Disney signals its next CEO will take over a company with strong momentum

by | Feb 2, 2026 | Business

In this articleDISFollow your favorite stocksCREATE FREE ACCOUNTWalt Disney Company CEO Bob Iger looks on prior to the game between the Philadelphia Eagles and the Green Bay Packers at Lambeau Field on November 10, 2025 in Green Bay, Wisconsin. Michael Reaves | Getty Images Sport | Getty ImagesDisney is ready for its next CEO. On Monday, the company’s leadership outlined its recent successes during its quarterly earnings report. CEO Bob Iger made the case that when his soon-to-be-named successor picks up the baton, Disney will be primed to seize the momentum. “I’m incredibly proud of all that we’ve accomplished over the past three years to set Disney on the path to continued growth. I’m inspired and energized by the opportunities ahead for this wonderful company,” Iger told investors on Monday. Iger reclaimed the CEO role in late 2022 after a failed succession plan involving former parks boss Bob Chapek. Disney picked Chapek to succeed Iger in 2020 only to fire him 2½ years later and undo many of the changes he’d implemented. Now, Disney is counting on a smoother handover the second time around, cushioned by a path to growth. The Disney board is meeting this week and is expected to vote on its next CEO, according to people familiar with the matter who spoke on the condition of anonymity about internal matters. The company previously said it would announce a replacement for Iger in the first quarter of this year. “I think what is noteworthy is that when I came back three years ago, I had a tremendous amount that needed fixing,” Iger said on Monday’s call. “But anyone who runs a company also knows that it can’t just be about fixing. It has to be preparing a company for its future … but taking steps to create opportunities for growth.”On Monday, Disney topped Wall Street expectations for both revenue and earnings for its fiscal first quarter. The company’s experiences division, which includes theme parks, resorts and cruises, notched more than $10 billion in quarterly revenue for the first time. Chairman of Disney Experiences Josh D’Amaro is among the front-runners to be named as the next CEO. Industry insiders and Disney sources expect D’Amaro to be appointed Iger’s successor, though the decision ultimately lies with the Disney board and won’t be final until directors vote.”The board has not yet selected the next CEO of The Walt Disney Company and once that decision is made, we will announce it,” a Disney spokesperson said in a statement, declining to comment on the timing of the next board meeting. Iger said Monday he was “very, very bullish” on the parks business and its ability to grow. Disney is now planning to develop a theme park and resort in Abu Dhabi, United Arab Emirates, has been launching more cruise ships, and is in the midst of a previously announced investment of $60 billion into its theme parks over the next decade. Meanwhile, Disney’s entertainment segment — the unit that houses its TV networks, streaming and theatrical releases, and arguably needed the biggest turnaround in recent years — saw revenue rise 7% in the period. Disney sto …

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