Kevin Thompson was named interim executive director of the Florida Prepaid College Board, Tallahassee, which oversees a combined $9.5 billion for the 529 Florida Prepaid College Plan and the Florida College Investment Plan, according to Susan James, director of external affairs.
His hiring is effective Jan. 1. The executive director also serves as chief investment officer of the board.
Mr. Thompson, who will remain director of the Florida College Investment Plan, will replace Thomas J. Wallace, who plans to retire Dec. 31. The board has no plans to continue the search for executive director “at this time,” Ms. James wrote an e-mail. She couldn't be reached for further details about the interim position.
Mary Hobson, executive vice president of EFL Associates, an executive recruiting firm assisting the board in the search, couldn't be reached for comment. Messrs. Thompson and Wallace also couldn't be reached for further details.