Christine M. McCarthy, who served as Disney‘s chief financial officer for eight years and helped the company remain stable during the pandemic when the majority of Disney was shut down, and was a key player in Bob Chapek’s removal as CEO last year.
McCarthy, 67, has announced that she will take a “family medical leave of absence.”
Even though her husband’s critical illness is widely known among the company’s upper echelons, Disney made no further mention of it. McCarthy, who has battled cancer twice while working for Disney, has a contract that expires in June of next year.
Until then, she will serve as a strategic advisor and help with “identifying and onboarding a long-term successor,” according to Disney.
Kevin Lansberry, 59, will serve as the corporation’s interim financial director. He has been the chief financial officer for Walt Disney Parks, Experiences, and Products since 2017.
In a statement, Disney CEO Robert A. Iger said, “He has my full confidence.”
McCarthy’s impact on Disney “cannot be overstated,” according to Iger, who described her as “one of the most admired financial executives in America.”
McCarthy joined Disney as treasurer in the year 2000. She previously worked in the banking industry for over two decades.