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Thursday, September 09, 1999|
Mainstay Prez Leaves Firm
The president of MacKay Shields Financial, a New York Life subsidiary and the investment advisor to the Mainstay Funds has left the company to "pursue other opportunities," according to the New York-based company.
MacKay Shields said Laplaige's role as president has been assumed by Ravi Akhoury, chairman and chief executive, while his position as head of the value team was transferred to Richard Rosen, 40, who joined the company in January from Prudential.
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