An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
The Walt Disney Company Extends Chief Financial Officer Christine M. McCarthy’s Contract Through June 30, 2024
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary
The Walt Disney Company (NYSE: DIS) has extended Christine M. McCarthy’s contract as Senior Executive Vice President and Chief Financial Officer until June 30, 2024. McCarthy, a 22-year veteran of the company, has served as CFO since 2015. CEO Bob Chapek praised her critical role in navigating the firm through challenging times and her contributions to Disney’s growth. McCarthy oversees a broad range of financial operations and expressed her commitment to advancing the company’s strategic initiatives to enhance shareholder value.
Positive
Contract extension for CFO Christine M. McCarthy until June 30, 2024.
Recognition of McCarthy's leadership during challenging times, especially during the pandemic.
CFO oversees diverse financial operations, indicating strong financial management.
Negative
None.
BURBANK, Calif.--(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.
Christine McCarthy (Photo: Business Wire)
“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.”
David Jefferson Corporate Communications
(818) 560-4832
Source: The Walt Disney Company
FAQ
What is the significance of Christine McCarthy's contract extension at Disney?
Christine McCarthy's contract extension ensures continuity in financial leadership at Disney, which is crucial for strategic initiatives and shareholder value.
When does Christine McCarthy's contract as CFO of Disney expire?
Christine McCarthy's contract as CFO has been extended to June 30, 2024.
Who announced the contract extension for Disney's CFO?
The contract extension for Disney's CFO, Christine McCarthy, was announced by CEO Bob Chapek.
What has been Christine McCarthy's role in Disney since 2015?
Christine McCarthy has served as the Chief Financial Officer of Disney since 2015, overseeing the company's worldwide finance organization.
How long has Christine McCarthy been with Disney?
Christine McCarthy has been with The Walt Disney Company for 22 years.
