Disney has named Josh D'Amaro as it's new CEO, as Robert ‘Bob’ Iger steps down to retire after nearly 20 years in the role.
D'Amaro currently serves as Disney Experiences Chairman, overseeing theme parks, resort hotels and cruise ships, and has worked for the company for 28 years.
He will step into his new role at the helm of the mega successful, multibillion dollar company, with 185,000 employees worldwide, from March 18.
Disney also announced that Dana Walden would be stepping into the role of company president and Chief Creative Officer.
“He has an instinctive appreciation of the Disney brand, and a deep understanding of what resonates with our audiences, paired with the rigor and attention to detail required to deliver some of our most ambitious projects," said Iger of his successor
"His ability to combine creativity with operational excellence is exemplary and I am thrilled for Josh and the company.”
Iger will still stay on with the company until the end of the year, serving as a member of the board and a senior advisor in the transition process.
