Paul Perez, an executive vice president and chief compliance officer of Fidelity National Financial Inc., is stepping down. Board chair Oliver Barakat informed the board of the decision in a letter today.
"We'll miss his presence but know that he and Fidelity will continue to be supporters of our mission," Barakat said in the letter.
Perez was one of Mayor Alvin Brown's five appointments to the board when it was created last year.
In his place, Brown has appointed Jack Meeks, a certified fraud examiner, president of Jack Meeks & Associates and a member of the former Jacksonville Economic Development Commission.
His office is located at 1354 N. Laura St. in Springfield.
Perez's departure is the fourth announced since the nine-member board was formed.
Don Shea stepped down in January to lead the economic development efforts for St. Tammany Parish in Louisiana. Jim Bailey, publisher of the Daily Record, announced his resignation in September, but is still serving until City Council President Bill Gulliford names a replacement. And Donald Harris, the organization's first chair, left for a job in Houston in October.
Legislation for Meeks' appointment will be introduced tonight to City Council. Legislation for Harris' replacement, attorney Craig Gibbs, was introduced two weeks ago.
The Downtown Investment Authority is losing another original member.