Josh D’Amaro, who chairs Disney’s massively profitable parks division, will succeed Bob Iger as The Walt Disney Company’s subsequent chief government.
Disney TV boss Dana Walden, who was thought to be the opposite main contender for the CEO position, will grow to be the corporate’s president and chief inventive officer.
Disney introduced the succession plan Tuesday morning, ending years of hypothesis about who would take the place of Iger, 74, atop one of many world’s largest leisure firms.
D’Amaro’s appointment makes him the second parks chief to ascend to the highest job after Bob Chapek, whose temporary tenure as CEO interrupted Iger’s two stretches on the helm.
“Josh D’Amaro is an exceptional leader and the right person to become our next CEO,” Iger stated in an announcement. “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,” Iger added.
This is a growing story and will probably be up to date.