Al Shemtaub, who until two weeks ago had been president of
Bisys Retirement Plan Services, has stepped down from his post,
Lynn Mangum, chairman and ceo at the Little Falls, New Jersey-headquartered firm, told InvestmentWires.
"Al will no longer serve as president," Mangum reported. "He will, however, continue to stay on and consult with us."
"
Charlie Moore, who is the group president, will be running retirement services for awhile. We are looking for a replacement, but it may take a long time before one is chosen."
No reason was given for Shemtaub's departure. 
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