Florida Panthers owner Vincent Viola has pulled his name out of nomination for Secretary of the Army, the club confirmed to George Richards of The Miami Herald.
President Donald Trump nominated Viola for the position in December.
The billionaire founder of Virtu Financial Inc. withdrew his nomination because distancing himself from his business ventures became too difficult, sources told Matthew Leising of Bloomberg News.
Viola, a graduate of the United States Military Academy at West Point, purchased the Panthers in 2013.
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