Sending a stronger signal about his electoral ambitions in the 2016 presidential polls, former Florida governor Jeb Bush stepped down from his post from the board of a Florida-based real estate firm, Rayonier Inc.
His decision was disclosed on Monday in a filing of Securities and Exchange Commission.
Bush had recently announced his plans to contest the election for the presidential post in 2016. Hence, he has started to resign from other business obligations to make his presidential bid more clear. Last week, he had announced his decision to quit the board of Tenet Healthcare Corp. Before that, Bush made the announcement regarding leaving his advisory role with UK-based banking company, Barclays.
Rayonier had reported about Bush’s decision of leaving its board while it was filing a form with the Securities and Exchange Commission on Monday afternoon.
Writing in the SEC filing, Rayonier’s corporate secretary, Christopher A. Van Tuyl, said, “Mr. Bush stated that there are no disagreements between the Company and him related to the Company’s operations, policies or practices.”
Bush would step down from the company’s board at the end of the year. He has been working with Rayonier as a director since 2008.
According to Bush’s aides, the former governor is reviewing all of his business and civic roles so that he could completely concentrate on the 2016 presidential race.
Bush adviser Kristy Campbell said, “Governor Bush is in the process of reviewing all of his commitments right now, including his business commitments, as he begins to actively explore a potential run. This is a natural step as he transitions his focus.”
Bush is associated with the boards of many companies, while he also owns the chairmanship of Britton Hill Holdings, a Florida-based private equity group.
Bush had formally announced the launch a political action committee in mid-December that would explore his electoral prospects in the 2016 presidential elections.
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