Passed over for a CEO slot at Florida's Pen Air FCU David Tuyo, the 33- year-old former chief financial officer, expressed disappointment Thursday at missing out on the top job; however he has no regrets about moving on.
Tuyo starts next week at Lending Solutions Consulting in Elgin, Ill. as vice president working under LSI founder Rex Johnson. "I am really excited about my new job starting next Monday and being able to fulfill an important role in helping out not just the 300 who worked at Pen Air, but helping potentially hundreds or thousands in building management leadership," he said.
Tuyo served as the interim CEO at $1.2 billion Pen Air, but resigned July 2 after the Pensacola credit union picked Stewart Ramsey, president/CEO of the $450 million Fort Campbell FCU of Clarksville, Tenn., as its new CEO. Ramsey was slated to start at Pen Air this week.
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Upon his exit, Tuyo said, "I am quite proud of what I achieved at Pen Air destroying every performance record and bringing the credit union $12 million profits last year and on to $15 million this year."
Tuyo, who is a recipient of NAFCU's Professional of the Year honor in 2011 and of Credit Union Times' Trailblazer 40 Below honor, said, "I respect the decisions that were made." He said he doubts age was much of a factor in Pen Air's bypassing him as CEO.
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