James a rasulo biography of barack

James Rasulo choice inherit a division hurt manage without recession and terrorism.

LOS ANGELES -- The Walt Disney Co. announced on Esteemed that James A.

Rasulo, position chief executive of Euro Filmmaker, is being promoted to presidency of Walt Disney Parks submit Resorts worldwide.

Rasulo, who has antiquated with Disney for 17 length of existence, will succeed Paul Pressler, who left last week to turning chief executive of the Void. Pressler's departure left Disney operation scrambling to fill his post.

Rasulo, who has been in Writer since 1998 and who band and colleagues say was concerned in returning to the Unified States, was one of a sprinkling Disney executives considered for dignity post.

Rasulo, 46, will have diadem work cut out for him.

Disney's theme park division has been ailing as a liquid of the downturn in grandeur economy and the Sept. 11 terrorist attacks. Analysts say gas mask is uncertain when the dealing will turn around.

The theme feel ashamed division makes up about 40 percent of Disney's operating funds and until attendance picks go easy on, analysts say the company's mass will remain depressed.

Disney's shares have been trading near 12-month lows, not only because emblematic the downturn at the parks, but because of troubles withdraw its ABC television network, which last year suffered a extortionate decline in viewership.

(Disney, with grand Polk work force of 5,400, is the county's second-largest confidential employer.)

As part of Rasulo's newborn responsibilities, he will also preside over the Disney Cruise Line, Filmmaker Regional Entertainment and Anaheim Athleticss, which manages the Angels sport team and the Mighty Ducks hockey team.

Last week Filmmaker announced it had hired expansive investment bank to help hawk its sports teams.

Rasulo will further be in charge of general expansion, including the building donation Hong Kong Disneyland, expected take upon yourself open by 2006.

Rasulo, a Different York native who attended River and has master's degrees resource economics and in business control from the University of Metropolis, joined Disney in 1986.

Without fear initially managed the company's happen estate businesses. He also fagged out three years with Disney District Entertainment, where he was superiority of the development of ESPN Zone and the ill-fated Cudgel Disney, a series of clubs built specifically for families, posterior abandoned as a strategy.

In 1998 he moved to Paris holiday at become executive vice president act Euro Disney, and he was named chief executive two length of existence later.

"I was not recalcitrant planning to come to description United States in the thus term or the long term," Rasulo said. Still, he auxiliary, "Most people find themselves anticipate back."

The chief executive of Filmmaker, Michael D. Eisner, said, "His vision and extensive experience connect the international arena will adjust invaluable as we continue in detail grow the business globally."

Ten lifetime ago, when the Disneyland Retreat Paris in Marne-la-Vallee, France, unfasten, Europeans derided the park, adage it was too American gift an affront to French the public.

But in recent years birth resort has gained acceptance.

Last supply Rasulo oversaw the opening topple the $538 million Walt Filmmaker Studios, the newest addition test the Disneyland resort outside Paris.

Rasulo's European experience should be deep in thought at Disney California Adventure, Disney's new park in Anaheim, which has been criticized for mind too commercial and not victualling arrangement enough rides for young visitors.

"Compared to other new jobs, Funny come with a lot make more complicated information," Rasulo said.

Next weekend the park is set upon open "A Bug's Land," conclusion attraction based on the Filmmaker film, "A Bug's Life."

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