Disney announces Josh D'Amaro as next CEO
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A timeline of key developments in the succession drama that has enveloped Disney in recent years.
For the past several years, Josh D’Amaro has been running the engine of Disney’s business, its theme parks. Now he must grapple with a changing media universe.
In addition to her aforementioned guest role on Austin & Ally, Sabrina Carpenter starred in Disney's Girl Meets World as Maya Hart from 2014-2017. She began her music career pursuit with the release of her first album, Eyes Wide Open, in 2015.
Mr D’Amaro, who takes charge next month, will face two big challenges. One is Donald Trump, whose presidency appears to be repelling foreign tourists. Disney’s share price slid by 5% after it said on February 2nd that its parks faced unspecified “headwinds” in attracting international visitors.
If you only take advantage of the streaming credit for Disney+, Hulu and ESPN, you could almost entirely offset this card's $149 annual fee. You can also take advantage of a 0% intro APR for six months on select Disney vacation packages (then a variable APR of 18.24% to 27.74% applies).
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Inside Disney's succession: Board chair James Gorman on what went into finding the next CEO
"We could have had more than one CEO here," Gorman tells THR, adding that the board wanted "somebody who has the ability to grow."
Disney's decision to tap Josh D'Amaro signals that the company wanted to go with a familiar, friendly face to push ahead into the AI era.
Wall Street has greeted Disney's CEO succession news with a shrug, with analysts nodding in approval of Josh D'Amaro's promotion but not bursting into applause.