The Walt Disney Company’s Senior Executive Vice President and Chief Financial Officer, Christine M. McCarthy, will be stepping down from her role and taking a family medical leave of absence.
While the search begins for a permanent replacement, Disney CEO Bob Iger has appointed an interim CFO coming from inside the company.
Kevin Lansberry, Executive Vice President and Chief Financial Officer of Disney Parks, Experiences and Products, will serve as the Interim CFO, effective July 1. McCarthy will continue as a strategic advisor to the company during her leave and assist with identifying and onboarding a long-term successor.
Iger expressed his confidence in Lansberry, who has been with the company for over three decades and has served as CFO of the largest business segment since 2017. Lansberry will assume oversight of the company’s worldwide finance organization during this transition period.
“I am immensely grateful for the opportunity Bob provided me to serve as CFO of this iconic company and am proud of the work my talented team has done to position Disney to capitalize on the business possibilities that lie ahead,” McCarthy said. “Although I am leaving the CFO role, I look forward to helping with the transition and will always be rooting for the success of my extended Disney family, who have shown time and again that determination, teamwork and the pursuit of excellence are an unstoppable combination.”
Christine McCarthy’s departure from the CFO role comes after 23 years of dedicated service to Disney. She has been recognized as one of the most admired financial executives in America and has played a key strategic role during a period of transformation. McCarthy expressed gratitude for the opportunity to serve as CFO and pledged her support in ensuring a smooth transition.
Lansberry’s interim role will involve overseeing various financial aspects of the company, including corporate alliances, strategy, and business development, as well as investor relations, risk management, and treasury functions. Lansberry has a strong background in finance and has held leadership positions within Disney Parks and Resorts, Consumer Products, and other areas.
McCarthy, who joined Disney in 2000 as Treasurer and became CFO in 2015, has an impressive track record in finance and planning. She has received numerous awards and recognition for her contributions to the industry and has been a mentor and role model to many colleagues, particularly women.
Iger praised McCarthy for her mentorship and her impact on the company. He highlighted her commitment to opening doors and creating opportunities for women in business, both within Disney and beyond.
