Josh D'Amaro becomes Disney CEO, succeeding Bob Iger

Disney parks main Josh D'Amaro, who led the company's $36 cardinal experiences division, has taken implicit arsenic CEO from Bob Iger, who moves to a elder advisory role.

Josh D'Amaro volition go main enforcement of The Walt Disney Company connected Wednesday, assuming the relation astatine the company's yearly shareholder gathering and succeeding Bob Iger aft the outgoing CEO's astir 2 decades astatine the helm.

Before his elevation to CEO, D'Amaro had tally Disney Experiences, the company's largest concern segment, since 2020. The part — which encompasses taxable parks, edifice hotels, cruise lines, and user products — generated $36 cardinal successful yearly gross successful fiscal twelvemonth 2025 and employs 185,000 radical worldwide, Disney said. The institution had full yearly gross of $94.4 cardinal successful fiscal twelvemonth 2025.

Alongside D'Amaro's appointment, Dana Walden was named president and main originative officer, besides effectual Wednesday. Walden antecedently co-chaired Disney Entertainment, overseeing the company's media, news, content, and streaming businesses globally. Disney described the relation arsenic a archetypal for the enterprise; Walden volition study straight to D'Amaro.

D'Amaro has worked astatine Disney for 28 years, starting astatine Disneyland Resort successful 1998. He built his vocation chiefly successful the parks business, holding roles successful finance, operations, marketing, and concern strategy successful the U.S. and abroad. In 2020, helium became president of Disney Experiences, overseeing 12 taxable parks and 57 edifice hotels worldwide, with a caller parkland planned for Abu Dhabi. "There is nary bounds to what Disney tin achieve," D'Amaro said successful a statement.

Disney's committee voted unanimously to elite D'Amaro successful February aft a succession process that began successful January 2023. Board president James Gorman said successful a connection that D'Amaro had demonstrated "a beardown imaginativeness for the company's future" passim the search.

Iger volition stay with the institution arsenic a elder advisor and committee subordinate done Dec. 31, 2026. Iger has present stepped distant from the main enforcement station twice; a erstwhile handoff to Bob Chapek collapsed wrong 2 years, prompting Iger's instrumentality successful 2022, according to CNBC.

As of Tuesday, Disney banal had shed much than 10% since the commencement of the year.