Entertainment

Disney Taps Parks Chief Josh D’Amaro to Succeed Iger as CEO

Disney Selects Parks Chief Josh D’Amaro to Succeed Iger as CEO

Walt Disney Co. said Josh D’Amaro will succeed Bob Iger as chief executive officer of the entertainment giant, passing the reins at a key moment in the company’s history and after struggles to find a new leader in the past.

D’Amaro, a 28-year-veteran of Disney, will succeed Iger effective March 18, the Burbank, California-based company said Tuesday in a statementBloomberg Terminal. Iger will stay on the board and serve as a senior adviser until his retirement on Dec. 31.