Disney named Josh D’Amaro, as its new CEO

 Disney named theme parks boss, Josh D’Amaro, as its new CEO. For the first time since 2005, Disney’s CEO will not be named Bob. Following months of speculation, the Mouse House tapped Josh D’Amaro, the head of its parks business, as CEO effective March 18, succeeding Bob Iger. Meanwhile, Dana Walden—the company’s entertainment co-chair who was widely seen as the runner-up to D’Amaro—was promoted to president and chief creative officer. The elevation of D’Amaro coincides with Disney’s theme parks business becoming its biggest profit center, well ahead of movies and TV. The company’s experiences unit, which includes parks and cruises, reported a record $10 billion in profit last quarter.