Leadership Change - The Walt Disney Company announced that Josh D'Amaro will be appointed CEO effective March 18, 2026, succeeding Bob Iger, who will become a senior advisor and remain on the board until December 31 [1] - Dana Walden has been named president and chief creative officer, overseeing media, news, and content strategies, reporting directly to D'Amaro [2] Josh D'Amaro's Background - D'Amaro has been with Disney for 28 years, previously leading Disneyland Resort and Walt Disney World Resort before heading Disney's Experiences division, which accounted for about 57% of Disney's profit in fiscal 2025 [2] Strategic Vision - Disney chair James P. Gorman praised D'Amaro for his leadership, innovation, and passion for the Disney brand, indicating he is well-suited for the CEO role [3] - D'Amaro has been instrumental in expanding Disney's franchises, with notable projects including "Star Wars: Galaxy's Edge" and "Avengers Campus," as well as upcoming developments like a Monsters, Inc.-themed land and an Avatar destination [3] Bob Iger's Legacy - Bob Iger has been a pivotal figure for Disney since 2005, leading significant acquisitions such as Pixar, Marvel, and Lucasfilm, and the launch of Disney+ [4] - Iger's leadership during the COVID-19 pandemic involved cutting $5.5 billion in spending to position Disney for future success [5]

Bob Iger loves Disney even more than he loves being its CEO. That was the message from Disney board chairman James Gorman on Tuesday, as the company announced that Josh D'Amaro would succeed Iger in the CEO slot.Iger will step down on March 18, more than nine months before his contract expires, to make room for incoming CEO D'Amaro and soon-to-be president Dana Walden. After D'Amaro takes charge, Iger will remain a strategic advisor and board member through the end of the year. Iger's decision to leave ea ...

A day after announcing poorly received financial results, Walt Disney (NYSE: DIS) is introducing its next CEO. The media giant announced on Tuesday morning that Josh D'Amaro will replace Bob Iger as its chief executive. Currently serving as the chair of Disney Experiences, D'Amaro will officially take the helm at the company's shareholder meeting next month. It's the right choice for Disney. D'Amaro has been the front-runner since Iger announced he would step down by the time his current contract extensi ...

Activist questions whether the selection of company parks chief Josh D'Amaro as chief executive will allow Iger to stay around ...

Group 1: SpaceX and XAI Merger - SpaceX is merging with Elon Musk's AI startup XAI, creating a combined entity valued at $1.25 trillion [7][8]. - The merger aims to develop a space-based communications platform, requiring the launch of a million satellites into orbit [7]. - The integration of SpaceX and XAI is expected to enhance operational efficiency, particularly in building data centers in space [10][13]. Group 2: IPO Outlook - There is a high probability (72%) that SpaceX will go public before OpenAI, with expectations for a potential IPO by June [18][19]. - The IPO market is anticipated to be robust this year, driven by favorable economic conditions and a pro-business administration [87][90]. - Companies are increasingly willing to take risks on IPOs, reflecting a shift in market sentiment towards a more stable environment [91][96]. Group 3: Palantir's Performance - Palantir's stock has seen significant growth, with a recent increase in revenue growth rates from 50% to 70% [33][34]. - The company is capitalizing on opportunities in the U.S. commercial sector, which grew by 137% [35]. - Palantir's unique capabilities in data organization and deployment are contributing to its success in the AI era [37][42]. Group 4: PayPal's Leadership Change - PayPal's shares fell sharply after announcing a leadership change, with Enrique Lores taking over as CEO [57][58]. - The company reported a decline in branded checkout growth, which dropped to 1% from 6% year-over-year [58]. - PayPal's total payment volume for the quarter was $475 billion, indicating its scale in the fintech sector [62]. Group 5: Market Trends and Analyst Insights - Analysts are observing a mixed performance in large-cap technology stocks, with Nvidia and Microsoft facing pressure [4][5]. - Walmart has joined the trillion-dollar market cap club, reflecting strong performance under new leadership [5][6]. - The software sector is expected to continue growing, with good companies likely to outperform in the AI-driven market [40][45].

