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Christine McCarthy, executive vp and CFO of The Walt Disney Co., has signed a contract extension that will see her overseeing the entertainment giant’s finances through 2022. The extension was disclosed in a regulatory filing Monday.
McCarthy’s previous contract, which was signed in 2017, was set to end June 30, 2021.
“The company and its shareholders will greatly benefit from Christine’s continued leadership and experience as we accelerate our direct-to-consumer strategy and continue to navigate through the unique challenges of the COVID-19 pandemic, and we are thrilled that she has agreed to extend her tenure,” said Disney CEO Bob Chapek in a statement to The Hollywood Reporter.
McCarthy is a Disney veteran, having been its CFO since 2015 and its treasurer for 15 years before that. She joined Disney in 2000 and previously served as CFO of Imperial Bancorp.
In addition to overseeing Disney’s finances, McCarthy has oversight of investor relations, corporate real estate, corporate strategy, the company’s enterprise technology and its social responsibility efforts, among other areas.
McCarthy is one of Disney’s key executives and is typically the one diving into the company’s financials during its quarterly earnings calls with analysts. Her extension gives the senior leadership team of the company stability through 2022, with Disney CEO Bob Chapek’s contract running through the end of February 2023.
Disney chairman Bob Iger’s deal with the company is set to end next year, as is that of Disney executive vp, secretary and general counsel Alan Braverman.
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