Former Disney CFO Joins Online Gambling Company Board
McCarthy Joins Audit Committee For Flutter Entertainment
Former Walt Disney Company executive Christine McCarthy has been appointed to the Board of Directors for Flutter Entertainment. Flutter is best known for being the parent company of FanDuel. In addition to FanDuel, Flutter Entertainment also owns PokerStars, Paddy Power, and Sportsbet, so the company knows something about spread bets. She spent 23 years at Disney in a variety of roles. She stepped down last year to take an extended family medical leave. McCarthy has been getting back into more business dealings, joining the online gambling company board as her latest venture.
Flutter Entertainment also appointed former Warner Bros. Discovery Director Robert “Dob” Bennett to its board. McCarthy will sit on the Audit Committee and Bennett will serve on the Risk and Sustainability Committee. Their terms officially begin on July 30, 2024.
“Christine and Dob’s extensive experience in the entertainment industry will be an invaluable asset to Flutter as we continue to extend our leading position as a global online sports betting and iGaming provider,” said John Bryant, Chairman of the Flutter Board. “We look forward to welcoming both Dob and Christine to the Board as non-executive directors and benefitting from their unique perspective and industry knowledge.”
Both are currently on the board of directors with other companies. McCarthy is a director of The Procter & Gamble Company and is the Chair of its Audit Committee and is a director of FM Global and the Chair of its Finance Committee. Joining an online gambling company board is a new experience for McCarthy.
Bennett is currently a board member of Liberty Media and HP Inc. He previously served as a director for Sprint Corporation and worked for Tele-Communications, Inc. and The Bank of New York.
McCarthy Comes Highly Regarded
While becoming a member of an online gambling company board is completely new for McCarthy, nobody will say she doesn’t know her finances. If anybody can make a seamless transition from Snow White to scores and odds, it’s McCarthy. While she and Disney CEO Bob Iger didn’t always see eye-to-eye, he respected her talents. Iger was sorry to see McCarthy leave.
“Christine McCarthy is one of the most admired financial executives in America, and her impact on The Walt Disney Company during 23 years of dedicated service cannot be overstated,” Iger said in a statement when she announced she was leaving Disney. “Christine has served as a key strategic anchor during a period of great transformation, and she and I have discussed her desire to ensure an orderly and successful CFO succession in advance of the company’s transition to its next chief executive officer. She is stepping down from her CFO role as she takes family medical leave, but has graciously offered to move into an advisory position to assist her successor in assuming the duties she has so expertly handled these many years.”
McCarthy joined Disney in 2000 and held many positions during her 23 years. She also served as Strategic Advisor and Executive Vice President on her resume. She joined the company as a Senior Vice President and Treasurer.
For the best bets today, odds analysis, and more, visit Point Spreads Sports Magazine.
