Disney Appoints Josh D'Amaro as CEO, Steering Post-Iger Era

[Para 1: The Lead] Disney has appointed Josh D'Amaro, current head of parks, as CEO, effective March 18, 2026. D'Amaro, 54, takes over from Bob Iger, marking a new chapter for the company following years of leadership uncertainty. D'Amaro's appointment aims to stabilize Disney amidst industry disruptions, including AI advancements and consolidation trends. [Para 2-3: Supporting details & Context] D'Amaro, a 28-year Disney veteran, has been instrumental in the company's theme parks and cruises division, which contributed significantly to Disney's earnings, generating nearly $10 billion in operating profit last fiscal year. His promotion is part of Disney's strategic move to bolster its leadership during a period of significant industry challenges. D'Amaro will face the task of navigating post-pandemic recovery, AI's impact on content creation, and intensifying competition from streaming services like Netflix and Paramount. With D'Amaro at the helm, Disney aims to maintain its position as a leader in entertainment and experiences.