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Mackey To Step Down As NAVA Chief

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Mark Mackey plans to leave his post as president and chief executive officer of NAVA Inc. by Oct. 31, the association says.

NAVA, Reston, Va., a trade group for the annuity and variable life industries, has launched a national search to replace Mackey.

The NAVA board hopes to find a successor by Oct. 5-7, when NAVA will hold its annual meeting in Philadelphia, NAVA Chairman Clifford Jack says.