American City Business Journals
Disney extends CFO Christine McCarthy’s contract
The Walt Disney Company has extended the contract of CFO Christine McCarthy through June 30, 2024. As CFO and senior executive vice president since 2015, McCarthy oversees the company’s worldwide finance organization, including 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. Disney (NYSE: DIS) CEO Bob Chapek, who took his role in February 2020, just as the Covid-19 outbreak began worldwide and shortly after Disney launched its streaming service, Disney+, said McCarthy helped the entertainment giant “navigate the most difficult days of the pandemic” as the company shut down, then navigated the reopening of, its amusement parks and explored streaming new movie releases when faced with closed theaters, a practice that drew pushback from “Black Widow” star Scarlett Johansson.
