economy
Disney names parks and cruises boss Josh D’Amaro as next CEO
D’Amaro will take over next month from Bob Iger, who returned to lead the media company after a bungled succession
TL;DR
- Josh D’Amaro appointed as the new CEO of Disney, effective March.
- Bob Iger, who returned as CEO in 2022, will remain on the board until December.
- Dana Walden promoted to president and chief creative officer.
- D’Amaro previously chaired Disney’s experiences, overseeing theme parks and cruise ships.
- Disney reported increased profits from streaming services but warned of "headwinds" in theme park attendance.
- D’Amaro's compensation package includes a base salary, performance bonuses, and significant stock awards.
- Walden's compensation includes a base salary, performance bonuses, and stock awards.