iStar Financial announces new CFO
After serving as a senior member of the management team at iStar since 2002, Rice is retiring to focus on family business interests.Prior to joining iStar Financial, Burns was global treasurer of Cantor Fitzgerald. Mr. Burns also worked as treasurer for Morgan Stanley in Hong Kong of the Asia-Pacific region and in New York as treasurer of the Americas region. Previously, he held various positions in capital markets, capital planning and cash management at PepsiCo, Inc. Burns did M.B.A. in Finance from Columbia University's Graduate School of Business and did A.B. in Economics from Harvard College. "Katy has been instrumental in our financial strategy and has provided guidance and significant leadership to the Company over the past six years," said Jay Sugarman, iStar's chairman and chief executive officer. "She has built a strong team of finance, accounting and investor relations professionals, leaving the Company in highly capable hands. We respect Katy's need to focus on family business interests and look forward to working with Jim as he assumes his new role next March."