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Disney Names Parks Chief Josh D Amaro to Succeed Bob Iger as CEO

Move ends internal battle over who will replace longtime Disney boss

Nonepaper Staff2 min read📰 2 sources
Walt Disney Company has announced that parks division chief Josh D Amaro will succeed Bob Iger as chief executive, ending months of speculation about who would take the reins of the entertainment giant.

The announcement brings an end to an internal battle over succession that had intensified as Iger, who came out of retirement in 2022 to right the ship, signaled his intention to step back.

D Amaro has led Disney Parks, Experiences and Products division, overseeing theme parks, cruise lines, and consumer products. His elevation represents a bet on Disney operational excellence and guest experience focus.

The transition marks another chapter in Disney storied leadership history, with Iger having previously handed the role to Bob Chapek before returning when that succession failed.

Analysis

Why This Matters

Disney is at a crossroads, balancing streaming losses, theme park expansion, and content creation. The choice of a parks executive signals priorities.

Background

Bob Iger first served as CEO from 2005 to 2020, returned in 2022 after Bob Chapek tenure ended abruptly.

What to Watch

How D Amaro handles Disney streaming strategy and content investments, which have been Iger focus areas.

Sources

Disney Names Parks Chief Josh D Amaro to Succeed Bob Iger as CEO | Zotpaper