Disney embarks on new chapter as Josh D'Amaro takes over as CEO
CNBC
Bob Iger is stepping aside as Josh D'Amaro, who previously served as chairman of Disney's experiences division, takes over as CEO.
Disney is turning the page on a new chapter as Josh D'Amaro steps in as CEO of the media and theme park powerhouse.
D'Amaro most recently served as chairman of Disney Experiences, which includes the company's theme parks, cruise line, resorts and consumer products. He will officially succeed Bob Iger as chief executive during the company's annual shareholder meeting Wednesday.
"As I step into the CEO role today, I am humbled and honored to help write the next chapter of this company alongside this team," D'Amaro said in a memo to employees on Wednesday. "This transition comes at a moment when the world is changing faster than ever. While that can feel daunting at times, it is also exciting."
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