Disney names Josh D'Amaro
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Walt Disney Co. missed expectations on net profit but came in slightly ahead on adjusted earnings per share and revenue.
The executives were interviewed by David Muir Wednesday.
Josh D'Amaro, who oversees Disney theme parks and dozens of resort hotels worldwide, will become the next Disney CEO.
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The exec is said to have strong relationships with Disney's creative team, an appetite for risk-taking, and a desire to understand what the entertainment giant's loyal fans want.
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Josh D'Amaro named next Walt Disney Company CEO to succeed Bob Iger
Josh D’Amaro, who heads Disney’s Experiences division, will become CEO effective March 18, succeeding Bob Iger.
Bob Iger succeeded at Disney in the golden age of cable. His successor, a theme park veteran, struggled from cable’s decline, Covid, and the rise of streaming. Now the stock is relatively cheap, and Splash Mountain has taken over the income statement and the company.
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Disney Names Josh D'Amaro Its New CEO, Dana Walden Named President and Chief Creative Officer
D'Amaro succeeds Bob Iger, who is once again stepping aside from the entertainment giant.
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The No. 1 reaction inside Disney on Tuesday? Relief. As the white smoke hung over Burbank and the Disney conclave finally named its new corporate pope - with the added twist of a new creative pontiff - there's a sense that a cloud of uncertainty has finally lifted.