Iger will continue at the company as a senior advisor and board member for the rest of the year.
D'Amaro, 55, spent 28 years at Walt Disney before taking the top job. Since 2020, he has been responsible for the Disney Experiences business area, which operates theme parks and cruises, and markets consumer products.
The Walt Disney Company, perhaps best known for its film and television operations, reported on Monday revenue of €26 billion, resulting in earnings per share of $1.63 for the first quarter of the current fiscal year. The stock fell on the New York Stock Exchange after the report, which included an unexpectedly weak forecast for the current quarter.
