A chief financial officer has been placed on leave by USA Swimming. This decision was made after the organization learned of the individual's arrest. The arrest was due to charges of theft and embezzlement.

The person in question is Cory Hilliard, who held the position of chief financial officer at USA Swimming. His arrest led to the organization taking immediate action, placing him on leave on Monday.

Further details about the arrest and charges against Hilliard are available from the source, FOX 26 Houston. At this time, the information provided is limited to the arrest and subsequent leave from his position at USA Swimming.