DAK Associates has appointed Steven Clark as president. Clark has held a wide range of senior leadership roles during his 22 years with the firm, most recently as managing director. He replaces company founder Dan Kreuter, who has been named chief executive officer. In this newly created role, Kreuter will focus on setting the firm's strategy and overseeing its continued growth.

DAK Associates, based in Philadelphia, Pa., is a national executive search and consulting firm that serves the global financial services community.

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