Christine McCarthy To Step Down As Disney's CFO; Kevin Lansberry Will Assume Role Of Interim CFO
Portfolio Pulse from Benzinga Newsdesk
Disney's CFO Christine McCarthy is stepping down, and Kevin Lansberry will assume the role of Interim CFO, according to an SEC filing.
June 15, 2023 | 8:19 pm
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Disney's CFO Christine McCarthy is stepping down, with Kevin Lansberry taking over as Interim CFO, which may cause short-term uncertainty for the company.
The departure of a CFO can create short-term uncertainty for a company, as investors may be concerned about the transition and potential changes in financial strategy. However, the appointment of an Interim CFO, Kevin Lansberry, should help mitigate some of these concerns. The overall impact on Disney's stock price is expected to be neutral in the short term.
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