Summary
Josh D'Amaro, the new CEO of Disney, plans to continue focusing on innovation and technology, including artificial intelligence, as he takes over from Bob Iger. D'Amaro will also emphasize Disney's in-person experiences, such as theme parks and cruises, with significant investments in these areas.
Key Facts
- Josh D'Amaro is set to become the CEO of Disney, taking over from Bob Iger next month.
- D'Amaro has plans to integrate artificial intelligence to enhance creativity at Disney.
- Disney has committed to a $1 billion investment in OpenAI, a company focusing on AI technology.
- The company is also focusing on expanding its in-person experiences with a $60 billion investment over the next ten years.
- A new Disney theme park is planned in Abu Dhabi, located on Yas Island.
- D'Amaro has worked at Disney since 1998 and has extensive experience managing Disney's theme parks and consumer products.
- He will officially take on the CEO role on March 18, while Iger will transition to an advisory position.