Richard E. Graf retired as CEO of Marco Consulting Group on July 31.
Mr. Graf, an industry veteran who was lured out of retirement three years ago by Jack Marco, the investment consulting firm’s founder and chairman, is leaving to spend more time with his extended family in Houston, Mr. Marco said in a telephone interview.
Mr. Marco said he’ll be interim CEO until a replacement can be hired, hopefully by the end of August.
Efforts to reach Mr. Graf were unsuccessful.
Separately, Mr. Marco said his team is working out the details of transferring the equity in the company held by him and Vice Chairman Thomas A. Mitchell to others in the firm. An earlier deal announced in February 2008 to sell a majority stake in Marco Consulting to venture capital firm Hopkins Capital Group unraveled later that year.