Former Citizens interim president, known for personal spending, appointed by Gov. Scott to State Board of Education
Republican Gov. Rick Scott has appointed his close friend, former state lawmaker and head of the Office of Financial Regulation, to fill a vacancy on the State Board of Education.
Tom Grady, 57, is a wealthy securities lawyer from Naples, who's perhaps best known though for his questionable travel spending during his brief tenure in 2012 as interim president of Citizens Property Insurance.
In less than two months overseeing the state-run provider, he spent nearly $10,000 on expensive hotel rooms, airplane trips, a limo ride and a three-night stay in Bermuda. Grady defended the spending, saying he was actually "very frugal." More here. He lost the permanent job to a Maryland insurance executive and returned to the private sector.
Before that, during his tenure running OFR, Grady also projected a stark contrast in leadership philosophy: a fiscal conservative who cut costs but also racked up hefty personal travel expenses on taxpayers' dime. More here.
Scott appointed Grady on Friday for a term that ends in December 2018. The appointment is subject to confirmation by the Florida Senate.