Disney’s incoming chief executive, Josh D’Amaro, is set to receive a compensation package worth about $38 million as he prepares to take over from longtime CEO Bob Iger next month.
D’Amaro, who currently heads Disney’s theme parks and experiences division, will earn a base salary of $2.5 million annually, according to filings with the U.S. Securities and Exchange Commission. He will also receive a one-time bonus of $9.75 million when he formally assumes the role.
In addition, D’Amaro will be awarded $26.2 million in long-term stock incentives each year, along with an annual performance bonus of up to 250% of his base salary, provided he meets specified targets.
Disney’s board announced on Tuesday that D’Amaro would succeed Iger, with the leadership transition scheduled for next month. Iger will officially step down on March 18, move into a senior adviser role, and remain on Disney’s board until December 31, after which he will fully retire.
D’Amaro is widely viewed as a popular choice among Disney employees and park-level leadership. Known for his hands-on management style, he is frequently seen in the company’s parks, engaging directly with staff and reinforcing Disney’s internal culture.
Meanwhile, Dana Walden, Disney Entertainment’s co-chair and long considered a leading contender for the CEO role, will take on a newly created position as president and chief creative officer. Her compensation package is valued at $24 million.
Walden’s contract includes a $3.75 million annual base salary, a one-time award of $5.26 million, and annual stock grants worth $15.75 million. She will also be eligible for a bonus of up to 200 per cent of her base salary, as well as a performance-based “hit series bonus” tied to the success of Disney’s original content.
Her contract runs through March 17, 2030.
Since joining Disney in 2019 through the Fox acquisition, Walden has overseen the company’s television, streaming, and content operations. She has been credited with helping stabilise Disney’s entertainment business during a period marked by cost-cutting, strategic shifts, and intense competition in the global media landscape.
