Effective March 18, 2026, Josh D'Amaro will become the next CEO of Disney, succeeding Robert Iger. The Disney board unanimously selected D'Amaro, currently chairman of Disney Experiences. Dana Walden has been appointed President and Chief Creative Officer, a newly created role. This announcement follows a succession planning process initiated in January 2023.

D'Amaro, a 28-year Disney veteran, currently oversees the company's largest business segment, generating $36 billion in annual revenue in fiscal year 2025. He's led Disney Experiences since 2020, managing theme parks, resorts, and cruise lines. Iger will transition to Senior Advisor and Board member until the end of 2026. This leadership change comes after Iger restructured the company since his return in 2022.

The outgoing CEO, Iger, is credited with recent efforts to strengthen Disney's film studios, improve streaming profitability, and grow Disney Experiences. The market responded negatively, with the stock down 7.4% on the news. Investors will be watching how D'Amaro navigates the evolving media landscape.

With Iger's departure, the focus shifts to D'Amaro's vision for the company. His experience in the lucrative Disney Experiences division suggests a continued emphasis on theme parks and related ventures. The senior management team, including Alan Bergman and James Pitaro, will continue in their current roles, providing stability during the transition.