Disney announces Josh D’Amaro will be its new CEO after Iger departs

Stop me if you've heard this one before. Disney has announced a successor to outgoing CEO Bob Iger, effective in March. Josh D'Amaro, current chairman of Disney Experiences, was tapped for the role in a unanimous vote by the company's board of directors.

D'Amaro has been at Disney for 28 years, where he oversaw theme parks, cruises and consumer products including video games. The company had previously appointed Bob Chapek, the Disney Parks chairman at the time, as successor to Bob Iger in 2020. At the time, Iger had served as CEO since 2005. But Chapek only lasted until 2022, when Bob Iger returned to take the helm once again amid company struggles. Disney formed a committee to find an appropriate successor in 2023, with Iger mentoring potential candidates along the way.

Iger's time at the helm saw the media giant make a number of significant moves such as launching the Disney+ streaming service, buying Hulu and acquiring 20th Century Fox's film and television studios. Iger will continue to serve as a board member and senior advisor until his retirement at the end of the year.

This article originally appeared on Engadget at https://www.engadget.com/entertainment/disney-announces-josh-damaro-will-be-its-new-ceo-after-iger-departs-161616420.html?src=rss