Florida Chief Financial Officer Jeff Atwater taps housing finance executive for Citizens Property Insurance board

May 15, 2012

The following article was published in The Florida Current on May 15, 2012:

Atwater taps housing finance executive for Citizens board

By Gray Rohrer

Don Glisson Jr., CEO of Triad Financial Services, a Jacksonville-based manufactured home financing company, was appointed to the Citizens Property Insurance Corp.’s board of governors by Chief Financial Officer Jeff Atwater on Tuesday.

A 1982 Florida State University graduate with a degree in finance, Glisson’s experience mainly comes not from insurance but from the affordable housing and finance sectors. He does hold a resident general lines agent license that allows him to transact business on property, casualty and other lines of insurance in Florida. He also was chairman of the board for Atlantic Bancgroup, presiding over its merger with Jacksonville Bancorp in 2010.

Glisson replaces Citizen board Vice Chairman Rob Wallace, who resigned in February before announcing his run for state senate in March. Wallace, a former state representative, was appointed by Atwater in 2011 and served less than a year. He is challenging incumbent Sen. Jim Norman, R-Tampa, for the GOP nomination in Senate District 17.

“I find my personnel workload has shifted in a manner that will require more time and effort and this change will preclude any further participation,” Wallace wrote to Citizens Chairman Carlos Lacasa in his February resignation letter.

Citizens is also still searching for a permanent executive director after Scott Wallace (no relation) resigned in January. Gov. Rick Scott named his former Naples neighbor and ex-state representative Tom Grady as interim director until a replacement can be found. Citizens has contracted with a private firm to conduct a nationwide search, but a spokeswoman said Tuesday that no timeline on a final decision is in place.

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