Photo by John Schreiber.
Photo by John Schreiber.

The Walt Disney Co.’s chief financial officer will step down, effective June 30, the Burbank-based entertainment giant announced Monday

James A. Rasulo will continue to serve in an advisory capacity to Disney Chairman and CEO Robert A. Iger.

Rasulo “has been a valued colleague and friend, as well as a vital contributor to Disney’s success, particularly in his roles as chief financial officer and chairman of our parks and resorts division,” Iger said.

Rasulo’s successor will be named at a later date, according to the company.

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