Disney Names Josh D'Amaro as New CEO, Stock Tickers: DIS

[Para 1: The Lead] Disney has appointed Josh D'Amaro, current head of theme parks, as the company's new CEO, effective March 18, 2026. This marks a significant leadership change at the entertainment giant, following Bob Iger's planned departure after two decades at the helm. D'Amaro, who has been pivotal in the parks and experiences division, will steer Disney through evolving market challenges. [Para 2-3: Supporting details & Context] D'Amaro, 55, has been with Disney for 27 years, beginning in finance and progressing through various roles, including leading Disneyland and Disney World. His promotion is welcomed by investors, who had been anticipating a smooth transition. D'Amaro's appointment comes amid Disney's efforts to navigate the streaming era and maintain its legacy in entertainment. The company is also focusing on expanding its theme parks and cruise lines, with a $60 billion expansion plan. D'Amaro's leadership is expected to be crucial as Disney seeks to balance innovation with preserving its iconic brands and franchises.