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Who is Disney’s next CEO?

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Who is Disney's next CEO?
Why Disney tapped Josh D’Amaro to take over for Bob Iger

The Walt Disney Company has a new CEO — Josh D’Amaro.

The chairman of Disney’s experiences division, which includes the company’s theme parks, cruise line, resorts and consumer products, was named to succeed long-time CEO Bob Iger. He will be the eighth CEO in Disney’s more than 100-year history.

D’Amaro, 54, joined Disney in 1998 and has held leadership roles both domestically and internationally, including chief financial officer of Disney’s consumer products global licensing division, president of Disneyland Resort and president of Walt Disney World Resort.

His appointment to the top job once again brings to the fore Disney’s storied history in park-going at a time of massive growth for the division — with Disney committing to $60 billion in park investments over a decade. D’Amaro beat out Dana Walden, co-chairman of Disney Entertainment, for the CEO spot after a closely watched succession race.

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Since D’Amaro took over as head of experiences in May 2020, revenue in the the division has grown nearly 40%, from $26.2 billion in fiscal 2019 to $36.2 billion in fiscal 2025.

Last year the business unit accounted for about 40% of Disney’s total annual revenue.

Perhaps more impressive is the division’s profits: Experiences operating income has jumped from $6.8 billion in fiscal 2019 to $10 billion in fiscal 2025, a nearly 50% increase. Since fiscal 2022, the experiences division has accounted for anywhere between 55% and 70% of Disney’s profits.

Building up parks

Now in his 28th year with the company, D’Amaro has a proven track record with consumers and has been instrumental in the growth of the experiences division since taking over the helm in the early months of the Covid pandemic.

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At the time, practically every facet of the experiences segment was shuttered — domestic and international parks were closed, cruises remained at port and hotels were left vacant. But during that shutdown period, when it was safe to have workers on campus, D’Amaro got to work. Construction continued on the new Avengers-themed land at the Disneyland Resort in California, and cosmetic updates were made across the company’s domestic parks.

Disney also upgraded its guest technology, a fixture of Disney’s theme parks via rides and attractions. Mobile ordering capabilities were expanded, and the company began work on what would become a new itinerary service and a new way for parkgoers to purchase passes to skip lines for certain rides.

Cynthia Randez takes a picture of her son, Apollo Leisz, 7, with Chairman, Disney Parks, Experiences and Products, Josh D’Amaro on Main Street U.S.A. just after the gates opened in Anaheim, CA, on Friday, April 30, 2021.

Medianews Group/orange County Register Via Getty Images | Medianews Group | Getty Images

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After parks and resorts reopened, D’Amaro oversaw the launches of new rides like Mickey & Minnie’s Runaway Railway, Tron Lightcycle Run, Tiana’s Bayou Adventure, Guardians of the Galaxy: Cosmic Rewind and Remy’s Ratatouille Adventure as well as new themed lands like the refurbished Mickey’s Toontown in Disneyland.

International development expanded, too, with the opening of Fantasy Springs at Tokyo Disneyland and a “Zootopia”-themed land at Shanghai Disneyland.

D’Amaro was also the leader behind the growth in Disney’s cruise line, which is set to double its fleet size by 2031. Three new ships have already set sail, with a fourth on the way in April.

Over in consumer products, D’Amaro pushed Iger to invest $1.5 billion in Epic Games, giving Disney a digital playground within the company’s online game Fortnite. This space is particularly important to attract a younger demographic that has become harder and harder for companies to reach.

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D’Amaro’s got experience outside of the division, too. As Disney has infused more of its film franchises into its theme parks, cruises and hotels, he’s partnered with the company’s studio heads. Marvel, Star Wars, Pixar, Disney Animation and more have become intermingled with D’Amaro’s division.

The Ultimate Disney Fan Event presented by VISA – brings together all the worlds of Disney under one roof for three packed days of presentations, pavilions, experiences, concerts, sneak peeks, shopping, and more.

Image Group La | Disney General Entertainment Content | Getty Images

Streaming and TV

Where D’Amaro will face a learning curve in taking over as CEO is in Disney’s streaming and linear television business.

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Years of industrywide cord-cutting and a decline in advertising revenue has weighed heavily on all players in the media space, including Disney.

