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FIRST WALT DISNEY WORLD EMPLOYEE, PHIL SMITH, RETIRING; BILL O'TOOLE NAMED SUCCESSOR AS SENIOR VP, ADMINISTRATION/SUPPORT

 FIRST WALT DISNEY WORLD EMPLOYEE, PHIL SMITH, RETIRING;
 BILL O'TOOLE NAMED SUCCESSOR AS SENIOR VP, ADMINISTRATION/SUPPORT
 LAKE BUENA VISTA, Fla. Nov. 13 /PRNewswire/ -- Phil Smith, the first permanent Disney cast member in Florida, is retiring after a career spanning 27 years with the company.
 In a transition of responsibilities, Smith's position as senior vice president -- Administration and Support for Walt Disney World Resort will be assumed by Bill O'Toole, who currently is vice president of Finance -- Theme Parks, and controller for the Walt Disney World Co. Announcement of the changes was made by Walt Disney Attractions President Judson Green.
 Jim Hunt, an audit partner with the accounting firm of Ernst & Young in Orlando, succeeds O'Toole as vice president/controller, it was announced by Eddie Carpenter, president of Disneyland International and chief financial officer of Walt Disney Attractions.
 Smith was hired in November 1965 to serve as legal counsel during the final assembly of land plots that comprise the property that today is Walt Disney World Resort. He opened the company's Orlando office in February 1966, less than three months after Walt Disney's announcement of a planned Florida attraction.
 As resident counsel, Smith handled the legal aspects connected with putting together the first real estate package. He even lived on the Disney property as its only resident during early construction.
 In 1968 Smith was appointed assistant secretary for Walt Disney World Co., and in 1970 he became the secretary of the company. In February 1973 he assumed the additional title of vice president -- Legal, and in 1984 he became vice president -- Administration. He has held his present title since November 1987.
 O'Toole also is a long-time Disney cast member, joining the company in 1979 as manager of operational planning. He held a variety of Finance Division positions including director of Finance, prior to becoming VP-Finance and controller in fall 1987.
 In replacing Smith, O'Toole assumes responsibility for Administration/Support, which provides services to major Walt Disney World operating division. Specific areas of responsibility include Administration, Facility Services, Support Services, Utility Services, Purchasing and Contract Service, and Security.
 "I am confident that Bill's years of Disney experience and his strong leadership will be a tremendous asset to the support effort," Walt Disney Attractions President Judson Green said.
 O'Toole's successor as vice president/controller, Jim Hunt, has been a partner with Ernst & Young since 1977, serving as an audit executive for a variety of Orlando clients including financial institutions, manufacturers, real estate offices and colleges and universities. He also was director of Human Resources and Marketing for the Orlando office.
 Hunt graduated summa cum laude from the University of Central Florida with a degree in business administration. He also completed Northwestern University's executive program through the J.L. Kellogg Graduate School of Management. A certified public accountant and a certified management accountant, Hunt is a member of the American and Florida Institutes of Certified Public Accountants.
 Hunt holds advisory positions for the Rotary Club of Orlando, St. Margaret Mary Catholic Community and the University of Central Florida Alumni Association. He received the "Up and Comer Award" in 1989 from Price Waterhouse/Orlando Business Journal.
 Hunt and his wife, Marilyn, have one daughter, Chelsea.
 In announcing Smith's retirement, effective Dec. 1, Green expressed "deep regret," noting, "Phil will always be remembered by the Disney organization as the 'pioneer' for the fulfillment of Walt Disney's dream for the Florida project as well as a truly admired executive whose day- to-day leadership reflects the best values of our Disney heritage. Phil's style, friendship and sense of humor will be deeply missed."
 Smith recently was honored with the first Joe Potter Eagle Award presented by the Reedy Creek Improvement District (RCID). The award recognized Smith's 25 years of service to RCID -- at various times as a board member, secretary and legal counsel.
 Smith was born on June 29, 1932, in Parkersburg, W. Va. He attended Washington & Jefferson College in Washington, Pa., receiving a bachelor's in Liberal Arts in 1954. He received a Juris Doctor degree from University of Miami in 1962.
 Smith and his wife, Gwen, plan to pursue personal retirement interests in Central Florida and North Carolina.
 -0- 11/13/92
 /CONTACT: Walt Disney World press and publicity dept., 407-824-4531/ CO: Walt Disney World ST: Florida IN: ENT SU: PER


JB-SS -- FL008 -- 0611 11/13/92 10:32 EST
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Date:Nov 13, 1992
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