 Staggs stepped down as COO, effective May 6, 2016.Staggs remained with the company as a "Special Advisor to the CEO", Bob Iger, through the end of the fiscal year.It was reported that Staggs failed to receive assurances from the board to succeed Iger, as the board decided instead to widen the executive search, while Iger also did not persuade Staggs to stay on.