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Florida CFO Jeff Atwater resigning for 'expanded' CFO role at FAU

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Florida Chief Financial Officer Jeff Atwater announced Friday he’s resigning from his Cabinet position to return to Palm Beach County and take a job as the CFO of Florida Atlantic University in Boca Raton.

Atwater, who is from North Palm Beach, will be the university’s vice president of strategic initiatives and CFO — where he’ll “lead strategic initiatives and economic development opportunities for FAU as well as manage the university’s finances and budget.”

FAU’s previous CFO, Dorothy Russell, retired on Jan. 31.

Atwater was elected Florida’s CFO in 2010 and won re-election in 2014. He cannot seek a third term but still had about 23 months left in office.

Atwater’s office said there is no designated date yet for when he will officially resign, but he plans to leave after the 2017 legislative session ends — sometime after May 5.

“I am honored to join FAU in such a significant capacity,” Atwater said in a statement from his state office. “While I would have preferred to embrace this opportunity at a later date, the timing of crucial university initiatives warranted an accelerated transition.”

Atwater added in a statement from FAU: “I cannot think of a better place to begin the next phase of my career.”

Full story here.

Photo credit: AP

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