With two of its top executives departing, the American Institute of CPAs announced a series of top management changes.The AICPA said that chief operating officer Clarence Davis, who has relocated his family to Savannah, Ga., will step down effective March 31, as he works towards retirement. Alan Anderson, senior vice president of both the member and public interest teams, is leaving the AICPA at roughly the same time to join Franklin Templeton Investments as senior vice president of global project management and strategy.

Most of Davis' responsibilities will be transferred to Anthony Pugliese, vice president of business reporting and member specialization, who has now been promoted to senior vice president of finance and administration.

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