The Walt Disney Co. has tapped Treasurer Christine McCarthy to be its new chief financial officer.
McCarthy, a 15-year veteran of the Burbank entertainment giant, is Disney's first female CFO.
She replaces Jay Rasulo, who earlier this year was passed over for the Burbank company's No. 2 job. Disney said on June 1 that he would step down from his post at the end of the month.
McCarthy begins her tenure as CFO effective immediately, Disney said in a statement. She reports to Chairman and Chief Executive Robert Iger.
In a statement, Iger praised McCarthy's "keen financial acumen.