The Memphis-Shelby County Airport Authority (MSCAA), operator of Memphis International Airport (MEM), this week announced the hiring of Sylvester Lavender as its new vice president, finance and administration, and chief financial officer.
Lavender comes to MSCAA from Denver International Airport (DEN), where he is currently chief financial officer. He previously worked at Birmingham Shuttlesworth International Airport (BHM) as interim CEO and directed the finance, parking and concessions departments.
In his new role, Lavender will manage MSCAA’s strategic business, prepare and monitor the airport’s budget, manage airline use and lease agreements, negotiate rates and charges, issue revenue bond debt, and oversee risk management.
Lavender succeeds Forrest Artz, who will retire effective October 29, 2022.
“Sylvester Lavender is an industry leader and brings a tremendous wealth of knowledge and experience to the MSCAA management team,” said Scott Brockman, MSCAA president and CEO. “His addition will help ensure continued strong financial performance, furthering the legacy that his predecessor Forrest Artz established.”