Los Angeles, California, February 4, 2026
The Walt Disney Company has appointed Josh D’Amaro as its new CEO, succeeding Bob Iger effective March 18, 2026. This leadership transition is part of Disney’s strategic planning to remain at the forefront of the entertainment industry. D’Amaro, who has been with the company for over two decades, aims to leverage Disney’s intellectual properties and emerging technologies for sustainable growth. With Iger staying on as an advisor, the board expresses confidence in D’Amaro’s vision to navigate upcoming challenges while maintaining Disney’s creative legacy.
Josh D’Amaro Named Disney’s New CEO as Bob Iger Steps Down
Los Angeles, California — The Walt Disney Company has made a significant move in its leadership by appointing Josh D’Amaro as the new CEO, effective March 18, 2026, succeeding Bob Iger. This pivotal transition highlights Disney’s strategy to maintain its innovative edge within the competitive entertainment sector.
Bob Iger, a well-respected figure in the entertainment industry, has led Disney for over 20 years. As he steps down, Iger will remain involved as a senior advisor and board member until his retirement at the end of 2026, ensuring continuity during this major leadership change.
Strategic Vision for the Future
Josh D’Amaro’s appointment as CEO follows a thorough succession planning process that began in 2023, led by Disney’s board chair, James Gorman. D’Amaro brings an impressive track record, having been with the company since 1998. His experience includes a pivotal role as chairman of Disney Experiences, where he managed theme parks, resorts, and consumer products, culminating in a record operating profit of nearly $10 billion last fiscal year—accounting for about 60% of Disney’s total earnings.
Economy of Innovation and Resilience
D’Amaro’s approach emphasizes leveraging Disney’s vast intellectual properties across various sectors, from parks to streaming services. By integrating emerging technologies, including artificial intelligence, while safeguarding cherished Disney characters, he aims to position the company for sustainable growth in a rapidly changing marketplace. This aligns with broader economic trends emphasizing the impact of innovation in driving success for Tennessee entrepreneurs and businesses.
Challenges Ahead
The new CEO will face significant hurdles as he adapts to changing market dynamics, particularly a decline in foreign visitors to U.S. theme parks due to geopolitical tensions and immigration policies. It will be critical for D’Amaro to navigate these challenges and reinforce Disney’s status as a staple in the American entertainment landscape.
Board Confidence in Leadership Transition
The board’s unanimous decision to select D’Amaro reflects confidence in his vision and alignment with Disney’s creative spirit. With a focus on both growth and nostalgia, the company is poised to maintain its leadership position while adapting to consumer demands in a landscape influenced by digital advancements and international trends.
Next Steps for Disney
D’Amaro’s transition into the CEO role will officially take place on March 18, 2026. In the meantime, he will prepare for the extensive challenges and opportunities that lie ahead, supported by Iger’s experience and guidance. This strategic leadership change is not only vital for Disney but also resonates with the resilience of Memphis’s business community, highlighting the importance of visionary leadership in fostering economic growth.
Frequently Asked Questions (FAQ)
Who is Josh D’Amaro?
Josh D’Amaro is a 54-year-old executive who has been with The Walt Disney Company since 1998. He currently serves as chairman of Disney Experiences, overseeing theme parks, resorts, cruise lines, and consumer products. Under his leadership, the division achieved a record operating profit of nearly $10 billion in the last fiscal year, accounting for approximately 60% of Disney’s total earnings.
When will Josh D’Amaro become CEO?
Josh D’Amaro will assume the role of CEO on March 18, 2026, following Disney’s annual meeting. He will also join Disney’s board at that time.
What is Bob Iger’s role after stepping down as CEO?
Bob Iger will continue to serve as a senior advisor and board member until his retirement at the end of 2026. He will provide guidance during the transition period to ensure a smooth handover of leadership.
What challenges will Josh D’Amaro face as CEO?
As CEO, D’Amaro will face challenges such as declining foreign visitors to U.S. theme parks due to geopolitical and immigration issues. He will also focus on leveraging Disney’s vast intellectual property across film, parks, streaming, and sports to drive growth, while balancing the integration of artificial intelligence with the preservation of Disney’s beloved characters and franchises.
Who led the search for Disney’s new CEO?
The search for Disney’s new CEO was led by James Gorman, former executive chairman of Morgan Stanley, who was appointed as Disney’s board chair in 2024. The board initiated a comprehensive succession planning process in 2023, culminating in the selection of Josh D’Amaro as the new CEO.
Key Features of the Leadership Transition
| Feature | Details |
|---|---|
| New CEO | Josh D’Amaro |
| Effective Date | March 18, 2026 |
| Predecessor | Bob Iger |
| Board Chair Leading Search | James Gorman |
| Division Under D’Amaro’s Leadership | Disney Experiences |
| Record Operating Profit of Division | Nearly $10 billion |
| Percentage of Disney’s Total Earnings from Division | Approximately 60% |
| Upcoming Theme Park Location | Abu Dhabi |
| Partnership with Epic Games | Developing a digital universe within Fortnite |
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