McCarthy, who was appointed CFO in 2015 by then-CEO Bob Iger, previously signed a contract that extended until 2022. The new contract extension extends his time with the company by two years and half.
McCarthy also released a statement after signing the contract extension, expressing his gratitude:
Prior to becoming CFO of The Walt Disney Company in 2015, McCarthy was Executive Vice President, Corporate Real Estate, Alliances and Treasurer, The Walt Disney Company. According to Disney, while in that role, she was responsible for “the enterprise-wide management of various functions including corporate finance, capital markets, financial risk management, treasury. international, insurance, pensions and investments, global treasury management and treasury. operations, and credit and collection.
The Walt Disney Company notes:
Ms. McCarthy serves on the board of directors of The Procter & Gamble Company and FM Global. She is also a director of the Carnegie Institution for Science. Ms. McCarthy previously served on the boards of directors of Phoenix House of California, Inc., the Los Angeles Philharmonic Association, UCLA Anderson and Smith College. She is also a former administrator of Westridge School in Pasadena, California. Ms. McCarthy has received numerous awards and has been repeatedly named to Treasury & Risk’s ‘100 Most Influential People in Finance’, Irish America’s 100 Best Companies and Business Insider’s 15 Most Influential Women in Finance. . In 2015, she received the Adam Smith “Woman of the Year” award from Treasury Today. In 2016, she received the Los Angeles Business Journal’s “Executive of the Year” award and was honored as one of the “50 Most Influential Women in Entertainment” by the Entertainment Diversity Council.
Christine McCarthy recently spoke on The Walt Disney Company’s fourth quarter earnings conference call, drawing attention with her comments on “portion reduction” at Disney park restaurants. McCarthy noted during the call that it would be “good for some people’s waistlines” when they visit Walt Disney World Resort and Disneyland Resort.