While traditional TV remains profitable, streaming has become the focus for media companies looking to recapture those subscribers and keep their content front and center.

While Disney’s flagship streaming service, Disney+, initially gained subscribers at a fast clip, the company has more recently turned to other initiatives like bundling its streaming services, offering a cheaper, ad-supported tier and cracking down on password sharing in an effort to combat slowing growth.

When Iger returned to the helm of Disney in late 2022, building up streaming — Disney+, as well as Hulu and ESPN — remained a priority.

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On Monday Disney reported quarterly revenue for its entertainment segment, which includes streaming and theatrical releases, of $11.61 billion, up 7% year over year. However, it was the first quarter that Disney didn’t report streaming subscriber numbers.

Maintaining the stability of Disney’s streaming future will be a key focus for the company’s next CEO.

“Looking back just a few years when our movie business was suffering from Covid and the streaming business was obviously not in an acceptable place, it’s clear that the future of both of those businesses, or let’s call it our entertainment business, is also bright and it’s going to grow,” Iger said on the company’s earnings call Monday.

D’Amaro will also contend with the legacy of his predecessor. The last time Iger stepped away from the company, he returned less than two years later to right the ship.

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— CNBC’s Lillian Rizzo contributed to this report.

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Silicon Motion earnings matched, revenue topped estimates

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Silicon Motion earnings matched, revenue topped estimates

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Cattle Supply Crunch Weighs on Profit at Tyson Foods

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Patrick Thomas hedcut

For the three months ended Dec. 27, profit totaled $85 million.

That was down 76% from a year ago and lower than Wall Street analysts expected, according to FactSet.

Quarterly sales rose 5% to $14.31 billion, beating forecasts.

On an adjusted basis, Tyson earned 97 cents a share, outpacing analysts’ expectations.

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The quarterly loss in the beef division widened to $319 million, from $26 million a year earlier. Beef prices rose about 17%, while sales volumes fell 7%.

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McDonald’s offers McNugget caviar kits in free Valentine’s Day giveaway

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McDonald's offers McNugget caviar kits in free Valentine's Day giveaway

McDonald’s is launching a limited-edition giveaway ahead of Valentine’s Day that pairs one of its most recognizable menu items with a traditionally high-end product: caviar.

The fast-food chain announced Monday in a release that it will offer McNugget Caviar kits through an online-only drop at McNuggetCaviar.com.

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The kits will be available free of charge while supplies last and will not be sold in McDonald’s restaurants.

The promotion marks McDonald’s first collaboration with Paramount Caviar, a U.S.-based caviar supplier known for serving Michelin-starred restaurants and luxury hotels, the company said in a press release.

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An exterior view of a McDonald's fast food restaurant.

McDonald’s is collaborating with Paramount Caviar for a limited-edition giveaway for Valentine’s Day. (Paul Weaver/SOPA Images/LightRocket / Getty Images)

Each kit includes a 1-ounce tin of Baerii Sturgeon caviar labeled as McNugget Caviar, a $25 Arch Card redeemable toward Chicken McNuggets, crème fraîche and a Mother-of-Pearl caviar spoon.

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CHICK-FIL-A’S NEW FROSTED SODAS, RETRO CUPS SPARK BUZZ AND QUESTIONS FROM FANS AND WORKERS

Caviar and McNuggets

McDonald’s announced a free Valentine’s Day promotion combining Chicken McNuggets with premium caviar in limited kits available online starting February 10 at 11 a.m. ET. (McDonald’s)

McDonald’s did not say how many kits will be available but said quantities are limited and expected to go quickly once the drop opens at 11 a.m. ET on Feb. 10.

Paramount Caviar, founded in 1991, has built its reputation on sustainably sourced caviar and has expanded from the professional culinary market to direct-to-consumer offerings, according to the company.

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McNugget caviar kit

Fast-food giant teams up with Paramount Caviar to offer free kits starting Feb. 10 through an online-only drop. (McDonald’s)

“The crispy, golden goodness of our signature McNuggets and the salty, savory, black pearls of Paramount’s Baerii Sturgeon caviar make for a true match made in heaven for the special occasions in life,” the press release stated.

“McNugget® Caviar was created because of our customers,” a McDonald’s spokesperson said in a statement to FOX Business.

