Disney CFO Christine McCarthy Stepping Down For Family Medical Leave; Company Vet Kevin Lansberry Named Interim Replacement

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Christine McCarthy, a significant figure in Disney’s senior management team in recent years, is stepping down and taking a medical leave of absence from the company

’s senior management team in recent years, is stepping down and taking a medical leave of absence from the company.of Disney Parks, Experiences and Products, will serve as the company’s Interim CFO, effective July 1, CEO Bob Iger announced. McCarthy will continue as a strategic advisor to the company during her leave and will assist with the process of identifying and onboarding a long-term successor to ensure a smooth and successful transition.

“Christine McCarthy is one of the most admired financial executives in America, and her impact on The Walt Disney Company during 23 years of dedicated service cannot be overstated,” Iger said. “Christine has served as a key strategic anchor during a period of great transformation, and she and I have discussed her desire to ensure an orderly and successful CFO succession in advance of the company’s transition to its next chief executive officer.

Lansberry has agreed to serve as Interim CFO while a thorough search of internal and external candidates is conducted for a permanent replacement. “Kevin has been with the company for more than three decades and is a trusted lieutenant to Christine. Having expertly served as CFO at our largest business segment since 2017, he has my complete confidence, and I look forward to working with him during this transition,” Iger said.

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Source: CNBC - 🏆 12. / 72 Read more »