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Disney Expected to Announce New Disney CEO Next Month as Succession Pressure Builds

January 21, 2026  ·
  Marvin Montanaro
Bob Iger

Bob Iger via New York Times Events YouTube

The search for a new Disney CEO appears to be nearing its conclusion.

According to a recent report from the Los Angeles Times, The Walt Disney Company is expected to formally announce its next chief executive as early as next month, signaling the beginning of the end of Bob Iger’s return “stint” and the supposed start of Disney’s next corporate chapter.

The announcement would represent one of the most consequential leadership transitions in Disney’s modern history, coming after years of internal instability, strategic reversals, and mounting pressure from both Wall Street and longtime fans.

Bob Iger’s Return Was Always Supposed to be Temporary

Bob Iger stepped back into the CEO role in late 2022 after Bob Chapek’s abrupt exit, a move framed as an emergency stabilization effort rather than a long-term solution. Iger himself has repeatedly framed his return as temporary, with the explicit goal of restoring confidence, resetting internal leadership, and preparing a successor capable of navigating Disney’s increasingly complex business model.

That, at least, is the official rhetoric.

Disney CEO Bob Iger

Bob Iger via CNBC Television YouTube

Critics, however, have long argued that Iger’s return looked less like a reluctant rescue mission and more like an audacious corporate power grab. In this view, Bob Chapek was effectively positioned to absorb the fallout from a series of deeply unpopular decisions — decisions that Iger did little to reverse once back in control — clearing the path for Iger to reassert authority after his supposed retirement.

To skeptics, the narrative of a temporary stabilizer masks what was really a re-seizing of power, with Chapek left holding the blame and Iger reclaiming the reins without meaningfully repudiating the policies that sparked the backlash in the first place.

Bob Chapek

Former Disney CEO Bob Chapek in Star Wars Galaxy’s Edge – YouTube, LaughingPlace

With Iger’s planned departure set for 2027, Disney’s board has faced growing pressure to avoid another rushed or chaotic handoff. An early announcement of the new Disney CEO would give the company time to manage a controlled transition — something it failed to achieve during the Chapek era.

Leading Contenders for the New Disney CEO Role

While Disney has not publicly confirmed a successor, several executives are widely viewed as front-runners.

Josh D’Amaro, chairman of Disney Experiences, is often cited as the favorite in Wall Street circles. D’Amaro oversees Disney Parks, Resorts, and Cruise Line, and has been closely associated with the company’s massive $60 billion parks expansion initiative. His visibility with fans and strong standing with investors have made him a particularly popular candidate. He runs the only profitable branch of the Walt Disney company.

Josh D'Amaro in Disney Parks

Josh D’Amaro in the welcome video for Disney Parks – YouTube, Wish Upon a Mouse

Also frequently mentioned is Dana Walden, who leads Disney’s television and streaming operations. Walden’s experience spans traditional broadcast, streaming strategy, and studio leadership — areas that remain central to Disney’s long-term growth plans.

However, Walden’s close personal friendship with former Vice President Kamala Harris is seen by many as a vulnerability for the company during the current Trump administration.

Dana Walden

Dana Walden via Variety YouTube

Other names in the mix include Alan Bergman, head of Disney’s film studios, and Jimmy Pitaro, chairman of ESPN. Each brings deep operational experience, though questions remain about whether any single executive can effectively manage Disney’s sprawling portfolio alone.

A Return to the Co-CEO Model?

One possibility quietly circulating within industry circles is a return to Disney’s co-CEO structure — a model the company has successfully used in the past.

