About the Muckleshoot Indian Tribe:
The Muckleshoot Indian Tribe is comprised of the descendants of the area's original Coast Salish peoples. The Tribe has lived in this area for thousands of years, possibly since the last glaciers receded. The Tribe's ancestral homeland, now known as the Muckleshoot Usual & Accustomed Area (or U & A), consists of a vast area stretching along the eastern and southern reaches of Puget Sound and the western slope of the Cascade Range.

About Clover Park Technical College Foundation:
The Clover Park Technical College Foundation was founded in 1992. The Foundation is a public, non-profit corporation. Clover Park Technical College and its Foundation have assisted thousands of individuals to successfully obtain their educational and career goals. Clover Park Technical College offers more than 50 career training degree and certificate programs in the areas of business, computer information and technology, health sciences, manufacturing, construction and trades, multimedia design, and personal care services.  The college also offers certification, online and distance learning, as well as continuing education courses. www.cptc.edu/foundation  

January 10, 2012, 12:03 PM EST

By Andrew Frye

(Updates with COO promotion in the second paragraph.)

Jan. 10 (Bloomberg) — Prudential Financial Inc., the second-largest U.S. life insurer, promoted Mehdi Mahmud to chief executive officer of Jennison Associates LLC, the investment unit with about $126.7 billion in assets under management.

Mahmud, who was chief operating officer of the unit, is taking the CEO post from Dennis Kass, who is remaining chairman, according to a statement today from the Jennison business of Newark, New Jersey-based Prudential. Ken Moore, previously the chief administrative officer, was promoted to COO.

Prudential is promoting executives as David Hunt, who joined the insurer in November as head of investments, sets his strategy. Hunt, a former senior partner at McKinsey & Co., is in charge of an operation that oversees more than $580 billion as CEO of Prudential Investment Management.

“Mehdi’s experience as chief operating officer at Jennison and Dennis’ ongoing active role will ensure continuity and stability,” Hunt said in the statement.

The promotions have “no impact” on Jennison’s investment teams, the company said. Jennison, which began managing money in 1969, sells mutual funds and other investment services to a customer base that include institutions and private clients.