Disney Names Josh D’Amaro as CEO, Ticker: DIS
[Para 1: The Lead] Disney has appointed Josh D’Amaro, currently its parks chief, as the new CEO, set to succeed Bob Iger. This transition marks a new chapter for the entertainment giant, effective immediately. D’Amaro, previously Disney Experiences Chairman, has been pivotal in managing the company’s theme parks, cruises, and resorts. [Para 2-3: Supporting details & Context] D’Amaro’s promotion follows a challenging period under Bob Chapek, who was seen as less effective in maintaining the creative and imaginative elements central to Disney’s success. Iger, known for his strategic acquisitions and focus on technology, is returning to the helm. His return is timely, as the company seeks to regain its market leadership. D’Amaro’s appointment is scheduled for March 1, 2026, solidifying Disney’s leadership in the global entertainment industry.