business
February 2, 2026
Disney signals its next CEO will take over a company with strong momentum
Disney CEO Bob Iger touted the company's growth in its last three years as the company prepares to announce his successor.
TL;DR
- Disney is preparing to announce a successor for CEO Bob Iger.
- The company reported strong first-quarter earnings, exceeding Wall Street expectations.
- The experiences division, including theme parks, achieved over $10 billion in quarterly revenue for the first time.
- Disney plans further investments in theme parks, including a new resort in Abu Dhabi.
- The entertainment segment, encompassing TV, streaming, and film, also saw revenue growth.
- Josh D'Amaro and Dana Walden are considered front-runners for the CEO position.
- The Disney board is expected to vote on the next CEO soon.
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