Disney Names New CEO Josh D'Amaro as Iger Steps Down Dec. 31, 2026

[Para 1: The Lead] Disney Co. announces Josh D'Amaro as the new CEO, effective December 31, 2026, succeeding Bob Iger. D'Amaro, a 28-year Disney veteran, takes over the leadership of the entertainment giant following a series of leadership transitions and financial challenges. [Para 2-3: Supporting details & Context] D'Amaro, 54, was selected from internal candidates and is expected to steer the company through its ongoing challenges, including the expansion of its theme parks and cruise line business. His appointment comes after a period of uncertainty following the abrupt departure of Bob Chapek and the delay of Iger's retirement. D'Amaro's promotion is a strategic move to maintain the company's focus on quality content and financial stability. The stock market is anticipated to react positively to the leadership change, with D'Amaro's track record in theme parks and consumer products expected to bolster investor confidence.