Investing.com -- Disney is ready for a leadership change, said CEO Bob Iger as he highlighted the company's achievements and growth potential during Monday's quarterly earnings report.

"I'm incredibly proud of all that we've accomplished over the past three years to set Disney on the path to continued growth. I'm inspired and energized by the opportunities ahead for this wonderful company," Iger told investors on Monday.

This transition follows a failed succession plan involving former parks boss Bob Chapek, who was selected as CEO in 2020 but fired 2.5 years later, with many of his changes subsequently reversed.

"When I came back three years ago, I had a tremendous amount that needed fixing," Iger said. "But anyone who runs a company also knows that it can't just be about fixing. It has to be preparing a company for its future."

Disney exceeded Wall Street expectations for both revenue and earnings in its fiscal first quarter. The experiences division, which includes theme parks, resorts and cruises, achieved a milestone by recording more than $10 billion in quarterly revenue for the first time.

Josh D'Amaro, Chairman of Disney Experiences, is reportedly among the frontrunners for the CEO position. Dana Walden, Co-Chairman of Entertainment, is also among those under consideration. Former Morgan Stanley CEO James Gorman has been leading the succession selection process.

The Disney board is meeting as soon as this week and is expected to vote on its next CEO, CNBC reported on Monday. The company previously announced it would name Iger's replacement in the first quarter of this year.