Disney embarks on new chapter as Josh D'Amaro takes over as CEO
DisneyDisney(US:DIS) CNBC·2026-03-18 11:16

Core Insights - Disney is entering a new chapter with Josh D'Amaro taking over as CEO, succeeding Bob Iger during the company's annual shareholder meeting [2][3] - The company has faced uncertainty, including a succession race and reorganization, resulting in a mixed reception from Wall Street, with stock down over 10% year to date [3] - D'Amaro's immediate focus will be on sustaining growth in Disney's core areas, particularly theme parks and streaming, which have shown recent profitability [4] Company Developments - D'Amaro previously served as chairman of Disney Experiences, overseeing theme parks, cruise lines, resorts, and consumer products [2] - Recent quarterly earnings were positively impacted by the theme parks and streaming segments, which are critical for investor and consumer interest [4] - Disney is investing significantly in its theme parks, including a new Abu Dhabi theme park and resort [4] Industry Performance - Disney has regained box office leadership with successful films such as "Lilo & Stitch," "Zootopia," and "Avatar" in 2025 [5]

Disney embarks on new chapter as Josh D'Amaro takes over as CEO - Reportify