CNO Financial Group, a $4.1 billion insurance holding company, named Frederick Crawford CFO and executive vice president. He succeeds Ed Bonach, who was promoted to CEO after James Prieur retired in October. Crawford, 48, joins Carmel, Ind.-based CNO from Lincoln Financial, where he was CFO for six years and most recently served as executive vice president of corporate development and investments. Previously, he was president of Bank One’s operations in Cincinnati and Northern Kentucky.

M.D.C. Holdings, the $958 million Denver-based homebuilder, appointed John Stephens CFO, principal accounting officer and senior vice president. He replaces Vilia Valentine, who left to become CFO at Inspirato. Stephens, 43, joins M.D.C. from homebuilder Standard Pacific Corp., where he was CFO since 2009. Earlier, he served as the company’s corporate controller and treasurer and worked in public accounting for five years at Arthur Andersen.

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