08 February 2026
Disney's Big Shake-Up: Josh D'Amaro Named CEO as Earnings Soar But Stock Tumbles
Disney - Brand Biography
About
Disney BioSnap a weekly updated Biography.
Disney just made waves with blockbuster leadership changes and stellar earnings that have Wall Street buzzing like a Pixar premiere. On February 2, The Walt Disney Company dropped its Q1 fiscal 2026 earnings report, revealing a 5 percent revenue jump to 26 billion dollars, fueled by record 10 billion in theme parks revenue from higher attendance, guest spending, and the hot Disney Destiny cruise launch, per the official Disney earnings release and LA Times coverage. CEO Bob Iger hailed billion-dollar box office smashes Zootopia 2 and Avatar Fire and Ash as franchise goldmines boosting Disney Plus views, parks traffic, and even Shanghai Disneylands Zootopia land, which raked in over 630 million in China alone, according to DisneyFoodBlog and Disney executive commentary.
But the real tea spilled on February 3 when the board unanimously tapped Disney Experiences Chairman Josh DAmaro as the next CEO, effective March 18, with Iger staying on as advisor through year-end, as announced on Disneys corporate site and reported by LA Times and Screen Daily. Co-chair Dana Walden snagged the new President and Chief Creative Officer gig, positioning her to steer entertainment creativity amid a stacked 2026 slate of Toy Story 5, Avengers Doomsday, and live-action Moana. Disney also snapped up Fubo, blending Hulu Live TV assets for 70 percent control, and inked deals like a three-year MLB pact making ESPN the exclusive MLB.TV home plus NFL Network assets, per earnings highlights.
Theme parks hummed with Paris World of Frozen opening next month, Bluey and Mandalorian upgrades incoming, and the Disney Adventure ship hitting Singapore March 10 to swell the fleet to eight plus five more, Disney brass noted. Yet shares tanked 7.4 percent to 104.45 dollars post-earnings, vaporizing 15 billion in market cap despite the wins, Inside the Magic dished. No big public sightings or social flares popped up, but this CEO handoff ranks as seismic for Disneys bio, ending Igers era on a high note while eyeing Experiences as the cash cow in a streaming-sports showdown. All verified from Disney filings, no whispers here.
Get the best deals https://amzn.to/3ODvOta
This content was created in partnership and with the help of Artificial Intelligence AI
Disney just made waves with blockbuster leadership changes and stellar earnings that have Wall Street buzzing like a Pixar premiere. On February 2, The Walt Disney Company dropped its Q1 fiscal 2026 earnings report, revealing a 5 percent revenue jump to 26 billion dollars, fueled by record 10 billion in theme parks revenue from higher attendance, guest spending, and the hot Disney Destiny cruise launch, per the official Disney earnings release and LA Times coverage. CEO Bob Iger hailed billion-dollar box office smashes Zootopia 2 and Avatar Fire and Ash as franchise goldmines boosting Disney Plus views, parks traffic, and even Shanghai Disneylands Zootopia land, which raked in over 630 million in China alone, according to DisneyFoodBlog and Disney executive commentary.
But the real tea spilled on February 3 when the board unanimously tapped Disney Experiences Chairman Josh DAmaro as the next CEO, effective March 18, with Iger staying on as advisor through year-end, as announced on Disneys corporate site and reported by LA Times and Screen Daily. Co-chair Dana Walden snagged the new President and Chief Creative Officer gig, positioning her to steer entertainment creativity amid a stacked 2026 slate of Toy Story 5, Avengers Doomsday, and live-action Moana. Disney also snapped up Fubo, blending Hulu Live TV assets for 70 percent control, and inked deals like a three-year MLB pact making ESPN the exclusive MLB.TV home plus NFL Network assets, per earnings highlights.
Theme parks hummed with Paris World of Frozen opening next month, Bluey and Mandalorian upgrades incoming, and the Disney Adventure ship hitting Singapore March 10 to swell the fleet to eight plus five more, Disney brass noted. Yet shares tanked 7.4 percent to 104.45 dollars post-earnings, vaporizing 15 billion in market cap despite the wins, Inside the Magic dished. No big public sightings or social flares popped up, but this CEO handoff ranks as seismic for Disneys bio, ending Igers era on a high note while eyeing Experiences as the cash cow in a streaming-sports showdown. All verified from Disney filings, no whispers here.
Get the best deals https://amzn.to/3ODvOta
This content was created in partnership and with the help of Artificial Intelligence AI