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Disney Extends Contract Of CFO & 22-Year Co. Veteran Christine M. McCarthy Through June 30, 2024

By John F. Heerdink, Jr.

As per reports, the Walt Disney Company (DIS) has extended Christine M. McCarthy’s contract as Senior Executive Vice President and Chief Financial Officer through June 30, 2024. Ms. McCarthy, a 22-year veteran of the Company first joined Disney in 2000, and prior to becoming CFO in 2015, she was Executive Vice President, Corporate Real Estate, Alliances, and Treasurer.

“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. Her expertise, judgment, and relationships are true assets to the Company, and I am grateful to have her as a valued partner,” stated CEO Mr. Bob Chapek.
 
“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. 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, ” stated Ms. McCarthy, whose contract previously had been set to expire at the end of 2022.

As CFO, Ms. McCarthy looks after the Company’s worldwide finance organization, which includes brand and franchise management, corporate real estate, corporate alliances and partnerships, corporate strategy and business development, enterprise technology, enterprise controllership, financial planning and analysis, investor relations, global product and labor standards, risk management, tax, and treasury.


Dow 30 Component, The Walt Disney Company (DIS), and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. To learn more about this Dow 30 Component, The Walt Disney Company (DIS), and to continue to track its progress please visit the Vista Partners Walt Disney Company, Coverage Page.


Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: The Walt Disney Company Extends Chief Financial Officer Christine M. McCarthy’s Contract Through June 30, 2024 in Business Wire)


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