Board members of the $4 billion Space Coast Credit Union were working on a leadership succession plan when their President/CEO Douglas Samuels died suddenly and unexpectedly at the age of 57 on May 12.
“Always the watchdog, Doug expressed a concern to the board that a leadership succession plan was needed to protect the credit union, and in early 2017 the board expressed its intention of pursuing Timothy M. Antonition, executive vice president and chief operating officer as Doug's successor,” Dale B. Neubert, Space Coast's board chair, wrote on the credit union's blog post. “We were deeply saddened over our loss, but thankful to Doug that he had the foresight to prepare and protect the credit union, as he always did.”
On Thursday, Neubert announced Antonition was officially appointed the new president/CEO of the Melbourne, Fla.-based credit union.
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