The Walt Disney Board of Directors voted unanimously to elect Disney Experiences Chairman Josh D’Amaro to become the next Chief Executive Officer of The Walt Disney Company, effective March 18.
D’Amaro, who has worked for Disney for 28 years, will succeed longtime Disney CEO Robert A. Iger. He’s been the head of Disney’s Experiences segment since 2020, leading the 12 theme parks and 57 resort hotels worldwide, along with Disney Cruise Line, Adventures by Disney and more.
As he’s been appointed, we’ll likely see new growth within this segment in the future. The Parks and Experiences segment of the mega-corporation earned a record $10 billion this year—and there are already plans to build an entirely new Disney park in Abu Dhabi.
However, stocks declined 5 percent earlier this week when a financial call reported that Disney’s U.S. parks weren’t doing as well lately due to less international visitation.
“I am immensely grateful to the Board for entrusting me with leading a company that means so much to me and millions around the world,” said Josh D’Amaro, incoming CEO of The Walt Disney Company. “Disney’s strength has always come from our people and the creative excellence that defines our stories and experiences.
“There is no limit to what Disney can achieve, and I am excited to work with our teams across the company and brilliant creative partners to honor Disney’s remarkable legacy while continuing to innovate, grow, and deliver exceptional value for our consumers and shareholders,” continued D’Amaro. “I also want to express my gratitude to Bob Iger for his generous mentorship, his friendship, and the profound impact of his leadership.”
As D’Amaro becomes CEO, Dana Walden, Co-Chairman of Disney Entertainment, is being promoted to President and Chief Creative Officer of The Walt Disney Company. Walden has led Disney’s news and entertainment media segment, including Disney+. The new role is the first of its kind for the entertainment giant.
Iger will continue serving as Senior Advisor and as a member of the Disney Board until his retirement on December 31, 2026.
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