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Timber Bay hires new CFO to support growth

Reported by Privatefundscfo
May 18, 2026· 3 min read
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Key Takeaways
  • • Jason Wehby appointed Chief Financial Officer of Timber Bay Partners, effective April 20, 2026, bringing over 20 years of financial leadership experience across private-market and family-owned organizations to support the firm's next growth phase.
  • • Wehby joins from Hauser and Hauser Private Equity, where he served as CFO overseeing financial reporting, forecasting, risk management, operational infrastructure, and technology strategy for a registered investment advisor managing a private equity fund of funds platform.
  • • Cincinnati-based private equity firm Timber Bay recently closed its third flagship fund at $281 million, positioning the CFO hire to support expanded operations and lower mid-market deal activity across North America.
  • • Wehby brings Big Four and mid-market investment experience, with prior roles as CFO and Treasurer at The Model Group (mission-driven real estate development) and Controller at FSI Group (Cincinnati investment firm), plus audit and advisory background from Ernst & Young.
  • • Joe Woods, Managing Partner, cited Wehby's technical depth, operating experience, and capability to build scalable finance functions as critical to supporting investor relationships and team growth during the firm's expansion.
Summary
Timber Bay Partners, a Cincinnati-based private equity firm focused on GP-led investing and lower mid-market transactions, has appointed Jason Wehby as Chief Financial Officer effective April 20, 2026. The hire occurs as Timber Bay advances its growth trajectory following the recent final close of Timber Bay Fund III at $281 million, a fund already more than a quarter deployed across North America.

Wehby brings substantial institutional experience to the role, with over two decades of financial leadership across private-market and family-owned organizations. Most recently, he served as Chief Financial Officer at Hauser and Hauser Private Equity, a registered investment advisor managing a private equity fund of funds and co-investment platform. In that capacity, Wehby directed financial reporting, forecasting, risk management, operational infrastructure modernization, and technology strategy while partnering with ownership to strengthen internal controls and expand long-range planning. His earlier career includes senior finance roles at Cincinnati-based organizations: Chief Financial Officer and Treasurer of The Model Group, a mission-driven real estate development and management firm; Controller at FSI Group, an investment firm; and audit and advisory services across multiple industries at Ernst & Young. Wehby holds a Bachelor of Science and Master of Science in Accountancy from Miami University and is a Cincinnati native.

Joe Woods, Managing Partner of Timber Bay Partners, characterized the appointment as strategically aligned with the firm's trajectory. "He has the technical depth, the operating experience, and the steady judgment to support our investors and our team as we continue to grow," Woods stated. "He has spent his career building finance functions that scale." The CFO hire underscores Timber Bay's focus on strengthening operational infrastructure and investor relations as the firm deploys capital from its third flagship vehicle and prepares for sustained growth in the lower mid-market segment.

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Privatefundscfo Timber Bay hires new CFO to support growth