Disney's Josh D'Amaro to become CEO as he and Bob Iger speak with David Muir

Josh D'Amaro, named Disney's next CEO effective in March, and current CEO Bob Iger discussed the leadership transition, the company's future and plans around artificial intelligence in an ABC News interview.

Josh D'Amaro and Bob Iger spoke with ABC News anchor David Muir after D'Amaro was named The Walt Disney Company's next chief executive. The appointment is effective in March. The interview addressed the leadership transition, Disney's future direction and the company's approach to artificial intelligence. Disney is the parent company of ABC News. What we know: - Josh D'Amaro was named Disney's next CEO and will assume the role in March. - D'Amaro currently chairs Disney's experiences unit and has worked at the company since 1998, including leadership roles at Disneyland Resort and Walt Disney World Resort. - Bob Iger said the next CEO must appreciate Disney's wide cultural reach and balance legacy with innovation. - Disney announced a planned $1 billion investment in the artificial intelligence company OpenAI, and D'Amaro and Iger discussed AI as part of the company's plans. - Dana Walden, head of Disney's entertainment business, was announced as The Walt Disney Company's president and chief creative officer. Summary: The scheduled leadership handover will place D'Amaro in the CEO role in March while Iger winds down his tenure. The company has signaled continued emphasis on creative leadership and technology, including a major AI investment and an internal promotion to chief creative officer. Undetermined at this time