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BANKING AND FINANCE

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Compiled by James S. Granelli Times staff writer

Atop Spring Mountain: Scott A. McAfee, a financial industry consultant, has been selected president and chief executive of Spring Mountain Group in Newport Beach. McAfee, 38, assumed his duties immediately, filling a vacancy in the financial holding company founded and chaired by longtime Orange County businessman Frank O’Bryan.

The firm is the parent company of Spring Mountain Escrow, the state’s largest independent escrow company, and of Spring Mountain Mortgage and of Pioneer Savings and Loan.

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