EverBank Chief Risk Officer to Step Down

The chief risk officer of EverBank Financial (EVER) in Jacksonville, Fla., is stepping down.

Vice chairman and CRO Gary Meeks, 68, will retire from the company and its bank as of April 30, according to EverBank's Tuesday regulatory filing. Meeks has held those positions since 2005.

EverBank's filing did not mention plans to replace Meeks. A call to a company spokesman was not immediately returned.

The $17.6 billion-asset EverBank agreed in December to pay the Federal Insurance Deposit Corp. $48 million in order to cover losses on its purchase of the failed Bank of Florida in May 2010. In August, the company reached a $43 million settlement with the Office of the Comptroller of the Currency related to its foreclosure practices.

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