Deerfield Beach, Fla. — Cheryl Scully has been promoted to vice president and treasurer for JM Family Enterprises, according to AutoRemarketing.

Scully will oversee all aspects of the company's treasury department, including asset-backed funding programs, cash management, financial interest-rate risk management and banking relationships.

Prior to joining JM Family in 2004, Scully served as treasurer and vice president of investor relations for Paxson Communications. She has also held management positions in finance and treasury at ANC Rental, AutoNation and Circuit City Stores.