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Disney CEO Bob Iger Reveals Retirement Plans, Set to Depart in March 2026


Longtime Disney CEO Bob Iger is set to retire at the end of this year, with Disney Experiences Chairman Josh D’Amaro stepping into the role of chief executive officer on March 18, 2026. This announcement was made by the company on Monday.

Iger, who has been a pivotal figure at Disney since joining in 1996, will officially retire on December 31, 2026. His tenure has been marked by significant growth and transformation within the company.

In a notable shift, Dana Walden, co-chairman of Disney Entertainment, has been appointed as president and chief creative officer. She will oversee the company’s film, television, news, and streaming divisions, further solidifying Disney’s commitment to creative excellence.

Bob Iger

Robert Iger attends the Stella McCartney “Get Back” Capsule Collection and documentary release of Peter Jackson’s “Get Back” at The Jim Henson Company on November 18, 2021 in Los Angeles, California. (Rich Fury/Getty Images / Getty Images)

“Josh D’Amaro is an exceptional leader and the right person to become our next CEO,” Iger stated. “He has an instinctive appreciation of the Disney brand and a deep understanding of what resonates with our audiences. His ability to combine creativity with operational excellence is exemplary, and I am thrilled for Josh and the company.”

D’Amaro expressed his gratitude to the board for the opportunity to lead Disney. “Disney’s strength has always come from our people and the creative excellence that defines our stories and experiences,” he remarked. “There is no limit to what Disney can achieve, and I am excited to work with our teams across the company and brilliant creative partners to honor Disney’s remarkable legacy while continuing to innovate, grow, and deliver exceptional value for our consumers and shareholders. I also want to express my gratitude to Bob Iger for his generous mentorship, his friendship, and the profound impact of his leadership.”

Disney has noted that Iger has played a crucial role in mentoring internal candidates throughout its succession planning process, ensuring a smooth transition for the company.

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This is a developing story. Please check back for updates.


Longtime Disney CEO Bob Iger is set to retire at the end of this year, with Disney Experiences Chairman Josh D’Amaro stepping into the role of chief executive officer on March 18, 2026. This announcement was made by the company on Monday.

Iger, who has been a pivotal figure at Disney since joining in 1996, will officially retire on December 31, 2026. His tenure has been marked by significant growth and transformation within the company.

In a notable shift, Dana Walden, co-chairman of Disney Entertainment, has been appointed as president and chief creative officer. She will oversee the company’s film, television, news, and streaming divisions, further solidifying Disney’s commitment to creative excellence.

Bob Iger

Robert Iger attends the Stella McCartney “Get Back” Capsule Collection and documentary release of Peter Jackson’s “Get Back” at The Jim Henson Company on November 18, 2021 in Los Angeles, California. (Rich Fury/Getty Images / Getty Images)

“Josh D’Amaro is an exceptional leader and the right person to become our next CEO,” Iger stated. “He has an instinctive appreciation of the Disney brand and a deep understanding of what resonates with our audiences. His ability to combine creativity with operational excellence is exemplary, and I am thrilled for Josh and the company.”

D’Amaro expressed his gratitude to the board for the opportunity to lead Disney. “Disney’s strength has always come from our people and the creative excellence that defines our stories and experiences,” he remarked. “There is no limit to what Disney can achieve, and I am excited to work with our teams across the company and brilliant creative partners to honor Disney’s remarkable legacy while continuing to innovate, grow, and deliver exceptional value for our consumers and shareholders. I also want to express my gratitude to Bob Iger for his generous mentorship, his friendship, and the profound impact of his leadership.”

Disney has noted that Iger has played a crucial role in mentoring internal candidates throughout its succession planning process, ensuring a smooth transition for the company.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

This is a developing story. Please check back for updates.