The Arizona Coyotes announced Thursday the hiring of Lowell Heit as the team’s new chief financial officer.
The announcement comes just three days after the team named Xavier A. Gutierrez the new president, CEO and alternate governor. Less than a year after the Coyotes were purchased by new majority owner Alex Meruelo, the team parted ways with CEO Ahron Cohen in May and, according to Sports Business Journal’s Mark Burn, CFO Gregg Olson also was no longer with the organization as of May.
Heit was most recently a partner at Genesis Management Group. Before that, he was executive vice president and CEO for Sunrise Sports & Entertainment, which owns the NHL’s Florida Panthers.
“We are thrilled to announce Lowell as the Coyotes’ new Chief Financial Officer,” Gutierrez said in a statement from the team. “Lowell brings a wealth of team and league financial experience to our organization and he will play a key role for us in the future growth of our club. Lowell will be a great addition to our talented executive team.”
In the 2000s, Heit spent five years as the director of finance for the NFL and held the same title at the NHL for eight years.
Heit attended the business school at George Washington University in Washington, D.C. According to the Coyotes, he now lives in Scottsdale.
Like Heit, Gutierrez also previously worked in finance for the NFL. The Coyotes’ new CEO was a financial analyst for the league office.