AMAC Names New CEO

Donald J. Meyer has been named chief executive officer of American Mortgage Acceptance Co., New York, and elected to the board of trustees, effective July 1. Former AMAC CEO and trustee J. Larry Duggins will retire effective June 30 to attend divinity school at Southern Methodist University, the company said. Mr. Meyer will continue serving as an executive managing director and chief investment officer at Centerline Capital Group, AMAC's manager. AMAC can be found on the Web at http://www.americanmortgageco.com.

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