All articles tagged with #bob iger
Disney is reportedly cutting up to 1,000 positions—primarily in marketing—as Josh D’Amaro takes the CEO reins, a move following Bob Iger’s return; the layoffs come from a workforce of about 231,000 and reflect broader industry cost-cutting.
Disney plans to cut up to 1,000 jobs in the coming months as the first layoffs under new CEO Josh D’Amaro, largely tied to consolidating marketing across film, TV and streaming. The company’s global headcount is about 230,000, many of whom are part‑time theme park workers. The move follows extensive reductions (roughly 8,000 roles) under Bob Iger between 2023 and 2025, and comes as Disney continues cost‑cutting and restructuring; Disney declined to comment on the report.
Disney completed a notably smooth CEO transition: Bob Iger stepped down after two tenures and over 50 years with the company, Josh D’Amaro was named the eighth CEO, and most top executives stayed in place, with an open, outsider-led search led by James Gorman guiding the process.
New Disney CEO Josh D’Amaro addresses the high ticket prices at Disney Parks in today’s daily recap, noting discussions around Disability Access Service with no promises to change, and marking the leadership transition after Bob Iger’s resignation.
Disney is transitioning to a new leadership era as Josh D’Amaro succeeds Bob Iger, capping Iger’s two-decade tenure with marquee deals (Pixar, Marvel, Lucasfilm, Fox) and global expansion; Iger’s farewell remarks at the shareholder meeting set the stage for D’Amaro and Walden to steer a refreshed strategy—strong creative, profitable streaming, ESPN’s digital future, and enhanced experiences—while Iger pursues an advisory/investor role rather than an operator position.
Disney’s handoff from Bob Iger to Josh D’Amaro unfolds as a remarkably drama-free, transparent transition, with key executives like Dana Walden staying in place and a stable new org chart signaling a steady path forward for the company.
Bob Iger steps down as Disney’s CEO after nearly two decades, handing the reins to Josh D’Amaro who pledges to keep Disney+ central to growth and pursue a unified, 'One Disney' strategy across media, sports, parks, and streaming; Iger will remain as a senior adviser through 2026.
Bob Iger officially hands the Disney CEO baton to Josh D’Amaro, ending his return tenure; he will remain a special adviser through the end of 2026 while the successor leads, and Iger maps his post-Disney plans—sailing his yacht Aquarius and owning Angel City FC—amid ongoing speculation about his future advisory or investment roles in tech and entertainment.
Bob Iger steps down as Disney's CEO, with Josh D’Amaro taking over after a February 2 board vote and a March 18 handoff. Iger will stay on as Senior Advisor until December 31, 2026. D’Amaro, formerly head of Disney Experiences, is tasked with uniting creativity and technology across Disney’s brands, and the company announces additional leadership changes, including Dana Walden becoming President & Chief Creative Officer.
Bob Iger’s two-term leadership at Disney is depicted as deeply transformative: he orchestrated major acquisitions (Pixar, Marvel, Lucasfilm, Fox) and steered the shift to streaming, delivering long-term value while facing critiques over succession decisions and missteps like Maker Studios and the Fox deal. His 2022 return stabilized Disney, improved profitability, and left the company well‑positioned for Josh D’Amaro’s tenure, with Iger pursuing non‑Disney interests and board roles rather than full retirement.
Outgoing Disney CEO Bob Iger and incoming CEO-to-be Josh D’Amaro were photographed at Disneyland as Iger announced D’Amaro’s forthcoming appointment; D’Amaro will become CEO at the March 18, 2026 annual meeting, with a director appointment following, while Dana Walden was named President & Chief Creative Officer. D’Amaro has led Disney Experiences and overseen the company’s parks, resorts, and cruise operations among other units during a long tenure.
Disney’s incoming CEO Josh D’Amaro, joined by Dana Walden and outgoing chief Bob Iger, addressed a company town hall in Burbank, praising the transition process and sharing optimism for the company’s future. D’Amaro lauded the support from Iger and Walden, recalled a notable moment with Walden at Disney World, and noted his intent to honor Disney’s legacy while pushing for growth across streaming, films, ESPN direct‑to‑consumer, and global experiences. Iger praised the leadership bench and D’Amaro’s energy and creativity. Walden was promoted to President and Chief Creative Officer, with Iger staying on as strategic advisor until 2026, and D’Amaro set to take the reins on March 18, marking Disney’s third CEO transition in six years.
Disney's board unanimously named Josh D'Amaro, the parks chief, as CEO, with Dana Walden promoted to president and chief creative officer to oversee creative strategy; Bob Iger will remain an advisor through 2026. The move pairs D'Amaro's operations-focused background with Walden's Hollywood clout, ending a drawn-out succession process and aiming to balance brand stewardship with content leadership as Disney navigates streaming, film, and theme parks. D'Amaro's initial compensation is about $38 million and Walden's about $24 million.
Activist investor Nelson Peltz claims Bob Iger manipulated Disney’s CEO succession to keep influence, saying Iger backed Josh D’Amaro over Dana Walden so he would have a reason to stay on after retirement; D'Amaro will become CEO on March 18 with Iger as a senior adviser while Walden was elevated to president and chief creative officer.
Disney appoints Josh D’Amaro as CEO, with Bob Iger transitioning out, and D’Amaro outlines a future focused on bold risk-taking, continued legacy, and AI-enabled creativity. He cites rapid expansion in Abu Dhabi, a Middle East growth opportunity within reach of a large population, and a commitment to protect actors while embracing AI. Dana Walden is elevated to president and chief creative officer as the company pivots toward this next era.