Disney CEO D'Amaro Expresses Concern Over Stock Price, Parks Division Performance

Disney CEO Josh D'Amaro shared his thoughts on the company's performance at the D23 fan event. He took over as CEO in March, replacing Bob Iger after a long succession race.

D'Amaro stated that Disney's parks division was a 'big surprise' last quarter, which may sound minor but theme parks are a significant profit driver for the company.

As he ran Disney Experiences before becoming CEO, D'Amaro is familiar with this part of the business. He emphasized stability and said Disney knows what it's doing.

D'Amaro expressed dissatisfaction with the current stock price, saying 'I'm not happy with where the stock is right now.' However, he believes Disney is in a strong position compared to the entertainment industry as a whole.