The Walt Disney Co. has found its next CFO.

The entertainment giant has named Hugh Johnston as its senior executive VP and CFO, the top financial role in the company, and a critical deputy to CEO Bob Iger.

Johnston, currently the CFO of food and beverage giant PepsiCo, effectively succeeds Christine McCarthy, who stepped down earlier this year. Kevin Lansberry had been serving as interim CFO after her departure.

“Hugh’s well-earned reputation as one of the best CFOs in America and his wealth of leadership experience in both financial and operational roles overseeing a diverse portfolio of top global brands make him a perfect addition to Disney’s senior leadership team,” said Iger in a statement. “His expertise will serve Disney and its shareholders well as we continue the transformative work we are doing to drive growth and value creation.

“I would also like to extend my sincere gratitude to Kevin Lansberry, who stepped into the CFO role on an interim basis earlier this year,” Iger said. “Kevin has provided steady leadership and invaluable counsel to our executive management team, and he will continue to be one of our company’s most important financial leaders as he returns to his role as CFO of our Disney Experiences segment.”

More to come.