Disney Names Parks Chief Josh D'amaro As Its Next Ceo

The Magic Kingdom has a caller monarch.

The Walt Disney Co. announced Tuesday that taxable parks main Josh D’Amaro will win Bob Iger, nan company’s longtime main executive. The move efficaciously closes nan curtains connected 1 of nan astir intimately watched succession sagas successful firm America.

D’Amaro is group to return power of a sprawling intermezo empire that includes nan Pixar and Marvel studios, nan “Star Wars” franchise, nan ABC broadcast network, nan streaming platforms Disney+ and Hulu, a storied room of classical movies and taxable parks astir nan world.

The announcement comes during a turbulent clip for nan intermezo business and a transitional infinitesimal for Hollywood. Disney and different bequest studios are grappling pinch nan diminution of broadcast tv viewership, nan emergence of generative artificial intelligence, labour national unrest and scrutiny from Trump management regulators.

​D’Amaro is nan president of a firm portion known arsenic Disney Experiences, a domiciled that gives him wide oversight complete nan company’s cruise ships, resorts, attractions and user technologies. He oversees a twelve taxable parks and astir 60 edifice hotels crossed nan U.S., Europe and Asia, arsenic good arsenic a planned taxable parkland successful Abu Dhabi, United Arab Emirates.

Disney’s parks business has excelled nether ​D’Amaro’s leadership. In its astir caller net report, released Monday, nan home parks portion saw grounds quarterly gross successful nan 3 months ending Dec. 27, while attendance and impermanent spending besides grew twelvemonth complete year.

Outside of parks and cruises, D’Amaro besides leads Disney’s user products unit, which handles its lucrative licensing business for children’s toys, apparel and location products, according to his online firm profile.