Josh D’Amaro is set to become DisneyS next chief executive, succeeding Bob Iger on March 18, 2026, in a move accompanied by a notable financial package. Details released today reveal D’Amaro’s compensation will total approximately $38.455 million, equivalent to nearly 372 million Norwegian kroner, sparking renewed discussion around executive pay in teh entertainment sector. The incoming CEO, a Disney veteran of 26 years, will also join the company’s board of directors following the annual meeting.
Disney’s new CEO, Josh D’Amaro, is set to receive a compensation package worth nearly $372 million, including a signing bonus exceeding $9.7 million.
Josh D’Amaro has been appointed the new CEO of the entertainment giant, a move that comes with a substantial financial package.
D’Amaro, who has been with the Disney company since 1998, is in for a lucrative deal.
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Salary, Bonus, and More
D’Amaro will receive a base salary of $2.5 million.
He is also eligible for a bonus program potentially worth up to $26.25 million annually, primarily in stock or stock options, according to a filing with the U.S. Securities and Exchange Commission (SECSECSecurities and Exchange Commission).
In addition, Disney is recommending a signing bonus of $9.705 million.
Combined, the salary, bonus, and signing bonus total a compensation package of $38.455 million, which is equivalent to nearly $372 million Norwegian kroner. The news comes as executive compensation continues to be a topic of discussion within the entertainment industry.
Stock Sees a Boost
D’Amaro will officially assume his role on March 18, 2026, succeeding Bob A. Iger, who has served as Disney’s CEO for several years.
The board also intends to appoint him to the board of directors following the annual meeting on the same date, according to a press release.
The new CEO possesses “a rare combination of inspiring leadership and innovation” and has “a keen eye for strategic growth opportunities and a deep passion for the Disney brand and its employees,” according to board chairman James Gorman.
Disney stock is up 1.2 percent in pre-market trading on Wall Street as of 3:00 PM Norwegian time. The company has a market capitalization of approximately $185.2 billion, or around 1.7956 trillion Norwegian kroner.
