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The National Association of Realtors (NAR) has named Matthew Cenedella as its new chief financial officer (CFO), effective March 19.

Cenedella will succeed NAR’s longtime CFO John Pierpoint, who will retire at the end of the month. Cenedella previously served as chief operating officer and treasurer for the Women’s Tennis Association. Earlier in his career, he held finance roles at IMG Worldwide, American Greetings, Nestle Waters, Reader’s Digest Association and Deloitte & Touche.

“Matthew’s versatility and his extensive background in finance, strategic planning and operational leadership roles will be invaluable as we continue to strengthen our financial strategies, propel NAR toward a higher-performing workplace and deliver greater value to our members,” said NAR CEO Nykia Wright.