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“A valued partner”: Walt Disney Company extends CFO Christine McCarthy’s contract until 2024

Credit: Disney

The Walt Disney Company has just extended its contract with Senior Executive Vice President and Chief Financial Officer Christine McCarthy set to expire at the end of this month. The contract now reaches through June 30, 2024.

Credit: Disney

McCarthy has been with The Walt Disney Company for 22 years and has served as Chief Financial Officer since 2015.

As CFO, she is responsible for The Walt Disney Company’s global finances, which encompass the company’s partnerships and corporate alliances, as well as its corporate real estate, financial planning, enterprise controllership, new business development, enterprise technology, investor relations, and so much more.

Ms. McCarthy works closely with Chief Executive Officer Bob Chapek, joining him on Disney’s quarterly earnings calls with analysts from Wall Street.

Disney+ subscriber growth slowed notably in latest quarter, putting  pressure on the company. - The New York Times

Credit: The New York Times

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Chapek recently gave an interview during which he praised Ms. McCarthy’s leadership and impact, calling her a “valued partner.”

“Christine’s leadership has been indispensable during this time of disruption and transformation, and her impact reaches well beyond our balance sheet,” Disney’s CEO said. “She has been instrumental to Disney’s growth and helped us navigate the most difficult days of the pandemic. Her expertise, judgment, and relationships are true assets to the Company, and I am grateful to have her as a valued partner.”

McCarthy first joined the Walt Disney Company in 2000, first serving as Executive Vice President, Corporate Real Estate, Alliances, and as Treasurer.

Ms. McCarthy has a resume full of accolades. She currently serves on the board for Procter & Gamble. She has also been named as one of Business Insider’s “15 Most Influential Women in Finance. Five years ago, she received the Los Angeles Business Journal’s Executive of the Year award, and she was also honored as one of the Entertainment Diversity Council’s Top 50 Most Powerful Women in Entertainment.

Ms. McCarthy says she sees her position with The Walt Disney Company as a privilege.

Credit: Disney

It is an incredible privilege to serve as CFO of this great company, and I am thankful for the opportunity to continue working with Bob Chapek and the entire senior management team as we advance the company’s strategic initiatives with an eye toward delivering shareholder value,” Ms. McCarthy shared. “I am proud of Disney’s world-class financial organization and all it has achieved, and look forward to building on the team’s success in the years ahead.”

 

About Becky Burkett

Becky's from the Lone Star State and has been writing since she was 10 and encountered her first Disney Park when she was 11. It was love at first Main Street Electrical Parade. Joy is blank lined journals, 0.7 mm pens, and all things Walt, Woody and Buzz, PIXAR, Imagineering, Sleeping Beauty (make it blue!), Disney Parks history and EPCOT. At Disney World, you'll find her croonin' with the birdies at the Enchanted Tiki Room or hangin' with Woody and the gang at Toy Story Land. If you can dream, you really can do it!