After such a highly scrutinised and prolonged CEO search, the choice of D’Amaro is both unsurprising and anticlimactic. Reports had been circulating for months that the board was uniting around the parks chief. And on Monday, when Disney announced earnings and a record US$10 billion ($12.72 billion) in revenue for the quarter in D’Amaro’s division, his ascension to the top seemed all but assured.
(Feb 4): Corporate America’s most closely watched succession race has finally ended.
Walt Disney Co said on Tuesday that Josh D’Amaro, the head of parks and resorts, would succeed Bob Iger as its chief executive officer. The announcement caps the end of a three-year odyssey that began when Iger returned to run the company for a second stint, replacing his handpicked successor, Bob Chapek.
