Disney announces Josh D’Amaro to succeed Bob Iger as CEO

Josh D’Amaro will be The Walt Disney Co.'s next chief executive, effective March 18. Disney also announced Dana Walden, co-chairman of Disney Entertainment, as president and chief creative officer of The Walt Disney Co. Bob Iger will continue to serve as senior adviser and a member of the Disney board until he retires at the end of this year.

The Walt Disney Co. said Josh D’Amaro will be its next chief executive, succeeding Bob Iger, who led the company for most of the past two decades. D’Amaro, the chairman of Disney Experiences, the company’s parks and resorts division, will take the reins from Iger on March 18.

Disney’s board of directors unanimously voted for D’Amaro on Monday, the company said in a news release.

“Josh D’Amaro is an exceptional leader and the right person to become our next CEO,” Iger said in a statement. “He has an instinctive appreciation of the Disney brand, and a deep understanding of what resonates with our audiences, paired with the rigor and attention to detail required to deliver some of our most ambitious projects. His ability to combine creativity with operational excellence is exemplary and I am thrilled for Josh and the company.”

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