SBA Communications appoints new CFO

Aug 27, 2008 (Datamonitor via COMTEX) -- SBAC | Quote | Chart | News | PowerRating -- SBA Communications has appointed Brendan Cavanagh, the company's vice president and chief accounting officer, to senior vice president and CFO.

Mr Cavanagh succeeds Anthony Macaione, senior vice president and CFO, who has resigned to pursue other opportunities. The effective date of Mr Macaione's resignation and Mr Cavanagh's appointment is September 12, 2008.

In addition, Brian Lazarus, the company's corporate controller, has been appointed as vice president and chief accounting officer to succeed Mr Cavanagh.

Mr Cavanagh, the company's vice president and chief accounting officer since June 2004, joined the company in 1998 and has served in various capacities in the company including vice president of site administration, and financial analyst of mergers and acquisitions. Prior to joining SBA, Mr Cavanagh was a senior accountant for Arthur Andersen.

Mr Macaione said: "The company is operating at a high level. Our pending acquisitions are going smoothly and are on schedule, making this the right time for my decision. I am particularly proud of the strength and depth of our accounting and finance group. With Brendan, the transition will be immediate, smooth and seamless."

http://www.datamonitor.com

Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon

More News:   Market Updates | Stock Alerts | All Trading News | Stock Index