Disney's New CEO Josh D'Amaro Steps up for a Wild Ride
Josh D'Amaro, a 28-year Disney veteran, will focus on creativity and growth in theme parks and streaming as he takes over from Bob Iger, amid mixed investor response.
- On March 18, 2026, the Disney board confirmed that Josh D'Amaro, Chief Executive Officer, officially assumes the role at the annual shareholder meeting, succeeding Bob Iger.
- His record running Disney Experiences shows the experiences segment recently topped $10 billion in quarterly revenue with $3.3 billion operating income, making up more than 70% of profit.
- Investors confront mixed signals as Disney stock is down more than 10% year to date and D'Amaro inherits a declining television business plus box office fatigue while growing Disney+ and Hulu and easing ESPN's streaming shift.
- Under the transition plan, Bob Iger will step back from daily operations and remain as a Disney senior advisor and board member until Dec. 31, mentoring his successor for several months.
- The board paired D'Amaro with Dana Walden, president and chief content officer, to bolster content expertise amid activist pressure from Third Point and Trian Fund Management, while investors expect him to address AI-era risks.
46 Articles
46 Articles
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Bob Iger Bids Fond Farewell, Praises D'Amaro in Final Disney Shareholder Meeting: 'I Sense Confidence and Excitement'
Outgoing CEO Bob Iger expressed immense gratitude, confidence in incoming CEO Josh D’Amaro and acknowledged “extraordinary change” in his farewell address at Disney’s annual shareholder meeting on Wednesday. The meeting marked the transfer of power from Iger, who is exiting the company, to D’Amaro, who takes the baton and touted his “One Disney” vision going forward. Iger, who has worked for the Walt Disney Company since 1974, offered an emotion…
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