![Christine McCarthy](https://variety.com/wp-content/uploads/2021/12/01_Christine_McCarthy.jpg?w=681&h=383&crop=1)
In another shock to The Walt Disney Company, Disney announced Thursday that Christine McCarthy will be stepping down as vice president and chief financial officer and will be taking sick leave for her family. Kevin Lansbury was appointed interim CFO of the media giant effective July 1.
Disney CEO Bob Iger said, “Kristin McCarthy is one of America’s most respected financial executives and the impact she has had on The Walt Disney Company through her 23 years of dedicated service. You can’t overstate it,” he said. “Christine has served as a key strategic anchor during a time of great transformation. She is stepping down from her role as CFO to take sick leave for her family, but to help her successor take over the duties she has professionally fulfilled for many years. He kindly offered to move on to the position of counselor.”
McCarthy joined Disney in 2000 as a treasurer and was promoted to CFO in 2015. She emerged as a highly influential person as Mr. Iger’s lieutenant. She also played a major role in last November’s restructuring that ended Bob Chapek’s two-year stint as CEO and returned Iger to the CEO role. She is widely admired on Wall Street for her candor in Disney’s financial reporting and market insights.
“I am extremely grateful to Bob for offering me the opportunity to serve as CFO of this iconic company and will continue to work with Disney to maximize its future business potential. I am proud of the work that my talented team has done to date,” McCarthy said. “While I will be leaving my role as CFO, I look forward to helping the Disney family transition, which has repeatedly demonstrated that determination, teamwork and the pursuit of excellence are an unstoppable combination. We will always support the success of
and in the future