Overview
- The Disney board voted unanimously to elevate the 28-year company veteran at the March 18 annual meeting.
- Dana Walden will become president and chief creative officer in a new role reporting to D’Amaro, effective the same day.
- Bob Iger will serve as senior advisor and remain on the board until retiring on December 31, 2026.
- D’Amaro has led Disney Experiences since 2020, a unit that generated $36 billion in fiscal 2025 and is steering a planned $60 billion expansion that includes a new Abu Dhabi development.
- Disney shares fell roughly 6–7% around the announcement despite an earnings beat, reflecting investor caution about longer-term media and streaming challenges.