In a move that marks a new chapter for the entertainment behemoth, Disney has officially announced its next CEO: Josh D'Amaro. As of March, the former chairman of Disney Experiences will assume the top spot in a unanimous decision by the company's board of directors.
D'Amaro, who has spent 28 years at Disney, brings extensive experience across various divisions, including theme parks, cruises, consumer products, and video games. Notably, he replaces Bob Iger, who stepped down as CEO earlier this year following a tumultuous tenure that saw the company face significant challenges.
In 2020, Disney had previously appointed Bob Chapek as its successor to Iger, but his tenure lasted only until 2022, when Iger returned to lead the company. Subsequently, a search committee was formed in 2023, with Iger serving as a mentor to potential candidates. D'Amaro's appointment marks a decisive shift in leadership at Disney.
During his time at the helm, Iger oversaw several significant moves, including the launch of Disney+, the acquisition of Hulu, and the purchase of 20th Century Fox's film and television studios. As part of his transition out of CEO duties, Iger will continue to serve on the board as a senior advisor until the end of this year.
With D'Amaro at the helm, Disney is poised to navigate the ever-changing entertainment landscape with a seasoned veteran at the wheel. The appointment brings an air of stability and continuity, as D'Amaro is well-positioned to build on Iger's legacy while driving innovation and growth in the company's various divisions.
D'Amaro, who has spent 28 years at Disney, brings extensive experience across various divisions, including theme parks, cruises, consumer products, and video games. Notably, he replaces Bob Iger, who stepped down as CEO earlier this year following a tumultuous tenure that saw the company face significant challenges.
In 2020, Disney had previously appointed Bob Chapek as its successor to Iger, but his tenure lasted only until 2022, when Iger returned to lead the company. Subsequently, a search committee was formed in 2023, with Iger serving as a mentor to potential candidates. D'Amaro's appointment marks a decisive shift in leadership at Disney.
During his time at the helm, Iger oversaw several significant moves, including the launch of Disney+, the acquisition of Hulu, and the purchase of 20th Century Fox's film and television studios. As part of his transition out of CEO duties, Iger will continue to serve on the board as a senior advisor until the end of this year.
With D'Amaro at the helm, Disney is poised to navigate the ever-changing entertainment landscape with a seasoned veteran at the wheel. The appointment brings an air of stability and continuity, as D'Amaro is well-positioned to build on Iger's legacy while driving innovation and growth in the company's various divisions.