David Sailer | Clear Channel Holdings
International media company Clear Channel Holdings promoted executive vice president, chief financial officer of the Americas David Sailer to executive vice president and chief financial officer of the company, effective March 1, 2024. Prior to joining Clear Channel in August 2014, Sailer held CFO positions at iHeartRadio, NBC, and MSNBC. Brian Coleman, the outgoing CFO, will take on a consulting position for the company.
Bryan Preston | Fifth Third Bank
Fifth Third Bank has promoted Bryan Preston, currently treasurer, to CFO. The Cinncinnati-based bank’s previous CFO, Jamie Leonard, has been promoted to chief operating officer. While Leonard will gain oversight of the Bank’s largest customer-facing employee groups, Preston will continue his nearly 20-year career at Fifth Third in his inaugural CFO position.
James Schofield | Toyota Financial Services
The lending arm of Toyota, Toyota Financial Services, has promoted James Schofield to finance chief. Previously, he served as group vice president of finance, treasury, competitiveness, and M&A. Prior to joining Toyota Financial in 2021, Schofield was a managing director at Lloyds Banking Group. Earlier in his career, he was vice president of credit and rates, North America, for JP Morgan Chase. His predecessor, Scott Cooke, has been promoted to Toyota Financial Services president and CEO.
Michael D. Witzeman | Chemed
Chemed, the owner of Roto-Rooter and VITAS care, a provider of end-of-life hospice and palliative care services, named Michael D. Witzeman it’s new CFO. Witzeman is closing in on 19 years with the company, most recently serving as VP and controller. Prior to joining Chemed, he worked at Deloitte in various management positions.
Lisa Rulney | University of Arizona
Lisa Rulney, CFO of the University of Arizona, is leaving the college. She made headlines last month after the school’s faculty accused the school’s administration of losing track of $240 million through accounting errors and flawed financial projections. The university is in the midst of what it calls a “financial crisis.” In November, the Board of Regents said UofA had just 97 days' worth of cash. Rulney had been at the university for nearly 23 years, previously holding finance and administrative positions in the colleges of education and engineering before becoming finance chief in 2018.
David Lyle | Mitek
Publicly held cybersecurity solutions provider Mitek hired David Lyle as its new finance chief, effective January 2. Lyle has nearly two decades of CFO experience, leading finance at Airgain, Maxwell Technologies (now part of Tesla), and Entropic Communications (sold to Maxlinear in 2015).
Rick Brown | Brix Holdings
Brix Holdings, the ownership group of Friendly’s, Red Mango, Orange Leaf, Smoothie Factory & Kitchen, SouperSalad, and Pizza Jukebox, announced Rick Brown as its new CFO. Previously, Brown served as CFO of TGI Fridays for 14 years. Prior to TGI Fridays, Brown was senior director of FP&A and studio content at Blockbuster Video, joining in 1998.
Brian Costanzo | Markell Group
Markell Group, a specialty insurance provider, elevated Brian Costanzo to the CFO position. Costanzo is a long-time employee who’s been serving as CFO of the insurance business. He was previously chief accounting officer and before that, controller. Markell’s former CFO, Teri Gendron, is leaving the company at year’s end. The notice of Gendron’s departure follows last month’s news that Markell's president and COO Bob Cox is leaving at the end of 2023.
Lindsay Jones | Trugolf
Lindsay Jones is dropping the interim from his title, taking on the full-time CFO role at Trugolf, a golf simulator and software developer. Before joining Trugolf, Jones served as CFO of pharmaceutical data analytics development platform Xevant, as a fractional CFO for NOW CFO, and as CFO and founder of flexible packaging provider Cascata Packaging.