WCI Communities' executive vice president and chief financial officer, James P. Dietz, is leaving the company at year's end to work in the vacation resort industry.

"Jim has been a highly valued member of our executive team for over a decade and we wish him continued success in his future endeavors," said WCI President and CEO Jerry Starkey.

"I resign from WCI with mixed emotions," Dietz said in the announcement. "While I look forward to a new career in the vacation resort industry, I will miss the camaraderie and professionalism of the team that I worked with for the last dozen years. I wish WCI well and look forward as a continuing investor to WCI's re-emergence as one of America's top luxury home builders.

Ernest Scheidemann, 47, currently the company's vice president and treasurer, was appointed interim CFO, effective Dec. 28. Scheidemann, who has been with the company since 2004, has held a variety of finance-related positions at other companies. He was chief operating officer and chief financial officer of GT3 Corp., and chief financial officer of Walker Digital. Scheidemann will retain his duties as Treasurer while serving as interim CFO.

"We are fortunate to have a strong financial team and have confidence in Ernest's ability to assume the leadership role of CFO during these challenging times," said Starkey.

In September, Christopher J. Hanlon, a senior vice president as well as chief operating officer of WCI Communities' tower building division, announced he would leave at the end of the year to pursue other opportunities