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Disney COO Staggs to step down as search for new CEO widens

Sheryl Sandberg of Facebook seen as potential candidate

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Tom Staggs, the veteran Walt Disney Co executive who had been widely seen as the media company's next CEO, will step down on May 6 as the board expands its search for a successor to Bob Iger, Disney said on Monday.

Los Angeles

TOM Staggs, the veteran Walt Disney Co executive who had been widely seen as the media company's next CEO, will step down on May 6 as the board expands its search for a successor to Bob Iger, Disney said on Monday.

The unexpected move came little more than a year after

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