Bob Iger Officially Exits as Disney CEO as Josh D’Amaro Takes Helm

The era of Bob Iger as the CEO of Disney has officially ended, as he passed the torch to incoming CEO Josh D’Amaro at the company’s 2026 shareholders meeting. This transition marked the culmination of a years-long succession drama within the media giant.

During the virtual meeting, D’Amaro emphasized his commitment to upholding the principles that Iger instilled during his tenure. He highlighted Disney+ as a pivotal tool for connecting with fans worldwide, envisioning it as a digital centerpiece that integrates various aspects of the company’s offerings.

In his address to investors, D’Amaro announced plans to unify Disney+ and Hulu into a seamless experience later in the year, aiming to enhance value for subscribers and drive business growth. He also mentioned ESPN’s role in the company’s streaming strategy, noting the success of ESPN Unlimited as a stand-alone platform.

Reflecting on his time as CEO, Iger delivered a heartfelt farewell message, expressing gratitude for the privilege of leading Disney. He acknowledged the significant transformations and challenges the company faced during his tenure, attributing its success to the collective talent within the organization.

Iger’s return to the CEO role in 2022 came at a time when confidence in the company was waning. However, he expressed optimism about Disney’s future under D’Amaro’s leadership, citing the executive team’s capabilities and the strategic direction set forth by Dana Walden, the newly appointed chief creative officer.

In his remarks, D’Amaro praised Iger’s leadership and contributions to Disney, underscoring the company’s achievements in fortifying its business and driving long-term growth. He emphasized the importance of storytelling and creative excellence as guiding principles for Disney’s future endeavors.

Looking ahead, D’Amaro outlined Disney’s commitment to innovation and growth in a rapidly evolving industry landscape. He highlighted the company’s unique position in the market and emphasized the role of technology in delivering unforgettable experiences to audiences worldwide.

As the transition unfolds, Iger will continue to serve as a senior adviser to D’Amaro until the end of 2026. The shareholders meeting also included the reelection of Iger to Disney’s board for a one-year term, along with the approval of other key directors, including chairman James Gorman and newly added director Jeff Williams, former COO of Apple.

The seamless integration of leadership and vision between Iger and D’Amaro sets the stage for Disney’s continued success in the years to come. With a focus on creativity, innovation, and strategic partnerships, the company is poised to embark on a new chapter of growth and excellence in the entertainment industry.