Christine McCarthy to Step Down as CFO at The Walt Disney Company

by | Jun 16, 2023 | Disney News, Disney Parks, News Outside the Parks, The Walt Disney Company

In a statement, The Walt Disney Company has shared that current CFO, Christine McCarthy, will be stepping down in early July.In November 2022, The Walt Disney Company experienced a major shake-up when it was announced that then-CEO Bob Chapek would be stepping down to be replaced by former CEO Bob Iger. This week, the Company announced another change in leadership roles, sharing that CFO Christine McCarthy will be stepping down as Disney’s Chief Financial Officer this July.

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Christine McCarthy Stepping Down as Disney CFO

christine mccarthy cfo

Photo Courtesy of The Walt Disney Company

In a statement, The Walt Disney Company shared that Senior Executive Vice President and Chief Financial Officer Christine M. McCarthy would be stepping down from her role and taking a family leave of absence. CEO Bob Iger confirmed that McCarthy will continue as “a strategic advisor to the company” during her leave, and will assist with the process of identifying and onboarding her future successor.

Speaking of McCarthy’s time in the role, Iger shared that, “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. 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.”

Kevin Lansberry Named as Interim CFO

Photo Courtesy of The Walt Disney Company

Once McCarthy takes her leave, Kevin Lansberry, Executive Vice President and Chief Financial Officer of Disney Parks, Experiences, and Products, will serve as the Company’s Interim CFO, effective July 1st. “Kevin has been with the company for more than three decades and is a trusted lieutenant to Christine,” Iger said. “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.”

In his role as Interim CFO, Lansberry will “assume oversight of the company’s worldwide finance organization, which includes corporate alliances and partnerships, corporate real estate, corporate strategy and business development, enterprise controllership, enterprise technology, financial planning and analysis, global product and labor standards, global security, investor relations, risk management, tax, and treasury.”

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Posts by Morgan Flaherty

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Morgan is the Staff Editor for WDW Magazine. A lifelong Disney fan, her dream day involves just about anything to do with Animal Kingdom. Along with several years of experience writing about Disney, Morgan has also written as a contributing writer for Well + Good, Scary Mommy, Brit + Co, and Baby Chick.
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Authored by
Morgan Flaherty

Morgan is the Staff Editor for WDW Magazine. A lifelong Disney fan, her dream day involves just about anything to do with Animal Kingdom. Along with several years of experience writing about Disney, Morgan has also written as a contributing writer for Well + Good, Scary Mommy, Brit + Co, and Baby Chick.
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