Disney Ups Christine McCarthy as First Female CFO30 Jun, 2015 By: Erik Gruenwedel
Kevin Mayer promoted to chief strategy officer
The Walt Disney Co. June 30 announced the promotion of veteran executives Christine McCarthy to chief financial officer and Kevin Mayer to chief strategy officer — both reporting to CEO Bob Iger.
McCarthy, who has been treasurer for 15 years, is replacing Jay Rasulo, who previously announced he is stepping down. Rasulo will continue in an advisor role.
As Disney’s first female CFO, McCarthy will be responsible for investor relations, corporate planning and control, tax, corporate treasury, corporate real estate, facilities, integrated supply chain management and corporate citizenship.
“[McCarthy] is highly respected in the finance sector, and in this new role she will have even more impact on creating value for Disney shareholders,” Iger said in a statement.
Mayer will be responsible corporate strategy, business development, acquisitions, enterprise information technology, innovation, brand and franchise management and global corporate alliances.
“With this promotion … [Mayer] will continue to focus on growth opportunities and help position the company for the future,” Iger said. Mayer, who previously reported to Rasulo, will jointly report to Iger and COO Thomas Staggs.