The Walt Disney Company named Josh D’Amaro its next CEO, effective March 18, 2026, the company said (the company said). He will succeed Bob Iger and currently runs Disney’s theme parks and resort hotels.
“Josh D’Amaro possesses that rare combination of inspiring leadership and innovation, a keen eye for strategic growth opportunities, and a deep passion for the Disney brand and its people – all of which make him the right person to take the helm as Disney’s next CEO,” said James Gorman.
D’Amaro, 54, joined Disney in 1998 and has held finance, strategy, marketing, creative, and operations roles. He led as president of Walt Disney World Resort and became chairman of Disney Experiences in 2020.
Shares of Disney fell about 2% on Tuesday and traded near $103 at midday. Analysts place price targets at $130 from Seaport Global and $142 from Evercore ISI (Ed. note: Targets suggest significant upside).
The stock is down nearly 10% so far in 2026 and about 10% over the past year. Over five years, shares have fallen more than 40% and trade below both the 21-day and 50-day averages.