Dana Walden Disney CEO Bob Iger and Alan Bergman

HULU ON DISNEY+ CELEBRATION – Some of the biggest stars across The Walt Disney Company celebrate the official launch of Hulu on Disney+ at an exclusive cocktail reception hosted by Dana Walden and Alan Bergman, along with special guest Bob Iger, on Friday evening in Los Angeles. (Disney/Greg Williams)
DANA WALDEN (CO-CHAIRMAN, DISNEY ENTERTAINMENT, THE WALT DISNEY COMPANY), ROBERT A. IGER (CHIEF EXECUTIVE OFFICER, THE WALT DISNEY COMPANY), ALAN BERGMAN (CO-CHAIRMAN, DISNEY ENTERTAINMENT, THE WALT DISNEY COMPANY)

Disney’s history includes notable co-leadership arrangements, including Walt Disney and Roy O. Disney, as well as Michael Eisner and Frank Wells. Given the scale of today’s Disney — encompassing theme parks, film studios, television networks, streaming platforms, sports media, gaming, and consumer products — some believe a shared leadership model could reemerge.

Josh D’Amaro and Dana Walden are often mentioned together in that context, representing a potential split between physical experiences and content strategy. While purely speculative at this stage, the idea reflects the broader challenge Disney faces in defining what kind of leadership structure best suits its modern business.

What the Next Disney CEO Inherits

Whoever becomes the new Disney CEO will inherit a company at a crossroads.

Disney’s theme parks remain its most reliable profit engine, while its film and television divisions continue to struggle through shifting audience habits, rising production costs, and an uncertain streaming landscape. ESPN faces long-term structural questions, and Disney’s broader brand identity has become increasingly fragmented across platforms and demographics.

Josh D'Amaro

Disney Experiences Chairman Josh D’Amaro via Disney Parks YouTube

Beyond strategy, the new Disney CEO will also need to rebuild trust — both internally and externally — after years of executive turnover and mixed messaging.

A Defining Moment for Disney’s Future

An official announcement of a new CEO next month would allow Disney to begin shaping the narrative around its next era rather than reacting to it. After a decade marked by abrupt exits and emergency leadership resets, the company appears eager to project stability and intentional planning.

Bob Iger

Bob Iger | 2019 Disney Legends Awards Ceremony | D23 EXPO 2019. Photo Credit: nagi usano from Tokyo, Japan, CC BY-SA 2.0 <https://creativecommons.org/licenses/by-sa/2.0>, via Wikimedia Commons

Whether Disney chooses a single executive or experiments again with shared leadership, the decision will shape the company’s direction well beyond Bob Iger’s final exit.

For Disney, the new CEO won’t just be a replacement — it will be a referendum on what the company believes it needs to become next.

Who do you think will become the new Disney CEO? Sound off in the comments and let us know!

UP NEXT: Netflix Goes All-Cash in Warner Bros. Bid, Escalating High-Stakes Takeover Fight

Author: Marvin Montanaro
Marvin Montanaro is the Editor-in-Chief of That Park Place and a seasoned entertainment journalist with nearly two decades of experience across multiple digital media outlets and print publications. He joined That Park Place in 2024, bringing with him a passion for theme parks, pop culture, and film commentary. Based in Orlando, Florida, Marvin regularly visits Walt Disney World and Universal Orlando, offering firsthand reporting and analysis from the parks. He’s also the creative force behind The M4 Empire YouTube channel, bringing a critical eye toward the world of pop culture. Montanaro’s insights are rooted in years of real-world reporting and editorial leadership. He can be reached via email at mmontanaro@thatparkplace.com SOCIAL MEDIA: X: http://x.com/marvinmontanaro Instagram: https://www.instagram.com/marvinmontanaro Facebook: https://facebook.com/marvinmontanaro YouTube: http://YouTube.com/TheM4Empire Email: mmontanaro@thatparkplace.com
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Christopher Haynes

Does that idiot own a single tie? He always looks like he pulled an all-nighter and needs to go home.

CleatusDefeatus

And yet, bob iger will walk away, free of criticism, heavily compensated, home to that piece of shit willow bay. No justice in this world.

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Vallor

It doesn’t matter who comes in as CEO, the roadmap for the next decade has already been established by Iger. And since Iger will continue to lead the Disney Board, the new CEO will have to follow those marching orders.

Even if they lead to a firing squad ala’ Bob Chapek who, ultimately, paid the price simply for following the instructions Iger fed him and followed the product and ideological roadmap Iger laid out.