NEW YORK Cendant Corp. announced that Kevin Sheehan, currently president/corporate and business affairs at Avis Group Holdings, will be appointed as Cendants CFO subject to completion of the companys acquisition of Avis. Effective immediately, Duncan Cocroft, Cendants evp/finance and treasurer, wil serve as CFO on an interim basis. Cocroft also serves as CFO of PHH Corp., Cendants wholly owned finance subsidiary. (1/5/01)
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