Larissa Manoela and Josh D’Amaro, Chairperson of Walt Disney Parks and Resorts, wave to the viewers after Panel Disney Experiences throughout Day 2 of the D23 Brazil: A Disney Expertise at Transamerica Expo Heart on November 09, 2024 in Sao Paulo, Brazil.
Ricardo Moreira | Getty Pictures
Disney is popping the web page on a brand new chapter as Josh D’Amaro steps in as CEO of the media and theme park powerhouse.
D’Amaro most just lately served as chairman of Disney Experiences, which incorporates the corporate’s theme parks, cruise line, resorts and client merchandise. He’ll formally succeed Bob Iger as chief government through the firm’s annual shareholder assembly Wednesday.
The longtime Disney government takes over after a interval of uncertainty for the century-old firm — together with a carefully watched succession race and a latest reorganization and turnaround — that has left it with a blended reception from Wall Road.
Disney’s inventory is down greater than 10% 12 months so far as of Tuesday’s shut.
D’Amaro’s most fast activity will probably be sustaining momentum in Disney’s core development areas. The corporate’s most up-to-date quarterly earnings had been lifted by its theme parks and streaming, the 2 areas that stay in focus for traders, business friends and shoppers alike.
The corporate has just lately launched into a significant funding in its theme parks, together with an growth with a theme park and resort in Abu Dhabi, United Arab Emirates, and has seen its streaming enterprise attain consecutive quarters of profitability.
Disney additionally returned to the highest of the field workplace with hits like “Lilo & Sew,” “Zootopia” and “Avatar” in 2025.
Welcome wagon
On this handout picture supplied by Disneyland Resort, Disney Experiences Chairman Josh D’Amaro and The Walt Disney Firm Chief Govt Officer Bob Iger communicate through the seventieth anniversary celebrations of Disneyland Resort on July 17, 2025 in Anaheim, California.
Handout | Getty Pictures Leisure | Getty Pictures
That is the second time Iger handed over the reins to a successor in roughly six years. He’ll stay as a Disney senior advisor and board member till he retires from the corporate on Dec. 31.
The storied CEO led Disney for roughly 20 years over the course of two stints on the high. In his first 15 years Iger was answerable for a few of its largest acquisitions like Marvel and Fox’s leisure belongings, in addition to the launch of Disney+.
In Disney’s February announcement of D’Amaro’s appointment, Iger known as D’Amaro an “distinctive chief and the suitable individual to turn out to be our subsequent CEO.”
D’Amaro, 55, has been at Disney since 1998 and has held quite a lot of roles on the firm. Beneath his management, Disney’s theme parks division has blossomed right into a driving pressure and an earnings driver.
