Disney names Rasulo to head parks division

LAKE BUENA VISTA, Fla. -- The Walt Disney Co. named James Rasulo, the head of Euro Disney to take over the reigns of its theme park division, which includes Disney Cruise Lines and parks worldwide.

Rasulo replaces Paul Pressler who quit last week to join San Francisco-based clothing retailer Gap Inc.

Rasulo, chairman and CEO of Euro Disney since 2000, becomes president of Disney theme parks division and will oversee the development of the first park in China, scheduled to open in Hong Kong in 2005.

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