 Staggs became executive vice president and chief financial officer in 1998, and became Senior Executive Vice President and CFO in January 2000.As CFO, Staggs was instrumental in purchasing Pixar for $7.4 billion in 2006 as well as acquiring Marvel Entertainment for $4 billion in 2009.On January 1, 2010, Staggs became Chairman of Walt Disney Parks and Resorts, overseeing the company's theme parks, cruise lines, and the vacation-ownership program along with roughly 130,000 employees.