Big news for the Walt Disney Company! Josh D’Amaro has been announced as the new Chief Executive Officer, and Dana Walden will become the President and Chief Creative Officer, as current CEO Bob Iger steps down and retires.
©Disney
Disney has revealed the pay packages for the new executives, and Variety is breaking down what each one is getting.
D’Amaro will have an annual base salary of $2.5 million. He will then be eligible for an annual, performance-based bonus with a target equal to 250% of that annual base salary. For each fiscal year that D’Amaro serves as CEO, he will also be given a long-term stock incentive of $26.2 million. D’Amaro will also receive a one-time long-term incentive award with a target value of $9.7 million due to this promotion.
Kermit, Miss Piggy, and Josh D’Amaro at the 2023 Destination D23 fan convention.
Walden is entering into an employment agreement set to expire in March 2030 with an annual base salary of $3.75 million. She will also be eligible for an annual, performance-based bonus with a target equal to 200% of that annual base salary. Walden will receive a long-term stock award of $15.75 million for each full fiscal year during her president and CCO tenure. She will also receive a one-time, long-term incentive award valued at $5.26 million for her promotion.
Dana Walden ©Disney
With the bonus, D’Amaro’s initial annual package will be around $38 million, and Walden’s will be about $24 million.
Josh D’Amaro at Destination D23, 2023 ©Disney
Both D’Amaro and Walden will start their positions on March 18th at The Walt Disney Company’s annual meeting. Iger will transition to serving as a senior advisor to the Disney board until his official retirement in December 2026.
Make sure you keep following Disney Food Blog for more.
FULL LIST OF WHAT’S COMING TO DISNEY WORLD IN 2026
Join the DFB Newsletter to get all the breaking news right in your inbox! Click here to Subscribe!
WE KNOW DISNEY.
YOU CAN, TOO.
Oh boy, planning a Disney trip can be quite the adventure, and we totally get it! But fear not, dear friends, we compiled EVERYTHING you need (and the things to avoid!) to plan the ULTIMATE Disney vacation.
Whether you're a rookie or a seasoned pro, our insider tips and tricks will have you exploring the parks like never before. So come along with us, and get planning your most magical vacation ever!
Our handy (and portable!) ebook guides make sure you get the best deals and can plan a vacation of a lifetime.
TRENDING NOW
Disney has just dropped some MAJOR updates -- see them all right here!
There’s a secret soda flavor at Disney World…and it’s not in the parks!
Disney just announced two MORE temporary closures for Disney's Animal Kingdom.
These products will save your next park day and make your home so much more...
Disney has shared some major updates about its search for the next CEO!
If you're heading to EPCOT soon, you need to know about these four rules that...
There's a new Florida resident discounts on Disney World Annual Passes!
Do you really need to purchase a MagicBand to vacation at Disney World? Let's go...
A Disney World has reopened EARLY and we're bringing you with us to check it...
Could a certain style of queue be on its way back?
Some Disney World rules are changing in 2026.
Gideon's Bakehouse is opening a new restaurant at Disney Springs and it's a sign of...
Okay, it's finally time we talk about it -- we have a MAJOR issue with...
This will make staying hydrated in Disney World SO much easier.
You could win a chance to stay in the Cinderella Castle Suite AND support a...
Disney World restaurants changed this week.
Did you know these hidden Easter Eggs were all around Disneyland Resort?
We've gotta be honest -- we NEED people to stop doing these eight cringey things...
You won't want to miss out on the HUGE savings of this new Disney+ subscriber...
We finally have a reopening date for "it's a small world" in Disneyland!