business
February 3, 2026
Disney names parks boss Josh D’Amaro as its next CEO to succeed Bob Iger, effective March 18
Disney has named Josh D'Amaro, chairman of Disney Experiences, as its next CEO, succeeding Bob Iger and clinching a closely watched succession race.

TL;DR
- Josh D'Amaro appointed as the next CEO of Disney, succeeding Bob Iger.
- Bob Iger will serve as a senior advisor and board member until his retirement on December 31.
- D'Amaro's appointment is effective March 18, coinciding with Disney's annual meeting.
- Dana Walden named president and chief creative officer, reporting to D'Amaro.
- The succession process was described as long, thorough, and exhaustive by Disney board lead James Gorman.
- Disney's Experiences unit reported over $10 billion in quarterly revenue for the first time.
- The company plans to develop a new theme park in Abu Dhabi and invest $60 billion in its theme parks over the next decade.
- Bob Chapek, the previous CEO, was not involved in the selection process for the new CEO.
- Bob Iger returned as CEO in late 2022, focusing on restructuring and cost-cutting.
- Disney's stock saw a recent dip despite exceeding earnings and revenue expectations.
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