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Report: Ryan Labs Asset Management appoints president

Ryan Labs Asset Management Inc. has appointed Richard Familetti president and chief investment officer, Pensions & Investments reported, citing company spokesman Scott Paer.

Familetti has replaced Sean McShea, who will remain in an adviser capacity with the firm until the end of 2017.

Previously, Familetti served as director of asset management at Ryan Labs. He will retain those responsibilities in addition to his new roles.