Christine M. McCarthy Named Chief Financial Officer at The Walt Disney Company

The Walt Disney Company has named Christine M. McCarthy the Chief Financial Officer, replacing Jay Rasulo who recently announced that he was resigning from the company. The promotion makes McCarthy the company's first female CFO and the most senior female executive in company history.

Disney names first female CFO

In making the announcement Disney CEO Bob Iger said of McCarthy, "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. 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."

McCarthy will oversee Investor Relations, Corporate Planning and Control, Tax, Corporate Treasury, Corporate Real Estate, Facilities, Integrated Supply Chain Management, and Corporate Citizenship.

Prior to being named CFO, McCarthy was the Executive Vice President, Corporate Real Estate, Alliances and Treasurer. She was named 'Woman of the Year' this summer by Treasury Today magazine, which is considered one of the profession's top benchmarks.

McCarthy's role as CFO is puts her in a small but distinguished group of professionals: only 24 of the Fortune 500 companies have female CFOs.

Disney also named Kevin Mayer as the Chief Strategy Officer. Both McCarthy and Mayer also carry the title of Senior Executive Vice President.

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