New Leadership Announced for Disney Parks, Experiences and Products
Bob Iger abruptly stepped down as CEO and Bob Chapek was been named the new Chief Executive Officer, effective February 25, 2020. Chapek previously was the Chairman of Disney Parks, Experiences and Products which left a vacancy for the position. Bob Chapek announced today a new Disney Parks, Experiences and Products leadership team that will be led by Josh D'Amaro as the new chairman.
D'Amaro most recently was the President of Walt Disney World Resort and in his new role will oversee Disney's travel and leisure businesses including all six theme park resort destinations, Disney Cruise Line, DVC, and Adventures by Disney. He will also oversee Disney's global consumer products operations including the licensing for toys, apparel, home goods, digital games and apps. D'Amaro will also lead the children's publishing sector, all Disney stores and shopDisney.
“I want to thank Bob for giving me this opportunity, and I look forward to following his record of driving innovation, value and growth at Parks,” Mr. D’Amaro said. “I am honored to be able to lead this newly announced team of exceptional senior leaders as we assume our new roles and continue to deliver unforgettable experiences for our guests. Even during this challenging time, the enthusiasm of our dedicated cast members for what we do is unwavering, and my goal is to bring them back to work as soon as possible so they can continue to create that magic.”
Along with the appointment of Josh D'Amaro, the following announcements were made regarding other team members:
Jeff Vahle, formerly President, Disney Signature Experiences, has been named President, Walt Disney World Resort.