Florida’s Pen Air Federal Credit Union made it official this week: Ron Fields, its president/CEO who took a leave of absence last October “for health reasons,” has formally resigned with David Tuyo, chief financial officer, serving as interim CEO.
Officials of the $1.1 billion CU in Pensacola said its board was in the process of recruiting Fields’ replacement “but we are not making any statement now.”
Fields, well known in Pensacola for his civic work including a stint as head of a local Chamber of Commerce and aid in financing a $120 million hotel project, had been CEO for three years.
Nationally, Fields was regarded for his work with veterans groups with Pen Air being a 2010 platinum sponsor of the “Emerald Coast Honor Flight” flying World War II veterans from northwest Florida to Washington to visit memorials.
Fields had also been an appointed board member of the service corp. of the League of Southeastern Credit Unions. The league said Wednesday Fields “no longer serves on that board.”
Back in May, Tuyo, the interim CEO, was named by NAFCU as its Professional of the Year for CUs above $150 million. And CUES last year profiled the then 31-year-old Tuyo “as one of CUES Next Top Credit Union Execs.”