Fresh off the news that Bob Iger will step down as the CEO of Disney is the reveal of who will take his place. Variety reports that Josh D’Amaro will lead the Walt Disney Company as its CEO. He’s currently the head of theme parks and consumer products, but he will step into his next role at Disney’s annual meeting on March 18. At that point, Bob Iger will move into a senior adviser and Disney board member until he retires on the very last day of 2026.
“Josh D’Amaro is an exceptional leader and the right person to become our next CEO,” said Iger about his CEO replacement. “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. His ability to combine creativity with operational excellence is exemplary and I am thrilled for Josh and the company.”
And, in case you’re wondering how much this guy is gonna make, he will indeed rake in some serious dough. D’Amaro’s yearly base salary is $2.5 million and he will be able to earn a performance bonus that can be up to 250% of his salary. And, each fiscal year that D’Amaro hangs around as CEO, he will get a long-term stock incentive of $26.2 million. That’s a lot of monies, so congrats to you, sir.