(SOUTH YARMOUTH, MA) – The Davenport Companies of South Yarmouth, MA have announced the promotion of Ann Millett to Vice President and Chief Financial Officer for The Davenport Companies. Millett has been with the company for 27 years, most recently holding the position of Controller.
In her new role, she will oversee day-to-day management of the finances of all divisions within The Davenport Companies including Davenport Realty Trust, Davenport Building Company, Thirwood Place, Red Jacket Resorts, Cape Cod Fence Company, Blue Rock Golf Course and All Cape Self Storage. Steve Aschettino, who has served as the company’s C.F.O. for the past 17 years will continue in his role as a Trustee and Treasurer for the company, shifting his focus away from day-to-day operations to further concentrate on corporate investments and risk management related to the company's financial activities. Chief Executive Officer DeWitt Davenport explains,
“We are in the very fortunate position of having two extremely strong financial thinkers who have a long history with the company.” President Paul Rumul adds, “Steve’s expertise and wisdom are key to the company’s ongoing success and we are thrilled to promote Ann to the position of C.F.O., utilizing her many strengths, knowledge and leadership skills.”
A longtime Cape resident, Millett has spent nearly 30 years working in the Cape Cod business community. She resides in Yarmouth with her husband and two sons.