Former Disney CFO Christine McCarthy has joined the board of directors for Flutter Entertainment, a sports betting company. Christine McCarthy Joins Flutter Entertainment McCarthy was CFO for The Walt Disney Company from 2015 until June 2023. She stepped down for family medical leave, serving as a strategic advisor for the past year. Flutter Entertainment owns … Read more
The Walt Disney Company has named Hugh F. Johnston as Senior Executive Vice President and Chief Financial Officer, effective December 4, 2023. Disney Names New CFO Johnston is currently Vice Chairman and Chief Financial Officer of PepsiCo, where he held multiple leadership positions over his 34-year career there. Johnston will report directly to Disney CEO … Read more
A new report from CNBC chronicles Bob Iger’s retirement and Bob Chapek’s tenure as The Walt Disney Company’s CEO, leading to Iger taking the role back in November 2022. The full story includes office showers, a hippo, references to “Mean Girls” starring Lindsey Lohan, and references to “The Eiger Sanction” starring Clint Eastwood, but a … Read more
Another derivative suit filed by Stourbridge Investments on August 23, 2023, alleges that current and former executives at The Walt Disney Company “repeatedly misled investors about the success” of the Disney+ streaming platform, something that contributed to “significant losses and damages” on behalf of the plaintiff. Bob Iger, Bob Chapek Listed as Defendants in New … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Monday, June 19, 2023. Walt Disney World Magic … Read more
More Disney Parks executive management is changing, with the biggest effects at Walt Disney World Resort. Recently, CFO Christine McCarthy announced she was stepping down, to be replaced by Parks CFO Kevin Lansberry. Lansberry’s position will be taken over by Andy Hopkins, who will serve as Interim Parks CFO. New Changes to Disney Parks Executive … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Friday, June 16, 2023. Walt Disney World Magic … Read more
With Christine McCarthy stepping down as The Walt Disney Company’s Chief Financial Officer (CFO), there’s a chain of people taking over interim positions. Interim CFOs As reported in the original announcement, Kevin Lansberry will take over as interim CFO. Lansberry is currently EVP and CFO of Disney Parks, Experiences and Products. Andy Hopkins will take … Read more
According to Wall Street Journal sources, The Walt Disney Company CEO Bob Iger and CFO Christine McCarthy have clashed over how much money Disney spends on content and recent restructuring, leading to her stepping down. Disney announced yesterday that McCarthy will be stepping down as CFO and taking a medical leave of absence. She will … Read more
The departure of The Walt Disney Company CFO Christine McCarthy could mean Bob Iger will stay on as CEO for longer than originally announced. Analyst Alan Gould of the investment firm Loop Capital said he believes Disney’s Board of Directors could ask Iger to stay as CEO after his contract expires next year. “The Board … Read more
Christine McCarthy will be stepping down as The Walt Disney Company’s Chief Financial Officer and taking a family medical leave of absence. Effective July 1, Kevin Lansberry, EVP and CFO of Disney Parks, Experiences and Products, will serve as the Interim CFO “while a thorough search of internal and external candidates is conducted for a … Read more
Christine McCarthy, Senior Executive Vice President and Chief Financial Officer speaking at the SVB MoffettNathanson Technology, Media & Telecom Conference earlier this morning, commented on the company’s plans for investing in the Disney theme parks. Disney Theme Parks to Incorporate Disney+ Data Christine McCarthy, CFO spoke at the SVB MoffettNathanson Technology, Media & Telecom Conference … Read more
Disney Chief Financial Officer Christine McCarthy announced that capital expenditures, which include the costs for building and maintaining physical properties, will be reduced by $700 million across Disney Parks within the United States.
Former CEO Bob Chapek may be long gone from The Walt Disney Company, but the much-despised executive is still getting paid for his time in the Mouse House. Chapek, who was fired from Disney in November, received a package worth $24 million for 2022 and is set to receive severance payments valuing over $20 million, … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Sunday, December 18, 2022. Walt Disney World Magic … Read more
Alex Sherman of CNBC has shared a list of 2023 predictions from anonymous media executives, including four predictions for The Walt Disney Company, which was recently rocked by the firing of Bob Chapek and the return of CEO Bob Iger. Sherman did a similar article last year, with executives predicting Bob Iger’s return. The first … Read more