Photo: AFP / Getty Images / Kevin Dietsch

The Walt Disney Company announced on Tuesday (US time) that Josh D'Amaro, head of its theme parks division, will replace Bob Iger as chief executive when the entertainment titan steps down in March.

D'Amaro, 54, will take the helm on 18 March following a unanimous board vote, the company said. He will succeed Iger, who has led Disney for nearly two decades across two separate stints.

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