Josh D’Amaro Appointed as Disney’s New CEO
Josh D’Amaro has been appointed as the new CEO of The Walt Disney Company. The announcement was made on October 3, 2023. A seasoned executive, D’Amaro previously served as Chairman of the Disney Experiences segment. In his new role, he aims to build on Disney’s legacy of creativity and innovation.
Background on Josh D’Amaro
D’Amaro, 54, began his career with Disney in 1998 at Disneyland Resort. His extensive experience with the company includes leadership positions in finance, marketing, and operations. Before becoming Chairman of Disney Experiences in 2020, he held the role of President at Walt Disney World Resort.
Responsibilities as CEO
As CEO, D’Amaro will oversee Disney’s vast array of entertainment ventures. This includes:
- 12 theme parks worldwide
- 57 resort hotels
- Disney Cruise Line
- Adventures by Disney
D’Amaro is also involved in major projects such as the new theme park slated for Abu Dhabi and significant expansions at existing parks, including the upcoming Monsters, Inc.-themed land at Disney Hollywood Studios.
Succession Planning at Disney
The decision to appoint D’Amaro followed a rigorous succession planning process initiated by Disney’s Board of Directors in January 2023. A special Succession Planning Committee was formed to ensure a seamless leadership transition in line with Disney’s strategic goals.
Transitioning Leadership
Former CEO Bob Iger expressed confidence in D’Amaro’s leadership. He highlighted the importance of continuing Disney’s commitment to innovation and creativity. Iger led Disney through significant changes and claimed that the company’s future has never looked brighter.
D’Amaro’s appointment marks a critical point in Disney’s evolution. Supported by an experienced executive team, he aims to strengthen the company’s position as a leader in the entertainment industry. With plans for new immersive experiences, D’Amaro is set to guide Disney into its next chapter.
