As Josh D’Maro prepares to take over the role of CEO at Disney, he is expected to receive a pay package totaling around $38 million.
Josh D’Amaro, Disney Experiences chairman, who has been named the next CEO of The Walt Disney Company, and Disney Entertainment co-chairman Dana Walden, who has been named the next president and chief creative officer, pose for a photo with Walt Disney Company CEO Bob Iger and James P. Gorman, chairman of Disney (Disney).The remuneration includes an annual base salary of $2.5 million, and a one-time award of $9.75 million upon his appointment to the position.
Under his new deal, D’Amaro will be entitled to $26.2 million in long-term stock incentives for each year he serves as CEO. In addition, he is eligible for an annual bonus of 250 percent of his base salary depending on the achievement of certain performance targets.
D’Amaro, chairman of the company’s experience division, is set to take over the role of CEO on March 18
D’Maro will take over from Iger, who will step down from the top job again in 2022, three years after returning to the company.
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What is Bob Iger’s salary package at Disney?At that time, Iger will transition to a senior advisor role for the company and will remain on the board until the end of 2026. As of 2025, Iger’s pay package was $45.8 million, including $1 million in salary, $21 million in stock awards, $14 million in option awards, $7.25 million in bonuses and another $25 million in incentives. Compensation
D’Marro’s appointment follows an extensive search process that spanned several years. The search was conducted by the Disney board’s succession planning committee, chaired by Gorman, who began his own search for a successor after his 18-year tenure as CEO of Morgan Stanley. The committee includes directors Mary Barra, Jeremy Darroch and Calvin Macdonald.
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In fiscal year 2025, the Succession Planning Committee convened on five occasions. It provides reports to the entire board at each scheduled meeting and allocates time to meet without Iger’s presence if deemed necessary. Additionally, it engaged in succession negotiations with Iger present at least once a year.
