disney world president – A Blog About Disney Stuff

We reported yesterday that The Walt Disney Company shifted around their executives to form a new leadership team.

@joshdamaro on Instagram

This change-up moved Josh D’Amaro to the Chairman of Disney Parks, Experiences, and Products, and named new presidents for both Disney World and Disneyland. Former Disneyland President, Rebecca Campbell, is stepping into the role of Chairman for the Direct-To Consumer sector and analysts shared their concerns with this recent change.

Campbell is taking over the chairman role previously held by Kevin Mayer. However, Mayer recently stepped down to become the CEO of TikTok and COO of its parent company.

According to the Hollywood Reporter, Loop Capital analyst, Alan Gould, downgraded his rating of Disney from “buy” to “hold.” He explained by stating, “we believe the bounce-back from the pandemic will take longer than the Street is currently estimating, the stock is approaching our price target, and the uncertainty is exacerbated by the loss of Kevin Mayer.”

Jesse Grant/Getty Images for Disney

He referred to Mayer as “”the architect of the Disney+ launch” and Bernstein analyst, Todd Juenger, referred to Mayer’s successor, Campbell, by stating, “She joins the business at a moment where the already thin original content pipeline has dwindled to essentially ‘nothing.’”

He continued, “There are also vitally important strategic decisions to be made on the future of Hulu…She will not have the luxury of time to contemplate most of these tough decisions.”

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Jeunger also posed questions about the changes including “Why put somebody from parks in charge of the future of streaming? Given the crucial and transformative role of streaming to Disney’s future, many investors were surprised that Disney didn’t name someone from the streaming side as CEO. Now, Disney hasn’t even named someone from the streaming side to be in charge of streaming.”

©Disney

Juenger continues to explain that if Disney had looked for someone with a deeper streaming background, the “very short list” would have been expensive individuals who are not looking to change jobs right now. He stated this was a “cold comfort for nervous investors who now have a surprise departure and unfamiliar replacement in charge of the division most associated with Disney’s future.”

©ESPN

Juenger explained that investors are already concerned about a new risk that they are unfamiliar with. He expressed concern with Disney’s limited “visibility” for roles apart from CEO and CFO, so he is hoping Disney will work to connect Campbell with investors to help ease their uncertainty during this transition.

What do you think of the new Disney Company transitions? Let us know in the comments!

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We’ve seen a lot of Disney World president Josh D’Amaro over the past few weeks as he’s sent us some friendly messaging during the Disney World closure.

©Disney

Now, Josh D’Amaro is no longer leading Disney World. In a press release today, Disney announced its new leadership team, including D’Amaro moving into the position of Chairman of Disney Parks, Experiences and Products — the role previously held by the current CEO of the Walt Disney Company, Bob Chapek.

The new position will take D’Amaro from overseeing the operations of Walt Disney World resort to overseeing the entirety of Disney’s travel and leisure businesses including all six international theme parks, Disney Cruise Line, Disney Vacation Club, and Adventures by Disney. He will also head all of Disney’s global consumer product operations including their licensing business, children’s print publisher, the Disney Store, and shopDisney.

@joshdamaro on Instagram

The Chairman position reports directly to the CEO, and Chapek commented on his happiness with D’Amaro filling his old role. Of the leadership shift, Chapek said, “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.”

D’Amaro made a statement on his new position explaining, “I look forward to following [Chapek’s] 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.”

©Josh D’Amaro

D’Amaro isn’t the only one to receive a new position either. In fact, the new leadership team includes several new faces. Rebecca Campbell, previously the President of Disneyland, is moving into the position of Chairman for Direct-to-Consumer and International. She will oversee the company’s streaming businesses (Disney+, ESPN+, Hulu, and Hotstar) as well as Disney’s International Channels, Fox Networks International, and Star India.

Replacing the two executives are Jeff Vahle, formerly the President of Disney Signature Experiences, as the new President of Walt Disney World and Ken Potrock, formerly the President of Consumer Products, as the new President of Disneyland.

Other new appointments on the leadership team include Kareem Daniel (former President of Walt Disney Imagineering Operations/Product Creation/Publishing/Games) replacing Potrock as the President of Consumer Products, Games and Publishing and Thomas Mazloum (former Senior Vice President of Resort and Transportation Operations at Disney World) replacing Vahle as the President of Disney Signature Experiences.

Sleeping Beauty Castle

We will be keeping a close eye out for statements from the new executive team and will report in on any developments as the team settles into their new roles.

What do you think of the new leadership appointments? Tell us in the comments!

From our friends at www.disneyfoodblog.com
Filed Under: Disney News, disney parks, Disney+, Featured, News, bob chapek, Chairman Direct-to-Consumer and Internional, Chairman of Disney Parks Experiences and Products, disney ceo, disney executives, disney world president, disneyland president, josh d’amaro, Leadership Team, Rebecca Campbell, the walt disney company, Walt disney Company Leadership Team