Mr. Seneff founded CNL Financial Group in 1973, and has guided the company over the past 40 years.
Chief Executive Officer
Thomas K. Sittema is chief executive officer of CNL Financial Group, a leading private investment firm that provides global real estate and alternative investments. Since its inception in 1973, CNL and/or its affiliates have formed or acquired companies with more than $33 billion in assets. In his role as CEO, Mr. Sittema leads a platform of diverse real estate investment trusts (REITs) and a business development company (BDC). Mr. Sittema also serves as CEO and board chair of Corporate Capital Trust, CEO and president of CNL Growth Properties and Global Income Trust, CEO and director of CNL Fund Advisors Company, and as vice chairman and director of CNL Lifestyle Properties and CNL Healthcare Properties.
Chief Financial Officer
As enterprise chief financial officer and chief operating officer of CNL Financial Group, Tracy Schmidt oversees and provides strategic leadership for the organization’s financial and administrative responsibilities. Key areas of responsibility include determining capital resources and allocations and overseeing management’s accountability of business objectives, values and essential enterprise interests.
Mr. Schmidt has more than 36 years’ experience in finance, administration and operations, including 24 years with Federal Express, headquartered in Memphis, Tennessee. Before joining CNL in 2004, he was senior vice president and chief financial officer for Federal Express, where at various times he was responsible for worldwide financial planning, capital allocations, treasury, accounting, financial reporting, tax, audit, strategic sourcing, IT business systems and revenue operations. Prior to that, Mr. Schmidt was senior vice president, general manager, Air Ground Terminals and Transportation for FedEx Express.