Walt Disney Co. Executive who reportedly spearheaded the move to oust Bob Chapek now emerges as a contender for Disney CEO job

Dec 06, 2022 in "The Walt Disney Company"

Posted: Tuesday December 6, 2022 1:43pm ET by WDWMAGIC Staff

Deadline is reporting today that Disney Chief Financial Officer Christine McCarthy has emerged as a top contender for the job of Disney CEO when Bob Iger's contract is over in two years.

Deadline sources said, "Christine has always been a force to be reckoned with, but you have to put her on a list of top five possibilities after the last few weeks."

Disney's CFO was reportedly a key player in the removal of Bob Chapek as CEO. According to a report by FT, the rebellion began in the summer of 2022 and was led by executives loyal to former CEO Bob Iger. Disney Chief Financial Officer, Christine McCarthy, was one of those to allegedly approach the board.

Deadline suggests that McCarthy threatened to resign if Chapek was not immediately removed as CEO.

Christine McCarthy, now 67, was appointed CFO by Bob Iger in 2015, following a 15-year career as Disney's Treasurer. At the time, 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."

Prior to joining Disney, 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.

One of Bob Iger's key responsibilities during his return to Disney is to find his successor, and he doesn't have long to do it. Dana Walden, chair of Disney General Entertainment Content is expected to be a contender, along with Disney, Parks Experiences and Products Chairman, Josh D'Amaro.

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Smiley/OCDJan 19, 2024

At least he doesn’t star in his own commercials the way Tom Carvel did…Cookie Puss, Fudgie the Whale…

SirwalterraleighJan 19, 2024

Buffett still has one of the best stories ever…he liked Dairy Queen so much he bought it 😂

LilofanJan 19, 2024

That kind of diet is right up 93 years young Warren Buffett lifestyle alley of eating fast food and dairy queen on a regular basis. His take on that is he eats like a 6 year old kid which he says has the lowest death rates.

SirwalterraleighJan 19, 2024

Oh…Nelly is getting surly… He better not stop by a park and get a Mickey bar…Bob left standing orders to have a few made with antifreeze subbed for the milk

SirwalterraleighJan 19, 2024

She said some crazy @$$ bleep not too long ago… Elon gets away with being a kook because he happens to be like the richest dude…ever…

TraumaJan 19, 2024

John park hopperJan 19, 2024

Come on Bob 595---- let's hope you can hit 600 in 2024 and I'm not talking baseball.

LilofanJan 18, 2024

Execs are very good at reinventing themselves and many critics have the attention span of less than a goldfish - 8 seconds.

MR.DisJan 18, 2024

I was not talking about personal wealth, but that her status as an executive has been tarnished. Not going into rumors and innuendo.

LilofanJan 18, 2024

She sold off her Meta stock in 2022 - $1.8 billion. She's resilient especially after her first husband an accomplished exec of Survey Monkey died while falling off a treadmill in a hotel resort gym during a family vacation.

AylaJan 18, 2024

😂 She's worth 2+ billion dollars. She's fine.

MR.DisJan 18, 2024

Just saw where Sheryl Sandberg is leaving META. At one point she was highly thought to be in the running to take over Disney, but her fortunes have changed drastically.

MR.DisJan 18, 2024

One thing that should be demanded by who ever is picked to take over--Bob Iger needs to completely leave the premises. No honorary office, not even a small cubicle. All privileges gone. If it satisfies his ego, make a statute in his honor--say just outside one of the restrooms in one of the parks.

SirwalterraleighJan 18, 2024

Notice how that corresponds with his ego never wanting to leave either The guy “retired” and never even moved out of his office. A comp: Eisner turned in his keys, his office and his main gate a year early