Former Goldman Sachs Group Inc. (GS) partner Jason Cahilly was named the National Basketball Association’s chief financial officer and vice president of strategy.
Cahilly, most recently a partner and global co-head of media & telecommunications within Goldman’s investment banking division, will report to Adam Silver, the NBA’s deputy commissioner who takes over the top job in February 2014. He will begin work on Jan. 14, according to the NBA, which has annual revenue of more than $5 billion.
“He is a proven leader with deep financial and strategic experience across the media and entertainment industry,” Silver said in a statement.
Cahilly spent 12 years at Goldman Sachs. He succeeds Carol Sawdye, who left the league to become the chief financial officer of PricewaterhouseCoopers LLP.
Silver will succeed David Stern as commissioner.
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