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Cumberland Advisors names president/CEO

Registered investment advisory firm Cumberland Advisors Inc. has named John Mousseau president and CEO.

Mousseau's appointment is part of the company's long-term succession plan, the firm said. Co-Founder David Kotok will remain board chairman and chief investment officer.

Mousseau had served as director of fixed income and as a member of the Sarasota, Fla.-based firm's management team.