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PFM Group chooses CFO

Robert J. Delany
Robert J. Delany

Robert J. Delany was named managing director and CFO at The PFM Group, confirmed spokeswoman Sandra Sosinski.

Current CFO Steve Boyle was named chief accounting and revenue officer.

Mr. Delany will be responsible for managing PFM's strategic needs for capital, growth and financial system management. He will report to CEO John Bonow.

“As PFM has continued to grow, so have our needs for additional financial management, and the total of our internal and external financial needs exceed what we could reasonably expect any one senior person to take on,” Mr. Bonow said in a news release.

Mr. Delany was recently CFO and COO at Sciens Capital Management. Miranda Barham, Sciens spokeswoman, was not able to obtain information on his replacement by press time.