Disney has appointed Josh D’Amaro, the current head of its theme parks division, as the successor to Bob Iger as the company’s CEO. D’Amaro will be the ninth CEO in Disney’s history. He has been overseeing the company’s theme parks, cruises, and resorts since 2020, a division that has been a significant revenue generator for Disney with $36 billion US in annual revenue in fiscal 2025 and 185,000 employees worldwide.
Taking the helm at a time when Disney is enjoying success with box office hits like “Zootopia 2” and “Avatar: Fire and Ash,” as well as a thriving streaming business, D’Amaro faces challenges within the entertainment industry. Factors such as the emergence of generative AI, the consolidation of streaming giants, and alleged government interference in entertainment company operations have created confusion in the industry.
This appointment follows a tumultuous period for Disney, as Iger had to return to the role of CEO in 2022 after a series of issues and declining financial performance under his successor, Bob Chapek. The selection process for the new CEO was meticulous, beginning in 2024 with the formation of a succession planning committee and the involvement of external expertise to lead the search.
In the midst of this leadership transition, Disney is facing scrutiny and challenges. Recent incidents involving Disney-owned ABC, such as the decision to pull “Jimmy Kimmel Live!” after controversial remarks by the host, have attracted criticism and raised questions about potential external influences on entertainment companies. The company’s interactions with the Trump administration and its involvement in various settlements and acquisitions have stirred controversy and public concern.
As D’Amaro and Dana Walden emerged as leading contenders for the CEO position, internal candidates were favored due to their familiarity with Disney’s operations and leadership structure. D’Amaro, with a long history at Disney, has spearheaded major investments in the company’s theme parks and licensing business. Walden, in her role as co-chair of Disney Entertainment, has played a key role in overseeing Disney’s streaming business and content divisions. Walden will now assume the role of chief creative officer, reporting to D’Amaro.
The appointments of D’Amaro and Walden are set to take effect on March 18, marking a new chapter for Disney under their leadership.
