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

The person in question is Cory Hilliard, who holds 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 9 KMSP.

At this time, the information provided is limited to his arrest and subsequent leave from USA Swimming.