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“They’ve been pairing Chicken McNuggets with caviar long before we made it official,” they continued. “We know our fans want to enjoy elevated experiences without the price tag, so we want to treat them to something special — completely on us.”

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ArcBest: Increasingly Confident On Earnings Growth Acceleration (NASDAQ:ARCB)

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ArcBest: Increasingly Confident On Earnings Growth Acceleration (NASDAQ:ARCB)

This article was written by

I’m a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in buying quality companies at a discount to their intrinsic value and holding them for the long haul, allowing them to compound their earnings and shareholder returns.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Sun shines on Waaree Energies as tariff clouds clear

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Sun shines on Waaree Energies as tariff clouds clear
Shares of Waaree Energies, the country’s largest solar module manufacturer, have surged nearly 28% over the past two weeks, including an 11% jump on Tuesday, after India and the US agreed to a trade deal. The rebound has narrowed the stock’s three-month decline to 10%. The US contributed 15–20% of Waaree’s revenue in the December 2025 quarter compared with 57% in the March 2024 quarter. With tariffs now set to ease, the company’s exports to the US have significant room to recover.

Apart from the trade deal, investors have reacted positively to the company’s strong third-quarter results. The management expects to exceed its earlier guidance for operating profit before depreciation and amortisation (Ebitda) of ₹5,500–6,000 crore for FY26, backed by robust execution and expanding order book.

Screenshot 2026-02-04 070512ET Bureau

As part of its backward-integration strategy, the company is setting up a 10 Gigawatt (GW) ingot and wafer facility and expanding cell capacity by another 10GW, both targeted to be operational by FY27. This will give it a fully integrated solar value chain covering polysilicon, ingots, wafers, cells and modules, reducing dependence on imports and improving margins.

The company’s order book grew 28% sequentially to ₹60,000 crore in the December quarter, supported by an order pipeline exceeding 100 GW that provides multi-quarter revenue visibility. Around 65% of the order book is international, while domestic orders are increasingly skewed towards highermargin segments, including domestic content requirement (DCR) modules, which are solar panels manufactured in India using locally sourced components and command a pricing premium.

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The company also plans to expand into related areas such as battery energy storage systems (BESS), inverters, and green hydrogen. It is setting up a 20-gigawatt-hour BESS manufacturing facility that is expected to be ready by FY28. In the December quarter, it raised around ₹1,000 crore in equity to fund lithium-ion cell and battery-pack plant.
In green hydrogen, the company intends to build a 1GW electrolyser manufacturing facility supported by production-linked incentives of ₹444 crore. The project, with planned capital expenditure of ₹676 crore, is expected to be commissioned by FY27.To comply with US non-Chinese sourcing requirements, the company has invested $30 million in an Oman-based polysilicon facility, with production expected to begin in the current quarter. This is expected to give it a fully traceable, non-Chinese supply chain, a key differentiator for its US expansion.

For the Dember quarter, the company posted its highest-ever consolidated revenue of ₹7,565 crore, doubling year-on-year, while Ebitda surged threefold to ₹1,928 crore. Module production rose by 94% to reach a record 3.5GW and cell output touched 0.75GW from a near-zero base.

Following strong quarterly performance, PL Capital has raised the earnings estimate by 5.7% and 1.2% for FY27 and FY28 respectively. The broking firm has maintained a ‘Buy’ rating on the stock with a higher target price of ₹3,600 compared with ₹4,084 earlier implying an FY28 expected price-earnings (P/E) multiple of 21.

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Siemens Energy to invest $1B in US power grid and turbine manufacturing

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Siemens Energy to invest $1B in US power grid and turbine manufacturing

Siemens Energy said Tuesday it will invest $1 billion to expand power grid and gas turbine manufacturing in the United States as rising electricity demand from data centers and artificial intelligence strains the nation’s energy infrastructure.

“The U.S. is the hottest electricity market at the moment in the world,” CEO Christian Bruch said in an interview, Bloomberg News reported. “The Trump Administration’s push for data centers and speeding that up” is helping to drive demand. 

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The investment is expected to create more than 1,500 highly skilled jobs across manufacturing, engineering and operations as Siemens Energy increases production capacity and workforce levels in the U.S.

