NEW YORK – Joseph A. Orlando, CFO of Leucadia National Corp., will retire by Aug. 31 due to health issues, the company recently announced. An executive search is underway for a replacement.

"My twenty-seven years at Leucadia have been incredible and will forever be an important part of my life. I retire from the company with enormous confidence in our team and business," Orlando said.

Richard B. Handler, CEO, and Brian P. Friedman, president, said in a joint statement: "Joe is an outstanding partner and professional whom we will miss, but we support his need to focus on his health and comfort. We will diligently consider candidates for our CFO position and are confident we will succeed in recruiting a similarly world class professional for this role. We appreciate Joe's commitment to a smooth transition."

Leucadia National is a diversified holding company engaged in an array of businesses. The company acquired a 79 percent ownership interest in National Beef Packing Co. LLC for $1.3 billion in 2012.