Tuesday, SBA Communications Corp. (SBAC), owner and operator of wireless communications towers, announced that it has promoted its vice president and chief accounting officer, Brendan Cavanagh, to senior vice president and chief financial officer, effective September 12.
Brendan Cavanagh joined SBA in 1998, and has been vice president and chief accounting officer since June 2004.
The promotion is pursuant to the resignation of Anthony Macaione, who held both the offices, to pursue other opportunities.
The Boca Raton, Florida-based company also announced that its corporate controller, Brian Lazarus has been appointed vice president and chief accounting officer, succeeding Cavanagh. Brian Lazarus joined the company in 2006 as corporate controller.
SBAC closed Tuesday's regular trading session at $34.16, up $0.26 or 0.77. However, the stock lost 7 cents in the after-hour trade.
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