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CEO of Siemens Energy

Christian Bruch, CEO of Siemens Energy, speaks during the groundbreaking ceremony at the Siemens Energy transformer plant. (Daniel Karmann/picture alliance via Getty Images)

Bruch’s comments echo President Donald Trump, who repeatedly has described America as “hot” and the “hottest country in the world” under his second term as part of an ongoing sharp rebuke of the Biden administration and its various foreign and economic policies that Trump claims stifled American growth and hobbled the nation’s standing on the world stage. 

The Siemens deal will lead to benefit at least six states specifically, Fox News Digital learned, with hiring concentrated in the southeast United States. 

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“This massive investment underscores President Trump’s commitment to reshore American manufacturing, create high-skilled jobs for American workers, and secure our power grid as electricity demand continues to grow,” White House spokeswoman Taylor Rogers told Fox News Digital of the investment. “Together, President Trump and private partners are working to make America wealthy and energy dominant again.”

In Mississippi’s Greater Richland area, the company plans a new high-voltage switchgear facility with a training center and up to 300 new hires. North Carolina is slated for the biggest job lift — about 500 roles across Charlotte, Winston-Salem and Raleigh — as turbine manufacturing resumes in Charlotte, parts production expands in Winston-Salem, North Carolina, and grid engineering, project execution and R&D grow in Raleigh, North Carolina. 

Alabama, Florida, Texas and New York also are expected to benefit from the deal, including upgrading facilities that manufacture and service equipment used to move gas and liquids through pipelines in the Empire State. 

Interior Secretary Doug Burgum, who chairs Trump’s National Energy Dominance Council, called the investment “tremendous” as the administration locks down an expanded supply chain that simultaneously brings manufacturing and jobs back to U.S. soil. 

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“We appreciate great partners like Siemens Energy, who proactively partner with the Trump administration for the benefit of the American people, prioritizing critical components to make the United States Energy Dominant!” Burgum said. 

The move comes as major technology companies pour hundreds of billions of dollars into new U.S. data centers, driving a sharp increase in electricity demand that utilities say the country’s aging power grid was not designed to handle.

Government reports have warned that data centers could account for as much as 12% of U.S. electricity demand within two years, nearly triple their share in 2024.

“Siemens Energy has been making things in the United States for more than a century, and we are experiencing a once-in-a-generation growth opportunity driven by the resurgence of U.S. manufacturing and the expansion of artificial intelligence,” Siemens Energy CEO Christian Bruch said in a statement.

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Power lines in Florida Everglades in September

Power lines on Sept. 28, 2023, in the Everglades, Florida. (Joe Raedle/Getty Images)

Surging power needs tied to large technology projects have fueled a wave of deals aimed at adding new generation and grid capacity, though supply-chain constraints, lengthy permitting timelines and regulatory hurdles continue to slow those efforts.

Siemens Energy said the $1 billion U.S. investment is part of a broader $7 billion global expansion plan and includes targeted upgrades at existing American facilities, as well as construction of a new grid-equipment factory in Mississippi.

Siemens Energy transformer plant

“Siemens Energy” written on a steel girder on which a power transformer stands. (Daniel Karmann/picture alliance via Getty Images)

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The expansion is expected to increase Siemens Energy’s global production capacity for large gas turbines by roughly 20%.

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Dow Jones And U.S. Index Outlook: Major Rotation Flows And Drops

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Dow Jones And U.S. Index Outlook: Major Rotation Flows And Drops

MarketPulse is an award-winning industry analysis and news site service created by OANDA Business Information & Services, Inc. Covering forex, commodities, global indices and more, our goal is to give timely, relevant and informative commentary on major macroeconomic trends, technical analysis and worldwide events impacting the industry.

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The Chinese planemaker taking on Boeing and Airbus

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The Chinese planemaker taking on Boeing and Airbus

Comac’s passenger jet is attracting customers in South East Asia where demand for affordable aircraft is growing.

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Pinterest chief content officer Malik sells $50k in shares

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Environment Minister approves Saracen’s $118m Gnarabup resort

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Environment Minister approves Saracen’s $118m Gnarabup resort

A state government minister has signed off on Saracen Properties’ controversial $118 million Gnarabup resort, subject to conditions.

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