"Josh D'Amaro, a 28-year Disney veteran who's run the company's experiences division since 2020, will take over for Iger, who's retiring for the second time, on March 18. Disney announced the CEO succession plan on Tuesday in an SEC filing. Iger will remain on Disney's board as a senior advisor, the company said in its filing. D'Amaro beat out Dana Walden, who oversees Disney's entertainment and TV portfolio, for the top job."
"It may be tempting to draw parallels between D'Amaro and Iger's first successor: Bob Chapek, who'd also run Disney's experiences business before becoming CEO in early 2020. Iger appeared to regret his choice of Chapek and seemingly undermined the man he called "Little Bob," CNBC reported. Chapek's brief stint as Disney CEO was widely viewed as a bumpy, tumultuous tenure. Disney's CEO succession process was much more thorough this time. It was led by James Gorman, a former Morgan Stanley CEO,"
Josh D'Amaro, a 28-year Disney veteran who has led the experiences division since 2020, will become CEO on March 18 as Bob Iger retires for a second time. Iger will remain on the board as a senior advisor. D'Amaro was chosen over Dana Walden, who will become president and chief creative officer. D'Amaro previously ran the parks business and delivered record revenue and earnings driven largely by nearly annual price hikes that increased revenue per guest. The succession process was led by James Gorman and aimed to be more thorough after Bob Chapek's turbulent tenure.
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