Doral-based U.S. Century Bank has confirmed the departure of President and CEO Carlos J. Dávila, effective Dec. 31.
"We have initiated a search for a CEO, and hope to have a replacement within the next few weeks," the bank said in a statement.
Former board member and current shareholder Sergio Pino, president of Century Homebuilders, told the Business Journal that Dávila’s departure is a result of some tension between the CEO and the bank’s shareholders and owners.
“I think the bank will…
Four developers filed applications in early November to build commercial projects in western Palm Beach County.
All four future land use amendments are scheduled for their first county hearing on March 11. They could be approved by the county commission in July.
A developer wants to rezone an agricultural site at 8251 Boynton Beach Blvd. to 59,677 square feet of commercial/retail space.
The 6.85-acre site is between Lyons Road and Florida’s Turnpike. It’s owned by West Boynton Center/Smigiel… 
After just 50 days in business, The Little Chalet has big expansion plans, the South Florida Business Journal has learned.
Ricky Marcellini, who owns the Boca Raton prime meats and fondue eatery with his father and brother, said he expects to open a second location by 2017 in Fort Lauderdale, and will begin seeking that space in Broward County in the summer. Then, Palm Beach Gardens may be an ideal city for a third restaurant, he said. He and his family aim to open five Little Chalets in the next… 
A Jupiter biotech firm has sold a division for $75 million, giving a big cash boost to a company on the ascendancy after a rough few years.
Dyadic International Inc. announced Tuesday that it had signed a contract to sell its industrial technology business line to chemicals giant DuPont for $75 million in cash. Following completion of the transaction, Dyadic said in a statement it plans to focus exclusively on its biopharmaceutical business.
Mark Emalfarb, Dyadic's founder and CEO, said the sale… 
