Citizens Property Insurance picks new president

State-backed Citizens Property Insurance has named executive Barry Gilway its new president, replacing Tom Grady, who had been the company’s interim president since being named in March by Gov. Rick Scott, the Palm Beach Post reported. Gilway was previously the CEO of Mattei Insurance Services in Maryland. Citizens’ board is currently meeting in Tampa. Grady was reportedly in the running for the permanent post in a pool of five candidates. [Palm Beach Post]