US EditionDisney Board Close to Picking Parks Chief D'Amaro as Next CEO, Bloomberg News Reports
Disney’s board is set to vote on Josh D’Amaro, parks chairman and favored successor, to stabilize leadership amid challenges in streaming and content, sources say.
- Disney's board is preparing to vote next week on Josh D'Amaro, Parks & Resorts chairman, for CEO, reports Bloomberg and Reuters, which could not verify immediately.
- Bob Iger has told associates he plans to step down before his contract expires on December 31, pushing the Disney board to accelerate its succession decision amid analyst concerns last week.
- Parks & Resorts remains the biggest revenue driver, and Josh D'Amaro is the odds-on favorite amid a $60 billion five-year parks and cruises expansion, with contenders Dana Walden, Alan Bergman, and Jimmy Pitaro also considered.
- Analysts say an early reveal could stabilize investor confidence, especially before the March 18 annual shareholders' meeting, JPMorgan's David Karnovsky wrote that the announcement could act as a catalyst.
- The move mirrors Hollywood's executive churn as the new CEO would inherit animation, live-action films, television networks, and consumer products, with streaming profitability at Disney+ and Hulu as key priorities.
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Disney board close to picking parks chief D'Amaro as next CEO, Bloomberg News reports
The board of Walt Disney is close to promoting theme-park division chairman Josh D'Amaro to chief executive officer and will vote on naming a new leader next week, Bloomberg News reported on Sunday, citing people familiar with the matter.
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Bob Iger Stepping Down as Disney CEO Before End of 2026, Report Claims
The era of Bob Iger at the helm of The Walt Disney Company appears to be entering its final chapter — again. According to a new report from Variety, Bob Iger has privately told associates that he plans on stepping down as Disney’s CEO and pulling back from day-to-day management before the end of his current contract in December 2026. While the company hasn’t officially announced a departure date, the message being sent internally is clear: Iger…
According to Kreisen, U.S. entertainment giant Walt Disney is likely to soon appoint his theme park head Josh D'Amaro as head of the company.
Bob Iger plans to step down as CEO of The Walt Disney Company before the end of the year. According to The Wall Street Journal, the executive has informed his inner circle of his intention to leave the position before his contract expires, although he would remain for "several months" to facilitate the transition and support the new management team. The exact timing is not yet finalized… Source
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