Disney Board Meticulously Handoffs CEO Role to Josh D'Amaro, Ending Era of Bob Iger

[Para 1: The Lead] Disney's board has successfully transitioned leadership, appointing parks chief Josh D'Amaro as CEO, effective March 18, 2026. This marks the culmination of a two-year planning process, ensuring a smooth handoff from outgoing CEO Bob Iger, 74, to D'Amaro, 54. The decision was made after extensive internal and external evaluations, emphasizing a deliberate and transparent process. [Para 2-3: Supporting details & Context] Following a series of leadership challenges, including the abrupt departure of Bob Chapek in November 2022, Disney's board, led by new Chairman James Gorman, embarked on a rigorous search. The process involved a committee of industry leaders, including Mary Barra and Sir Jeremy Darroch, to evaluate over 100 potential candidates. D'Amaro, who has been with Disney for 28 years, was chosen for his deep understanding of the company's unique culture and his role as parks and experiences division president. The board also elevated Dana Walden to the role of president and chief creative officer, recognizing her strong leadership and creative skills. This strategic move ensures continuity and creativity across Disney's operations.