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Jeb Bush Resigns From Another Corporate Board

The move signals he is inching closer to a presidential run.
Image: Jeb Bush To Explore Presidential Run
FILE - DECEMBER 16, 2014: It was reported that Former Florida Gov. Jeb Bush announced he plans to actively explore a campaign for the 2016 presidential bid on December 16, 2014. WOODBURY, NEW YORK - FEBRUARY 24: Former Florida Gov. Jeb Bush speaks during a Long Island Association luncheon with LIA President and CEO Kevin S. Law at the Crest Hollow Country Club on February 24, 2014 in Woodbury, New York. Bush is widely seen as a possible presidential contender in 2016. (Photo by Andy Jacobsohn/Getty Images)Andy Jacobsohn / Getty Images, file

Signaling he is moving closer to a presidential run, former Florida Governor Jeb Bush has announced his resignation from another corporate board.

Bush will no longer serve on the board of forest resources and real estate company Rayonier Inc. as of December 31. Bush served on the publicly traded company’s board for six years.

Bush, the son of former President George H.W. Bush and brother of former President George W. Bush, announced nearly two weeks ago that he is exploring a run for president. Since then Bush has also announced he’s resigning from the boards of Tenet Healthcare and Barclays.

Rayonier spokesman Mike Bell said that after Bush announced his presidential exploration, a resignation from Bush “was not unexpected.” He first communicated the news with Rayonier CEO David Nunes both in writing and verbally, and the company filed papers with the Securities and Exchange Commission on December 23rd notifying the agency of the change, a requisite for a publicly traded company.


- Leigh Ann Caldwell