Christine McCarthy, the Senior EVP and Chief Financial Officer at Disney, has extended her contract with the company until the end of 2022, Disney said in a regulatory filing Monday.
It comes as she has been a key communicator with Wall Street about Disney’s streaming pivot and efforts to manage through the Covid-19 crisis.The new deal amends her previous contract which was set to expire on June 30, 2021.The extension means that “for each full fiscal year during the term hereof, Executive shall receive an annual award with a target award value (which value shall be as determined in accordance with the policies and practices generally of Company) of $11,000,000,” according to the 8-K form filed today with the U.S.
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