Disney has appointed Josh D’Amaro as its new CEO, succeeding Bob Iger. D’Amaro, previously in charge of Disney's theme parks and cruise operations, steps into a role that has significant visibility and influence, making him the ninth person to lead the company in its 102-year history. His promotion follows a competitive selection process against Dana Walden, Disney’s entertainment co-chairman, who will now serve as president and chief creative officer. The succession comes after a tumultuous period for Disney, marked by the controversial firing of Bob Chapek, the previous CEO, just two years into his tenure. The company aims to execute this transition more smoothly than in the past, particularly given the high stakes involved in managing a vast entertainment empire. D’Amaro's leadership will be closely watched, especially as Disney navigates its financial recovery and seeks to strengthen its core businesses, particularly the parks, which have become the company's primary profit driver.