Florida's Pen Air Federal Credit Union made it official this week: RonFields, its president/CEO who took a leave of absence last October“for health reasons,” has formally resigned with David Tuyo, chieffinancial officer, serving as interim CEO.

Officials of the $1.1 billion CU in Pensacola said its board wasin the process of recruiting Fields' replacement “but we are notmaking any statement now.”

Fields, well known in Pensacola for his civic work including astint as head of a local Chamber of Commerce and aid in financing a$120 million hotel project, had been CEO for three years.

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