The Walt Disney Company Extends Chief Financial Officer Christine M. McCarthy’s Contract Through June 30, 2024
December 21 2021 - 03:30PM
Business Wire
The Walt Disney Company (NYSE: DIS) has extended Christine M.
McCarthy’s contract as Senior Executive Vice President and Chief
Financial Officer through June 30, 2024, it was announced today by
Bob Chapek, Chief Executive Officer. Ms. McCarthy is a 22-year
veteran of the Company and has served as CFO since 2015.
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Christine McCarthy (Photo: Business
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“Christine’s leadership has been indispensable during this time
of disruption and transformation, and her impact reaches well
beyond our balance sheet. She has been instrumental to Disney’s
growth and helped us navigate the most difficult days of the
pandemic,” Mr. Chapek said. “Her expertise, judgment, and
relationships are true assets to the Company, and I am grateful to
have her as a valued partner.”
“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,” said Ms. McCarthy, whose contract previously
had been set to expire at the end of 2022. “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.”
As CFO, Ms. McCarthy oversees the Company’s worldwide finance
organization, which includes brand and franchise management,
corporate alliances and partnerships, corporate real estate,
corporate strategy and business development, enterprise
controllership, enterprise technology, financial planning and
analysis, global product and labor standards, investor relations,
risk management, tax, and treasury.
Ms. McCarthy first joined Disney in 2000, and prior to becoming
CFO in 2015, she was Executive Vice President, Corporate Real
Estate, Alliances and Treasurer. She currently serves on the Board
of Directors of The Procter & Gamble Company and FM Global, and
is a Trustee of Carnegie Institution for Science. She has received
numerous awards and has been named multiple times to Treasury &
Risk’s “100 Most Influential People in Finance,” the Top 100 Irish
American Business Leaders, and Business Insider’s “The 15 Most
Influential Women in Finance.” In 2015, she was the recipient of
Treasury Today’s Adam Smith “Woman of the Year” award. In 2016, she
received Los Angeles Business Journal’s “Executive of the Year”
award and was honored as one of the Entertainment Diversity
Council’s “Top 50 Most Powerful Women in Entertainment.”
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