Summary
Disney has chosen Josh D'Amaro, who currently oversees its parks and experiences, to become the new CEO. He succeeds Bob Iger, who returned in 2022 after his previous successor faced challenges. The decision comes during a time of both box-office success and challenges like a decline in foreign visitors to U.S. theme parks.
Key Facts
- Josh D'Amaro will take over as Disney's CEO, replacing Bob Iger.
- D'Amaro is currently in charge of Disney's theme parks, cruises, and resorts.
- He has been with Disney since 1998 and led a major $60 billion investment in the company's physical attractions.
- Bob Iger returned in 2022 after his previous replacement, Bob Chapek, faced difficulties.
- Disney has been successful recently with movies like "Zootopia 2" and "Avatar: Fire and Ash."
- The company faces challenges such as fewer international tourists to its U.S. parks.
- President Trump’s immigration policies have contributed to the decline in foreign visitors.
- Dana Walden, another top Disney executive, will take on a new role as chief creative officer.
