Congratulations to Josh D’Amaro who has been named Chairman of Disney Parks, Experiences and Products (via Business Wire). D’Amaro takes on the role from Bob Chapek who became the company’s CEO earlier this year.
An announcement was also posted on the official Walt Disney Company website.
Bob Chapek, Chief Executive Officer of The Walt Disney Company (NYSE: DIS), today announced that Josh D’Amaro has been named Chairman, Disney Parks, Experiences and Products, and Rebecca Campbell has been named Chairman, Direct-to-Consumer and International. Mr. D’Amaro and Ms. Campbell will report to Mr. Chapek.
“Our company is very fortunate to have a deep bench of talent and we’re extremely pleased to welcome these two exceptionally qualified Disney veterans to our senior management team,” Mr. Chapek said. “Both Josh and Rebecca have more than two decades of leadership experience with the Company, a keen understanding of our brands and businesses, and a shared passion and vision for delivering extraordinary entertainment and one-of-a-kind experiences.”
Mr. D’Amaro, who most recently served as President, Walt Disney World Resort, succeeds Mr. Chapek as Chairman, Disney Parks, Experiences and Products. In his new role, Mr. D’Amaro will oversee Disney’s iconic travel and leisure businesses, which include six theme park-resort destinations in the United States, Europe and Asia; a top-rated cruise line; a popular vacation ownership program; and an award-winning guided family adventure business. Disney’s global consumer products operations include the world’s leading licensing business across toys, apparel, home goods, digital games and apps; the world’s largest children’s print publisher; Disney store locations around the world; and the shopDisney e-commerce platform.
“Josh is an exceptionally talented, enthusiastic and innovative leader, consistently delivering strong results while demonstrating his unwavering commitment and care for our cast members, and a genuine appreciation for the importance of the Disney Difference to our guests,” said Mr. Chapek. “I am certain he will take Disney’s Parks, Experiences and Products segment – home to some of our company’s most iconic and beloved businesses – to exciting new heights in the years to come.”
Said Mr. D’Amaro: “I want to thank Bob for giving me this opportunity and I look forward to following his record of driving innovation, value and growth as we deliver unforgettable experiences for our guests. It is an incredible honor to lead our team of talented and dedicated cast members around the globe, who go above-and-beyond every single day. Even during this challenging time, their enthusiasm for what we do is unwavering, and my goal is to bring our cast members back to work as soon as possible so they can continue to create that magic.”
Ms. Campbell is a 23-year Disney veteran who has held leadership roles across the Company’s media, international and parks businesses and most recently served as President of Disneyland Resort. As Chairman, Direct-to-Consumer and International, Ms. Campbell will oversee the Company’s streaming businesses globally, including Disney+—which this month reached 54.5 million paid subscribers less than six months after its launch—as well as ESPN+, Hulu and Hotstar. Ms. Campbell’s portfolio also includes the Company’s international businesses, including Disney’s International Channels, Fox Networks International and Star India. Prior to becoming President of Disneyland Resort last year, Ms. Campbell was a member of the Direct-to-Consumer and International leadership team as President, The Walt Disney Company—Europe, Middle East and Africa (EMEA), where she oversaw the Disney+ launch strategy and direct-to-consumer roadmap for the region.
“As we look to grow our direct-to-consumer business and continue to expand into new markets, I can think of no one better suited to lead this effort than Rebecca,” Mr. Chapek said. “She is an exceptionally talented and dedicated leader with a wealth of experience in media, operations and international businesses. She played a critical role in the launch of Disney+ globally while overseeing the EMEA region, and her strong business acumen and creative vision will be invaluable in taking our successful and well-established streaming services into the future.”
Said Ms. Campbell: “Having been a part of the Direct-to-Consumer and International leadership team, I know what a stellar group it is, and I’m honored to be able to lead the organization during this dynamic and exciting time. Armed with the best creative content engines and technology teams in the industry, I am extremely confident in our ability to continue growing the business around the globe.”
Ms. Campbell succeeds longtime Disney executive Kevin Mayer, who is leaving the Company to become Chief Operating Officer of ByteDance and Chief Executive Officer of TikTok, ByteDance’s popular mobile video platform. Mr. Mayer led Disney’s Direct-to-Consumer and International segment since its founding in 2018 and oversaw the successful launches of ESPN+ and Disney+ and the integration of Hulu. During his career at Disney, Mr. Mayer also served as the Company’s Chief Strategy Officer and was instrumental in facilitating a number of strategic acquisitions, including the acquisition of 21st Century Fox.
“Kevin has had an extraordinary impact on our company over the years, most recently as head of our direct-to-consumer business,” said Mr. Chapek. “He has done a masterful job of overseeing and growing our portfolio of streaming services, while bringing together the creative and technological assets required to launch the hugely successful Disney+ globally. Having worked alongside Kevin for many years on the senior management team, I am enormously grateful to him for his support and friendship and wish him tremendous success going forward.”
Mr. Mayer said: “I am very proud of what our extraordinarily talented Direct-to-Consumer and International team has accomplished in creating and delivering a world-class portfolio of streaming services, particularly Disney+. Rebecca was a critical member of the DTCI team from its inception, and I am certain the business is in great hands and will continue to expand and thrive under her expert leadership. It’s truly been a privilege for me to be part of the iconic Walt Disney Company, and I am enormously grateful to Bob Iger for his trust and confidence, and to Bob Chapek and his senior management team for their collaboration and support over the years.”