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.

Responsibility for the institute's publications and continuing education, which had been under Davis, will be transferred to Arleen Thomas, formerly vice president of professional standards and services, who will now serve as senior vice president of member competency and development, AICPA president and chief executive Barry Melancon said.

Anderson had been at the AICPA since 1997, while Davis joined the institute in 1998.

Melancon said that Anderson's former duties will be split between Thomas and Susan Coffey, former vice president of audit quality and professional ethics, who has been promoted to serve as senior vice president of member quality and state regulation.

"We are grateful for the significant contributions that both Clarence Davis and Alan Anderson have made to the institute during their tenure, and they will be sorely missed," said Melancon.

He added that the departures gave the institute an opportunity to look at the best way to be organized to be the "most efficient."

The changes will take effect around March 1, with a transition period.

Chuck Landes, director of auditing and attestation, will fill Thomas' former post as vice president of professional standards and services. Bea Sanders will now serve as vice president, as she continues to head academic and career development.

John Toman, who has headed conferences and sales, has been named vice president in that area. Patricia Duane, formerly director of human resources, will serve as vice president of human resources and organizational effectiveness.

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