Christine McCarthy net worth: Disney CFO who took down Bob Chapek tipped as CEO Bob Iger's successor

If Christine McCarthy takes over, she would be Disney's first female CEO

UPDATED DEC 7, 2022

Disney CFO Christine McCarthy, (L) who played a key role in the removal of Bob Chapek (Top R) as Disney CEO is likely to succeed current CEO Robert Iger (Bottom R)(Laurent Viteur/Getty Images, Randy Shropshire/Getty Images for Vox Media and Walt Disney Co

BURBANK, CALIFORNIA: Disney has a new frontrunner for CEO once Bob Iger, who left Disney in 2020 after spending over four decades at the company, including 15 years as its CEO, and who returned to serve again, completes his tenure in 2024.

As per Deadline, the new name is Disney CFO, Christine McCarthy, who played a key role in the removal of Bob Chapek as Disney CEO which took place on November 20, 2022. If this gets executed, McCarthy would be Disney's first female CEO. Chapek, who succeeded Iger as CEO in 2020, was fired after his weak performance and for the ongoing the losses in the streaming sector. McCarthy told investors she lacked confidence in Chapek after a November 8 conference call, reports NY Post. As per Fortune, Disney shares are down 41.4 percent overall for the year.

Inside $10M-a-year 'consultant' Bob Iger and Bob Chapek's frosty relationship amid Disney CEO drama

Talking about McCarthy, a Disney insider 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," quotes Deadline. Jessica Reif Ehrlich, a managing director with BofA Securities once said, as per Smith, "Christine has seen Disney through a massive business transition of its global empire. She’s done a remarkable job.”

What is Christine McCarthy’s net worth?

According to Benzinga, McCarthy’s net worth is estimated to be about $42.58M. In 2020 after becoming SEVP & CFO, she received a compensation of about $10,997,005. And now, she owns about 169,886 units of Walt Disney Co common stock. In the last seven years at Walt Disney Co, she has sold an estimated $36.71 million worth of units. The largest trade she's ever made was 50,000 units of Walt Disney Co stock on June 6, 2012, worth over $1,473,000. On average, she trades about 6,592 units every 48 days since 2007, states Wallmine.