Disney's new chief executive, Josh D'Amaro, is slated to earn a comprehensive compensation package valued at roughly $38 million. This significant remuneration comprises an annual salary of $2.5 million, an initial one-time bonus of $9.75 million, and annual long-term stock incentives amounting to $26.2 million. Furthermore, D'Amaro is eligible for an annual performance-based bonus equivalent to 250 percent of his base salary, contingent upon achieving specific corporate objectives. This appointment marks a pivotal moment for Disney's leadership structure.
Concurrently, Dana Walden, who was also a contender for the top leadership role, has been promoted to President and Chief Creative Officer. In this new capacity, Walden will oversee Disney Entertainment, Hulu, Disney+, and marketing initiatives. Her compensation agreement includes an annual base salary of $3.75 million and a one-time award of $5.26 million. She is also eligible for an annual bonus of 200 percent of her base salary and annual stock awards totaling $15.75 million. Both D'Amaro's and Walden's incentive packages are subject to approval by the compensation committee of Disney's board of directors, with Walden's total package estimated at around $24 million.
This leadership transition sees D'Amaro succeeding Bob Iger, who will step down from the chief executive role on March 18, 2026. Iger, who returned to the company in 2022, will continue his involvement with Disney as a senior advisor and board member until the end of 2026. The new compensation structures reflect the significant responsibilities and strategic vision expected from both D'Amaro and Walden as they steer Disney into its next chapter.
These strategic leadership appointments and their associated compensation packages underscore the value placed on experienced and visionary leadership in driving a global entertainment conglomerate like Disney. The careful structuring of these agreements, with a blend of fixed salary, one-time bonuses, and performance-linked incentives, aims to align executive interests with the long-term success and shareholder value of the company. Such robust leadership is essential for navigating the dynamic challenges and opportunities within the entertainment industry, fostering innovation, and ensuring Disney's continued growth and impact on a global scale.