Disney Has Its Next CEO
The article discusses the appointment of Josh D'Amaro as the new CEO of Disney, replacing Bob Iger. It reflects on Iger's legacy, including the growth of the company through acquisitions like Pixar, Marvel, and Lucasfilm, and his recent focus on stabilizing the company and achieving streaming profitability. The article also speculates on the future of Disney under D'Amaro's leadership, suggesting a potential spin-off of media assets like ESPN. The overall sentiment is that while the leadership change is significant, the company faces challenges, and the stock has underperformed in recent years. The new CEO, coming from the parks division, is expected to focus on the core business.
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