"Disney leader Bob Iger delivered his final historic announcement as head of the esteemed entertainment corporation with the promotion of Josh D'Amaro to CEO and Dana Walden to President and Chief Creative Officer. They are part of a media leadership succession dream team, groomed from within in a classic succession process of trial assignments, leading to proven competence and credibility."
"Disney's Iger era has been marked by numerous monumental achievements, namely transforming the company from a traditional media and entertainment institution into a dynamic and formidable force across entertainment, experiences, and sports, capable of contending with the most advanced digitally native competitors. He parachuted in with a messianic mission akin to those of Michael Dell of Dell Technologies; Steve Jobs of Apple, or Howard Schultz of Starbucks, each of whom returned to active duty service at the request of their boards."
"We have termed these heroic figures "generals" in a book entitled The Hero's Farewell (Oxford University Press). In fact, the Second World War was a triumph of such mothballed leaders returning to active duty, lions such as Charles de Gaulle, Winston Churchill, George Patton, Douglas MacArthur and Bernard Montgomery being pressed into service. In the corporate world, such "generals" had repeat transformational impact on their enterprises but their returns allowed things to stabilize and begin building again."
Bob Iger promoted Josh D'Amaro to CEO and Dana Walden to President and Chief Creative Officer, completing a media leadership succession team groomed through internal trial assignments. Iger transformed Disney from a traditional media and entertainment institution into a diversified, formidable force across entertainment, experiences, and sports able to contend with digitally native competitors. His return resembled other board-invited leaders who stabilized and rebuilt their organizations after repeat transformational impact. Historical and corporate 'generals' like wartime leaders and former CEOs provided precedent for returning leaders pressed into service. Iger mastered strategic technological, consumer, and global diplomatic shifts while resolving domestic political battles and industrywide writer and director contract challenges.
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