In a surprising move, Disney CFO Christine McCarthy has announced her resignation, causing a ripple effect in the company’s stock prices. After-hours trading saw a significant dip in the company’s stock prices, leaving investors wondering what the future holds for the world-renowned entertainment giant. With McCarthy’s departure, the future of Disney’s finances remain uncertain.
Uncertainty at Disney as CFO Christine McCarthy Steps Down
The news of Christine McCarthy’s departure from her role as Chief Financial Officer of Disney has sent shockwaves throughout the company. After 23 years of dedicated service, McCarthy’s absence adds another layer of uncertainty to the already tumultuous times the company is facing. The company has stated that McCarthy will continue to serve as a strategic advisor during her leave and help to identify and onboard a long-term successor. Kevin Lansberry, a long-time Disney executive, will serve as interim CFO in the meantime. The news of McCarthy’s departure sent the company’s stock down slightly in after-hours trading, further demonstrating the impact of her resignation.
Kevin Lansberry to Serve as Interim CFO During Leave
Kevin Lansberry, a long-time Disney executive, will be stepping in to serve as interim CFO while Christine McCarthy takes a family medical leave of absence. Lansberry has been with the company for many years and is well-versed in the company’s operations, making him an ideal candidate to take on the role of interim CFO.
Paragraph 2: The news of McCarthy’s departure sent the company’s stock down slightly in after-hours trading, adding to the uncertainty that the company is already facing. However, McCarthy will remain a strategic advisor to the company during her leave, helping to identify and onboard a long-term successor. With Lansberry at the helm, Disney is confident that their financial operations will remain in capable hands during McCarthy’s absence.
After-Hours Trading Reacts to McCarthy’s Departure
The announcement of Christine McCarthy’s departure from her role as CFO of Disney sent shockwaves through the business world. After 23 years of service, her exit has left many wondering what the future holds for the company. Investors were quick to react, with the stock taking a slight dip in after-hours trading. To fill the void, Disney has appointed Kevin Lansberry, a long-time Disney executive, to serve as interim CFO. While the company has stated that McCarthy will remain a strategic advisor during her leave, the uncertainty of the situation has many investors concerned. It remains to be seen how the company will respond to the changes in the coming weeks.
The departure of Disney CFO Christine McCarthy has sent shockwaves through the stock market, with Disney’s stock prices falling in after-hours trading. This marks the end of a successful tenure for McCarthy, who has helped to steer Disney through a period of unprecedented growth. The company is now faced with the challenge of finding a suitable replacement for McCarthy, and investors will be watching closely to see how they respond. Ultimately, Disney’s future success will depend on the leadership of its new CFO and the decisions they make.