By Katherine Hamilton
FRP Holdings President David deVilliers Jr. resigned from his position and his son will succeed him, the company said Friday.
The elder deVilliers's son, David deVilliers III, was appointed by the board as the new president of the Jacksonville, Fla., real-estate company. The younger deVilliers, 46 years old, joined the company in 2001 as vice president. He served as executive vice president from 2019 to May 2024, when he was appointed as chief operating officer.
The elder deVilliers will continue to serve as adviser to the president and operating chief, as well as vice chairman of the board of directors. As president and chief operating officer in 2023, he made a total compensation of $1.2 million.
As executive vice president in 2023, the younger deVilliers made $1.2 million.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
January 03, 2025 12:19 ET (17:19 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。