Christine M. McCarthy Named Chief Financial Officer and Kevin Mayer Named Chief Strategy Officer of The Walt Disney Company
June 30 2015 - 2:00PM
Business Wire
Christine M. McCarthy has been named Senior Executive Vice
President and Chief Financial Officer and Kevin Mayer has been
named Senior Executive Vice President and Chief Strategy Officer of
The Walt Disney Company (NYSE: DIS), effective immediately, it was
announced today by Robert A. Iger, Chairman and Chief Executive
Officer.
“Christine has done an incredible job as Disney’s Treasurer over
the past 15 years, and her strong leadership and keen financial
acumen make her an ideal Chief Financial Officer,” Mr. Iger said.
“She is highly respected in the finance sector, and in this new
role she will have even more impact on creating value for Disney
shareholders.” Ms. McCarthy will report directly to Mr. Iger.
“Kevin has overseen Corporate Strategy and Business Development
at a time of unprecedented growth for Disney, playing an integral
role in our successful acquisitions of Pixar, Marvel and
Lucasfilm,” Mr. Iger said. “With this promotion to the new role of
Chief Strategy Officer he will continue to focus on growth
opportunities and help position the company for the future.” Mr.
Mayer, who previously reported to the Chief Financial Officer, will
jointly report to Mr. Iger and Thomas O. Staggs, Chief Operating
Officer.
As CFO, Ms. McCarthy will now oversee Investor Relations,
Corporate Planning and Control, Tax, Corporate Treasury, Corporate
Real Estate, Facilities, Integrated Supply Chain Management, and
Corporate Citizenship. She succeeds James A. Rasulo as CFO.
“I am humbled and honored to be entrusted with the role of CFO
of this incredibly dynamic company,” Ms. McCarthy said. “Under
Bob’s leadership, Disney has delivered record results, and I look
forward to working with our talented senior management team as we
build on the company’s financial strength and strong balance sheet
to deliver shareholder value.”
In Ms. McCarthy’s most recent role as Executive Vice President,
Corporate Real Estate, Alliances and Treasurer, she developed a
finance team responsible for treasury, corporate finance, capital
markets, financial risk, international treasury and investments,
credit, and risk management.
Mr. Mayer has served since 2005 as Executive Vice President,
Corporate Strategy and Business Development, and in his new role as
Chief Strategy Officer he will oversee Corporate Strategy, Business
Development, Acquisitions, Enterprise Information Technology,
Innovation, Brand and Franchise Management, and Global Corporate
Alliances.
“I'm extremely gratified to be given this opportunity to further
expand Disney’s assets and businesses,” Mr. Mayer said. “Disney’s
growth has been incredible these past several years, and I am proud
of the role my group has played in facilitating that expansion and
excited by the strategic opportunities that lie ahead for the
company.”
In 2009 and 2011, readers of The Deal named Disney the Most
Admired Corporate Dealmaker in the consumer sector.
Mr. Mayer rejoined Disney from L.E.K. Consulting LLC, where he
was a partner and head of the Global Media and Entertainment
practice. Prior to L.E.K., Mr. Mayer held leading positions at
interactive and Internet businesses, including chairman and CEO of
Clear Channel Interactive, where he managed all aspects of new
media business, including content, sales, business and technology
development, and distribution.
Mr. Mayer first joined Disney in 1993 as Manager, Strategic
Planning, where he spearheaded strategy and business development
for all of Disney's interactive/Internet and television businesses
worldwide. Later, he became Executive Vice President of the
Internet group, responsible for the operations, business plans,
creative direction and distribution of Disney's popular Web sites,
including ESPN.com and ABCNews.com. Mr. Mayer received his M.B.A.
from Harvard University in 1990, and holds a M.S.E.E. from San
Diego State University and a B.S.M.E. from Massachusetts Institute
of Technology.
Ms. McCarthy has served as Disney’s representative on the board
of FM Global since 2010. She is also a Trustee of the Westridge
School for Girls in Pasadena, Calif., and a mentor for the National
Math and Science Initiative’s STEM program. She has been named
multiple times to Treasury & Risk magazine’s “100 Most
Influential People in Finance,” and in June, 2015 she was named
Treasury Today magazine’s Woman of the Year, one of the
profession’s most highly regarded benchmarks.
Prior to joining Disney, Ms. McCarthy was the Executive Vice
President and Chief Financial Officer of Imperial Bancorp from 1997
to 2000. She held various finance and planning positions at First
Interstate Bancorp from 1981 to 1996, and was elected Executive
Vice President in Finance for First Interstate in 1993. Ms.
McCarthy completed her Bachelor’s Degree in Biological Sciences at
Smith College, where she received an award for excellence in
botany, and later earned an MBA in Marketing and Finance from the
Anderson School at UCLA.
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The Walt Disney CompanyZenia MuchaCorporate Communications(818)
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