Dennis Golem, a senior president and manager of Prescott, Ball & Turben Inc.'s public finance operation in Cleveland, has resigned.

Mr. Golem, who had been with the firm for about five years, said he submitted his resignation on July 2.

"I just resigned," he said. "There were no problems."

He added that he was contemplating offers to work in public finance in Ohio.

Ellen Golin, the manager of corporate communications for Kemper Securities Group, said Mr. Golem, "resigned to pursue other interests."

John Conner, a senior vice president at Prescott, has succeeded Mr. Golem as manager of the Cleveland operation. Mr. Cooner has been with Prescott for five years, specializing in Ohio health-care issues, Ms. Golin said.

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