The Walt Disney Company has announced it has extended Christine M. McCarthy’s contract as Senior Executive Vice President and Chief Financial Officer through June 30, 2024.
McCarthy is a 22-year veteran of the Company and has served as CFO since 2015.
In her role, 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.
She also joins chief executive Bob Chapek regularly on Disney’s conference calls with Wall Street analysts, following quarterly earnings.
“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,” Chapek said during the announcement. “Her expertise, judgment and relationships are true assets to the Company, and I am grateful to have her as a valued partner.”
She has been named multiple times to Treasury & Risk’s 100 Most Influential People in Finance 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.
“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 McCarthy via the announcement. “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.”
Her contract previously had been set to expire at the end of 2022.