Cynthia Littleton Business Editor In another shocker for the Walt Disney Co., Christine McCarthy is stepping down from her role as executive VP and chief financial officer and will take a family medical leave, Disney said Thursday.
Kevin Lansberry has been named interim CFO for the media giant as of July 1. “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,” Disney CEO Bob 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.
She is stepping down from her CFO role as she takes family medical leave, but has graciously offered to move into an advisory position to assist her successor in assuming the duties she has so expertly handled these many years.” McCarthy joined Disney as treasurer in 2000 and was upped to CFO in 2015.
She has emerged as an enormously influential lieutenant to Iger. She also played a big role in the shakeup last November that ended Bob Chapek’s two-year tenure as CEO and brought Iger back to the chief executive slot.
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