AssetID: 55438766
Headline: UNCAPTIONED: Disney Appoints Josh D'Amaro as New Chief Executive
Caption: Disney Appoints Josh D'Amaro as New Chief Executive. Walt Disney named Josh D'Amaro as its new chief executive, with the veteran executive set to take over from Bob Iger on March 18. D’Amaro, a 28-year Disney veteran, has led the company’s amusement park division, the most profitable segment in recent years, as Disney navigates the streaming landscape. The appointment resolves Disney's succession puzzle, ending Bob Iger’s second stint as CEO after he returned in 2022 following the ousting of his previous successor. Iger expressed pride in stepping down, praising Disney’s future as "never brighter," as the company shifts focus to parks, streaming, and sports. D’Amaro has overseen Disney Experiences, which includes 12 theme parks and 54 resorts worldwide, generating $36 billion in revenue last year. The new CEO’s leadership also includes overseeing successful projects like World of Frozen and Star Wars: Galaxy's Edge, along with Disney's digital ventures. The move marks a new chapter for Disney, as D'Amaro steps into a role that will shape the company's future in both its physical and digital entertainment ventures. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Josh D'Amaro,Bob Iger,Disney CEO,Disney succession,theme parks,Disney Experiences,Walt Disney,Star Wars: Galaxy’s Edge,financial expertise
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