Disney's not alone in succession woes

April 5, 2016 10:02 AM

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The resignation of Thomas Staggs, heir apparent to the top job at Walt Disney Co., shows once again that even the best-laid plans for CEO succession can go awry.

Over the last decade, such corporate stalwarts as Hewlett-Packard, Cisco Systems and Lockheed Martin have seen designated heirs to the top executive seat abruptly depart.

Also read: Tiger Management-backed hedge fund firm Tyrian Investments to close -source

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