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Lakers Appoint Elaine Shen as Chief Financial Officer

Elaine Shen has been appointed as the new chief financial officer of the Los Angeles Lakers, replacing Joe McCormack, who will now serve in an advisory capacity. This decision is part of a restructuring of the team's business operations led by owner Mark Walter.

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Elaine Shen Joe McCormack Mark Walter

The Los Angeles Lakers announced the appointment of Elaine Shen as their new chief financial officer on June 9, 2026. Shen replaces Joe McCormack, who has been moved to an advisory role. This change is part of a broader restructuring of the franchise's business operations under new owner Mark Walter.

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Lakers name Elaine Shen as new chief financial officer, move previous CFO to advisory role

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Lakers Appoint Elaine Shen as Chief Financial Officer

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