Josh D’Amaro Named Disney CEO, Succeeding Bob Iger

• Josh D’Amaro, head of Disney's theme parks and cruise business, has been appointed as the new CEO of The Walt Disney Co.
• D’Amaro will be the ninth CEO in Disney’s 102-year history, taking over from Bob Iger.
• His appointment highlights the growing importance of Disney's profitable parks, cruises, and consumer products division.
• D’Amaro, 54, has a 28-year tenure at Disney, primarily within its parks operations, including leadership roles at Disneyland and Walt Disney World.
• Investors anticipate D’Amaro will outline a clear growth strategy as Disney plans a $60 billion investment in parks and cruises by 2033.

Why It Matters: Josh D’Amaro, Disney's parks boss, is the new CEO, signaling a focus on the company's profitable experiences division.