Disney Names Its Theme Parks Chief as Bob Iger’s Successor

WSJ What’s News

The Wall Street Journal

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🗓️ 3 February 2026

⏱️ 14 minutes

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Summary

P.M. Edition for Feb. 3. Disney has chosen Josh D’Amaro to succeed Bob Iger as its CEO. WSJ entertainment reporter Ben Fritz discusses how the theme parks executive is likely to approach the role and how investors are reacting. Plus, the House approved a measure to end the partial government shutdown, but the negotiations over immigration enforcement aren’t over yet. And in Argentina, decades of financial crises mean people have kept a stash of billions of U.S. dollars. We hear from WSJ reporter Samantha Pearson about why Argentina’s President Javier Milei is trying to get citizens to put them in the bank. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:00.0	I think the potential of Agenic is to rethink how work gets done overall.
0:05.0	It challenges all sorts of traditional orthodoxies around how organizations execute the work at hand.
0:11.3	That's Jason Gersatus, CEO of Deloitte U.S., talking about the transformational potential of A.Gentic AI.
0:17.9	Join him later to learn why agents are a game changer for businesses across industries.
0:26.5	Disney names its head of theme parks and cruise ships as the new successor to CEO Bob Eiger.
0:32.0	They've tried to set Josh Romero up for success. He's going to officially take over from Bob
0:36.7	Iger in March, and Iger will remain on the board until December, at which point He's going to officially take over from Bob Agar in March,
0:37.7	and Agar will remain on the board until December, at which point he's supposed to be completely
0:41.3	gone. Plus, Walmart hits a $1 trillion market cap while software stocks sell off. And the House
0:47.8	votes to end the government shutdown. But for negotiations over immigration enforcement,
0:52.1	it's just the start. It's Tuesday, February 3rd.
0:55.6	I'm Alex O'SLev for the Wall Street Journal. This is the PM edition of What's News, the top headlines
1:01.1	and business stories that move the world today. Disney has named Josh DeMorrow as its new CEO, putting the man who has been in charge of its theme parks and cruise ships
1:15.6	atop America's best-known entertainment brand. I'm joined now by WSJ Entertainment Reporter Ben Fritz. Ben,
1:22.2	DeMorrow has worked at Disney for 28 years. He spent most of that time working on theme parks. How does that prepare him for the
1:28.6	CEO role? Well, theme parks have become Disney's most important business. They now, together with
1:34.7	consumer products, which Josh Romero also oversees, account for the majority of Disney's profits,
1:40.1	which is a big change. It used to be television. So he now knows very well the most important
1:45.6	business for Disney. Obviously, DeMara has less experience in the entertainment side of Disney,
1:51.3	the movies and television, but people who've worked with him said he gets along really well
1:55.6	to creative talent. And of course, Disney has appointed one of its top entertainment
2:00.5	executives Dana Walden to be president, and she's going to work closely with him.
	...

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