The announcement that Josh D’Amaro is the next CEO of The Walt Disney Company came as a surprise, even though he was considered a likely candidate. Reflecting on a personal anecdote, I recall driving to D23 2024 event with Jim Hill. As we entered the Anaheim Convention Center parking lot, we saw Josh jogging ahead, quick on his feet. He noticed us, smiled, waved, and continued on his way. This encounter now seems fitting, given his new leadership role.
Josh D’Amaro and Dana Walden
New Leadership Team
Josh will be working alongside Dana Walden, who will serve as president and chief creative officer. This partnership is promising, as Disney’s most successful eras have been led by strong teams—such as Walt and Roy Disney or Michael Eisner and Frank Wells. The role of CEO is immense, requiring collaboration and support. With Dana’s experience, Josh gains both a partner and an advisor. Notably, Dana Walden will become the first companywide female chief executive officer in Disney’s 103-year history.
Disney’s Strategic Focus
Disney is focusing its future on theme parks and cruise ships, which have been highly successful but require significant investment. The company plans to invest $60 billion into new rides, shows, and attractions in U.S. parks, as well as the soon-to-be-reopened Disney Studios Paris, which will become Disney Adventure World.
Adventure World concept art
Potential Developments and ESPN
Looking ahead, there is speculation that ESPN could eventually spin off as a standalone company. Recently, ESPN acquired the NFL Network and the Red Zone brand for about a billion dollars, which will be integrated into Disney’s portfolio by year-end. This deal also grants the NFL a 10% stake in ESPN and helps expand the ESPN brand, which has begun exploring the gaming space. If ESPN’s growth continues, Disney may choose to maintain an interest in ESPN without it being part of the company’s core operations.
Shanghai Disneyland
International Expansion and Second Gate Projects
Disney is also considering additional “second gate” parks, with Shanghai possibly next in line. Hong Kong faces challenges due to lapsed rights for expansion, while the Abu Dhabi project remains in early stages with limited details released. The only concept art for Abu Dhabi has been vague, notably lacking the traditional Disney touches like fireworks or balloons.
Abu Dhabi model (not Disney authenticated)
Succession and Key Candidates
With Josh’s promotion, his previous role needs to be filled. While there is no clear frontrunner, Michael Moriarty stands out as a strong candidate. Currently CFO of Disney Parks and Resorts Experience Division and former president of Hong Kong Disneyland, Moriarty brings valuable international experience—especially relevant if Disney pursues expansion in Shanghai or Abu Dhabi.
Upcoming Events
Key dates are approaching for Disney. The annual shareholders meeting is scheduled for March 18, when Josh will formally step into the CEO role, deliver a presentation, answer questions, and be introduced to shareholders. By then, the new head of Parks and Resorts Experience Division may be announced, along with any related leadership changes. Shortly after, Disney’s Adventure World in Paris will open on March 29, giving Josh the opportunity to inaugurate the new park—a parallel to Bob Iger’s early success with Disney’s California Adventure.
Industry Reactions and Josh’s Qualities
Industry insiders have responded positively to Josh’s appointment, seeing him as a leader who truly represents Disney’s core values. Unlike leaders brought in from other divisions, Josh’s experience is rooted in the heart of the company. Personal interactions with him have always been positive—he is approachable, welcoming, and seems perfectly cast for this role. His time at Disney has prepared him well, and while challenges undoubtedly lie ahead, there is optimism about the company’s future under his leadership.
Disney Journey Blog 