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Credit: Inside the MagicDisney CEO Bob Iger is stepping down in a sort of way soon, meaning the heir to the House of Mouse throne is up for grabs, and it appears the person has been chosen.
Disney CEO Replacement Becoming Neck and Neck
The Walt Disney Company is standing on the edge of one of the most important transitions in its 100-year history. Whispers in Burbank boardrooms and chatter among Disney insiders all point toward a single question: Who will replace Bob Iger?
Fans and investors alike have watched Iger’s leadership define a generation of Disney storytelling—from the Marvel Cinematic Universe to the launch of Disney+. But now, the next chapter appears closer than ever. And the name on everyone’s lips? Josh D’Amaro.
Before you jump to conclusions, though, remember—this isn’t just another leadership rumor. What’s happening behind the scenes could reshape Disney’s identity, its theme parks, and even the way guests experience magic for decades to come.
The Tightening Race: Inside Disney’s Succession Search
According to a new report from Bloomberg, Disney Experiences Chairman Josh D’Amaro continues to lead the race to become Disney’s next CEO. Earlier this year, D’Amaro was already labeled the frontrunner out of a shortlist of four executives, including Dana Walden (Co-Chairman of Disney Entertainment), Alan Bergman (Co-Chairman of Disney Entertainment), and Jimmy Pitaro (Chairman of ESPN and Sports Content).
Since then, the field has narrowed dramatically. Pitaro reportedly withdrew his interest, and Bloomberg now describes the competition as “a two-horse race” between D’Amaro and Walden, with Bergman considered a long shot.
“Through nine months of fiscal 2025, profit in the [Disney Experiences] division rose to $8.12 billion—a third more than Disney’s TV, film, streaming, and sports operations combined,” Bloomberg reports.
That alone puts D’Amaro in a powerful position. His division—responsible for Disney’s parks, resorts, and consumer products—has become the company’s financial lifeline.
How D’Amaro Earned His Magic
Unlike some of his corporate peers, D’Amaro’s rise comes from decades of hands-on Disney experience. From working the front lines of Disneyland to leading Walt Disney World and, later, the global Disney Experiences division, he’s been described as both a “cast member’s leader” and a “fan’s executive.”
His leadership has overseen major expansions, including Disney’s upcoming theme park in Abu Dhabi and a $1.5 billion investment in Epic Games, signaling Disney’s renewed focus on interactive storytelling.
Meanwhile, Dana Walden—his closest competitor—brings deep experience in entertainment and streaming. She played a major role in making Disney+ profitable, but recent controversies surrounding her involvement in talent disputes have sparked shareholder concern.
Why Fans Are Paying Attention
If D’Amaro becomes CEO, it won’t just change boardroom dynamics—it will change Disney culture itself. He represents the park experience, not the Wall Street playbook. His leadership could mean more innovation in physical storytelling, greater investment in guest experiences, and deeper synergy between Disney’s theme parks, movies, and gaming.
Former executives told Bloomberg that D’Amaro’s recent internal presentation about Disney’s future was “especially inspiring.” That same word—inspiring—is what many fans associate with Disney magic itself.
For everyday guests, his promotion could signify more immersive parks, a stronger focus on creativity, and a return to the “magic-first” mentality many felt was lost during Disney’s streaming-era focus.
What Happens Next
Disney’s succession process is being led by Morgan Stanley Chairman James P. Gorman, now the Chairman of Disney’s Board. The company aims to announce its new CEO in early 2026, allowing for a smooth transition before Iger’s contract ends that December.
Whether D’Amaro ultimately earns the keys to the kingdom or not, one thing is certain: his influence has already reshaped Disney’s most beloved division—and could soon shape the company’s entire future.