Group 1: Disney's CEO Succession - The Walt Disney Co. has appointed Josh D'Amaro as the new CEO, effective March 18, succeeding Bob Iger [1][2] - Iger indicated that Disney is in a better position now than three years ago, having made significant improvements and established new opportunities [2] - Despite better-than-expected earnings results, Disney shares fell 7.4% on the day of the announcement, reflecting investor concerns about the CEO transition [2] Group 2: Retail Sector Leadership Changes - New CEOs have taken charge at Target and Walmart, with differing missions; Target's Michael Fiddelke aims to revive sales, while Walmart's John Furner focuses on customer retention and investor satisfaction [10][11] - Target has experienced a decline in revenue for four consecutive quarters, prompting the need for a strategic overhaul [12] - Investors have reacted negatively to Target's performance, with share prices dropping over 20% in the past year [12]

Close to two years after losing a proxy fight to longtime Disney boss Bob Iger, billionaire investor Nelson Peltz is still a skeptic.Activist investor and Trian Partners founder Nelson Peltz said at a Florida event on Tuesday that Disney picked Josh D'Amaro as its new CEO because "Iger needs a reason to stay on." By Peltz's telling, D'Amaro's lack of entertainment experience — he has run the parks and experiences side of the Mouse House since 2020 — will give Iger an excuse to stick around.Peltz said to ex ...

Disney Appoints Josh D'Amaro New CEO | Investor's Business DailyBREAKING: [Stocks Edge Higher As Teradyne, Palantir Surge]---Disney (DIS) appointed the head of its parks division, Josh D'Amaro, as the company's new CEO, effective March 18. Disney stock headed lower for a second session, on track to test its lows from November. The decision caps a more than yearlong succession plan for its current CEO, Bob Iger. It was the second time Disney had sought a successor…## Related news## Disney Stock Tumbles On We ...

Key Takeaways Disney CEO & President Replacements Announced JOLTS Numbers Kick Off "Jobs Week" for FebruaryPYPL, PFE, MRK and MPC Report Q4 Earnings, with Various SuccessAMD, AMGN and CMG Report Q4 Earnings After the CloseTuesday, February 3rd, 2026Kicking off another day of trading, the Dow is flat but other indexes are up: the S&P 500 +0.23%, the Nasdaq +0.51% and the small-cap Russell 2000 +0.32%. The rebound off Friday’s near-term lows continues at a somewhat measured pace, with an apparent bullish sign ...

Core Viewpoint - Disney's shares dropped over 7% despite exceeding revenue and earnings expectations, primarily due to concerns about international visitation to its theme parks [1] Financial Performance - Disney reported Q1 fiscal 2026 results with revenues of $26 billion, a 5% increase year-over-year, while earnings per share fell 7.4% to $1.63, marking the second consecutive quarter of earnings decline [5][6] - The experiences division, including theme parks and resorts, generated record revenues of $10 billion, up 6% YoY, but consumer spending on discretionary items remains constrained [7] - The entertainment division saw a 7% growth to $11.6 billion, driven by successful films like Zootopia 2 and Avatar: Fire and Ash, while the sports segment experienced only 1% growth to $4.9 billion due to increased competition [7] Cash Flow Situation - Net cash flow from operations fell to $735 million, a 77% decrease from the previous year, resulting in negative free cash flow of $2.3 billion compared to a positive $735 million in the same period last year [8] - The company ended the quarter with a cash balance of $5.7 billion, which is lower than its short-term debt of $10.8 billion [8] Management Transition - The theme park business, which contributed significantly to the positive results, is led by Josh D'Amaro, a potential successor to outgoing CEO Bob Iger, who is expected to be replaced this quarter [2]