San Francisco Mayor Daniel Lurie is leveraging major events like Super Bowl LX to revitalize the city's post-pandemic economy, while Disney is preparing for a leadership transition as Josh D'Amaro is set to become the new CEO in March. These developments unfolded amidst a backdrop of economic challenges and political pressures facing various industries.
Lurie, who took office in 2025, has been focused on shaking San Francisco out of its economic slump, according to Fortune. As chairman of the city's host committee in 2013, Lurie persuaded the NFL to bring the Super Bowl to Levi's Stadium. The Super Bowl is projected to bring a $440 million windfall to the city. Lurie, an heir to the Levi Strauss family fortune and former head of an anti-poverty non-profit, is using his connections to attract new businesses and address high vacancy rates and issues with homelessness and open-air drug markets. The upcoming FIFA World Cup is also expected to provide a significant economic boost to the Bay Area, particularly San Francisco, according to multiple news sources.
Meanwhile, at Disney, Josh D'Amaro is poised to take over as CEO in March, succeeding Bob Iger. D'Amaro's pay package is valued at approximately $45 million for his first year, Fortune reported. Iger will step down from the board's executive committee after the annual shareholder meeting on March 18 and will depart completely at the end of the year. After D'Amaro takes over, Iger will transition into an advisory role, reporting exclusively to the new CEO. Multiple news sources indicate that this transition comes amidst political pressures facing media companies.
In other news, Netflix CEO Ted Sarandos testified before the Senate regarding antitrust concerns and accusations of "woke" content related to the company's attempt to buy Warner Bros. Discovery, according to Vox. The US is also facing a growing intimacy crisis, particularly among Gen Z, as reported by multiple news sources.
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