Inside Josh D’Amaro’s Rise at Disney
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Shareholders will be looking for D’Amaro to generate value after the company has underperformed the broader stock market.
With fewer international visitors coming to the U.S. and the company’s streaming unit firing on all cylinders, Disney contemplates a day when its U.S. theme parks aren’t the company’s biggest growth driver.
This week, we got more news of closures, including the permanent closing date for the popular Anaheim Resort Transit bus system, plus ride improvements and news that Disney is cracking down on third-party businesses operating on property.
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Josh D’Amaro is expected to take over from longtime CEO Bob Iger in March.
Disney’s appointment of Josh D’Amaro as its chief executive on Tuesday marks the second time in six years that longtime CEO Bob Iger will hand the keys to the Magic Kingdom to the well-regarded head of the company’s theme park business.