In a surprise twist, Disney Chief Financial Officer Christine McCarthy has now emerged as the leading candidate to take over the CEO position at The Walt Disney Company. According to Deadline, McCarthy was “a steady hand” when Iger and Chapek were in charge. She was “influential in helping to successfully engineer a string of key … Read more
A new article in the Wall Street Journal goes deep into detail on now-former Disney CEO Bob Chapek’s attempt to restructure The Walt Disney Company in order to remove power from the creative executives in favor of his right-hand man. Chapek and CFO Christine McCarthy contracted outside consulting firm McKinsey & Co. in September to … Read more
As the entertainment world continues to reel from the boardroom drama that saw Bob Chapek fired late last night (and the just as unexpected return of his predecessor Bob Iger), more details are emerging about the behind-the-scenes drama that led to the decision of the board of directors. The campaign to overthrow now-former Disney CEO … Read more
Yesterday, The Walt Disney Company reported on their Q4 earnings [$DIS], and although they “reported record sales and its best revenue growth in more than 25 years,” that wasn’t enough to keep Wall Street and investors happy. The stock has slid more than 11% on today’s opening bell. To date, Disney stock is down 35.5% … Read more
Josh D’Amaro, Chairman of Disney Parks, Experiences and Products, and Christine McCarthy, The Walt Disney Company’s Chief Financial Officer and Senior Executive Vice President, will participate in a question-and-answer session as part of the 2022 Bank of America Securities Media, Communications & Entertainment Conference. The session will be held at 1:30 p.m. ET on Wednesday, … 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, March 7, 2022. Walt Disney World EPCOT … Read more
The Walt Disney Company participated in a Q&A session today at Morgan Stanley’s 2022 Technology, Media & Telecom Conference. Disney CFO Christine McCarthy was there to represent the company. In addition to speaking about the crowd capacity at Disney Parks and character meet and greets returning soon, McCarthy also spoke about Genie+, the Parks’ newest … Read more
The Walt Disney Company participated in a Q&A session today at Morgan Stanley’s 2022 Technology, Media & Telecom Conference. Disney CFO Christine McCarthy was there to represent the company. In addition to being quoted saying that character meet and greets will soon be returning to the parks, McCarthy also spoke on the current crowd levels … Read more
At Morgan Stanley’s 2022 Technology Media & Telecom Conference, Disney CFO, Christine McCarthy, was quoted saying that character meet and greets will be returning to Disney Parks “soon.” Since the parks have reopened during the COVID-19 pandemic, characters have been required to stay six feet away from guests, usually behind some sort of barrier or … Read more
During The Walt Disney Company’s First Quarter 2022 Financial Results Conference Call, CFO Christine McCarthy spoke on how mobile dining and check-in are considered an “upside” of Disney Parks. Mobile ordering and check-in definitely make things easier and more efficient for guests who know how to utilize this mobile technology. But is it too efficient … Read more
Disney CFO Christine McCarthy commented during the 2022 Q1 earnings call that the domestic parks have seen a “more favorable guest and ticket mix” after announcing that per capita spending rose to 40% versus Q1 2019, which was pre-pandemic. Disney credited much of the increase to Genie+ and Lightning Lane, but the “ticket mix” comment … 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 Tuesday, December 21, 2021. Walt Disney World … Read more
The Walt Disney Company has announced that they have extended Chief Financial Officer and Senior Executive Vice President Christine McCarthy’s contract through June 30, 2024, according to Deadline‘s Jill Goldsmith. McCarthy, who has worked for Disney for 22 years, has held the position of CFO since 2015. In her role, she supervises Disney’s global finance … Read more