Disney’s New CEO Josh D’Amaro, Bob Iger, Dana Walden Lead Town Hall
Disney is undergoing significant changes in its leadership as Josh D’Amaro prepares to assume the role of CEO. The announcement was made during a company town hall featuring outgoing CEO Bob Iger and Dana Walden, the newly appointed President and Chief Creative Officer of Disney Entertainment.
Key Events at the Town Hall
The town hall took place at Disney’s theater in Burbank, California, and was also streamed via Zoom to employees worldwide. Attendees described the atmosphere as uplifting, with D’Amaro displaying a charming demeanor. His rapport with Walden, who joined the event later, was noted as warm and engaging.
CEO Selection Process
D’Amaro humorously addressed the complexities of succession, referencing the HBO series “Succession.” He shared that he was both excited and humbled when invited to step into the CEO position.
Reflecting on Responsibilities
“It’s surreal,” D’Amaro stated, expressing his commitment to uphold the legacy of Disney. He believes that his extensive experience over the past 30 years has equipped him well for this new responsibility.
Walden’s Praise for D’Amaro
Walden recounted a moment during a corporate retreat when D’Amaro acted decisively to help a distressed child caught in a rainstorm, showcasing his strong leadership and empathy. “He cares deeply about every person who walks into our parks,” she remarked.
Bob Iger’s Legacy and Transition
In his closing remarks, Iger reflected on his time at Disney and expressed confidence in the company’s future under D’Amaro’s leadership. Notably, he praised D’Amaro’s understanding of the company’s global significance. Iger will step down in March but will remain as a strategic advisor until the end of 2026.
CEO Transition Overview
This change marks Disney’s third CEO transition in six years, following Iger’s return after Bob Chapek’s brief tenure. D’Amaro will officially take on the role of CEO on March 18, after the annual stockholders’ meeting. Walden’s elevation to a significant creative position highlights the company’s renewed focus on strong leadership.
Future Directions for Disney
D’Amaro emphasized optimism for Disney’s future, citing profitable streaming services and high performance in theatrical releases. “There is huge opportunity for growth in every corner of the world,” he said.
- Josh D’Amaro announced as new CEO of Disney.
- Transition planned for March 18 post-stockholder meeting.
- Dana Walden promoted to President and Chief Creative Officer.
- Bob Iger to continue as strategic advisor until late 2026.
- Positive atmosphere at the town hall indicated strong executive rapport.
This leadership restructure at Disney signifies a promising direction for future endeavors, continuing a legacy built on creativity and innovation.
