Walt Disney’s Chief Monetary Officer Christine McCarthy is taking a household medical depart of absence, stepping down from her position on the world’s largest leisure firm.
She shall be changed on an interim foundation by Kevin Lansberry, the CFO of Disney’s theme parks division, the corporate mentioned in an announcement Thursday. The change is efficient July 1. She is going to proceed to function a strategic adviser.
“Though I’m leaving the CFO position, I sit up for serving to with the transition and can at all times be rooting for the success of my prolonged Disney household,” McCarthy mentioned within the assertion.
McCarthy, 67, joined Disney in 2000 and was elevated to CFO in 2015. In that position she helped full the corporate’s $71 billion acquisition of Fox’s leisure property in addition to navigate the pandemic that shut down a lot of Disney’s enterprise globally. McCarthy pushed internally for former Disney Chief Govt Officer Bob Iger to return to that position in November. She’s a board member at Procter & Gamble Co.
Within the assertion, Iger praised McCarthy’s contributions to the corporate, saying she was “a task mannequin for girls at each stage of enterprise — not simply at Disney, however all over the world.”
Lansberry can also be a Disney veteran, having labored on the firm for 3 a long time.
Disney shares fell lower than 1% in after-hours buying and selling.