BREAKING: Disney has just announced that Josh D’Amaro, currently the head of Disney’s Experiences division, will become the company’s new CEO effective March 18, 2024. This crucial leadership change comes as Bob Iger transitions to a senior advisory role on Disney’s executive board, marking a significant shift for the entertainment giant.
In a statement released just hours ago, Iger praised D’Amaro, calling him “an exceptional leader” with a keen understanding of the Disney brand and audience. D’Amaro has been with Disney since 1998, having led various divisions before taking the helm of experiences, which includes theme parks, consumer products, and digital ventures.
This leadership transition is particularly urgent as Disney faces mounting challenges and opportunities. Under Iger’s brief return, the company sought to stabilize following the tumultuous tenure of Bob Chapek. While Iger aimed to revitalize Disney’s theatrical output, he also faced criticism for navigating political pressures, particularly surrounding the controversial “Don’t Say Gay” bill in Florida.
D’Amaro’s appointment comes at a pivotal moment. The company is gearing up for major film releases in 2026, including highly anticipated titles from Marvel Studios and Lucasfilm. These include the ambitious film Avengers: Doomsday and a new Star Wars feature, which are both critical to Disney’s box office strategy after a challenging period.
Additionally, D’Amaro will play a key role in overseeing Disney’s innovative partnership with OpenAI, aimed at integrating AI technology into Disney’s streaming platform, Disney+. This development signals Disney’s commitment to staying at the forefront of digital media technology.
As Iger moves into a senior advisory position until his retirement on December 31, 2024, the industry is watching closely to see how D’Amaro’s leadership will unfold. His track record suggests he may be well-equipped to navigate the complex landscape facing Disney.
For now, Disney fans and shareholders alike are eager to see if D’Amaro can deliver on the high expectations set by Iger’s legacy. The House of Mouse is hoping that this time, the transition will lead to renewed success and stability.
Stay tuned for further updates as this story develops.
