years as Chief Financial Officer. During his tenure as CFO, Disney’s stock price increased by more than 250% and the Company paid more than $8 billion in dividends to shareholders.1 Prior to being appointed Chief Financial Officer, Mr. Rasulo ran Disney’s Parks and Resorts business, during which time the Parks and Resorts division delivered consistent revenue and operating income growth. Prior to his time at Disney, Mr. Rasulo held strategic positions at Marriott Corporation (NASDAQ: MAR) and Chase Manhattan Bank.

Mr. Rasulo was previously the Chairman of the Los Angeles Philharmonic Association from 2016 through 2019 and has served as its Vice Chairman since 2019. He also previously served as the Chairman of the U.S. Travel Association and Chairman of the U.S. Travel and Tourism Promotion Advisory Board.

Mr. Rasulo is a graduate of Columbia University (BA, Economics) and received his M.A. and M.B.A. from the University of Chicago.

Source 1

Hear Mr. Rasulo speak about Disney’s creative content

“In the past, I think that Nelson Peltz has done a good job in general on boards that he joins. So, I think avoid the fight. They got other things to worry about.”

Karen FinermanFast Money; November 7, 2023

“[Nelson Peltz] should get a seat. And [Bob Iger] would be smart to [add him to the Disney board].”

Scott GallowayPivot Podcast: Israel-Hamas War, Search for a Speaker, and Guest Esther Peres; October 13, 2023

“Nelson Peltz of course is coming with Jay Rasulo, who was a potential CEO of Disney, ran the Parks and was the CFO, so he is obviously well qualified.”

Jessica Reif EhrlichBofA Securities; December 15, 2023

Source 1: FactSet. James A. Rasulo was Chief Financial Officer at Disney from 01/01/10 through 06/30/15.