The Amherst Group has announced that Chris Avallone has been appointed CFO.
This appointment will be effective May 1, 2025, following current CFO Dallas Lucas’s planned retirement. Lucas will transition to an advisory role as vice chairman within Amherst.
Avallone has been with Amherst for nearly seven years, during which he has built and grown the company’s investment capabilities, capital markets function and institutional investor relationships. In addition to his new role as CFO, Avallone will retain his current responsibilities overseeing debt capital markets, equity capital raising, corporate finance, and financial planning and analysis. Prior to joining Amherst, Avallone spent 12 years in capital markets roles at Goldman Sachs and UBS Investment Bank.
“As we transition to this next step in our long-term growth and succession plan, we are confident that Chris is the right person to help maintain Amherst’s place as a leading U.S. residential real es