Tue, 03 Feb 2026

Tue, 03 Feb 2026 Disney names Josh D'Amaro as new chief executive

The media giant chooses the head of its amusement park business to replace longtime boss Bob Iger.

* Walt Disney has appointed Josh D'Amaro as its new CEO, replacing Bob Iger who will step down on March 18.
* D'Amaro is a 28-year veteran of the company and currently heads the amusement park business, which has delivered consistent profits in recent years.
* He will oversee the entire company, including film, TV, and streaming divisions, as Disney navigates the challenges of the streaming industry.
* Iger said he was "proud to step away" at a time when Disney's future is looking brighter than ever, and praised D'Amaro's creative touch and financial skills.
* D'Amaro has led Disney's theme park division since 2015, overseeing projects such as Star Wars: Galaxy's Edge and World of Frozen.
* As CEO, he will face challenges including increased political pressure on media companies in the US, rising costs for visitors to its parks, and a lagging share price.
* D'Amaro will receive a $2.5m base salary and Disney shares worth at least $26.3m annually, as well as a bonus award worth $9.7m this year.
* Dana Walden, co-chair of Disney's entertainment business, has been named chief creative officer and will report to D'Amaro.
* Analysts warn that while the parks division has delivered profits, Disney's success ultimately depends on its content, and D'Amaro must balance the two areas.
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