Larry Knapp, who served as president and chief operating officer of San Francisco Bay Area-based luxury brokerage Alain Pinel Realtors, has left the company. CEO Paul L. Hulme, the real estate brokerage’s founder, has taken over the presidency. Knapp held the position from July 2003 until earlier this month.

"The circumstances are right for me to resume the responsibilities of the office of the president and for Larry to move on with his career — we parted amicably," said Hulme, in a statement. The San Jose Mercury News reported that Knapp had resigned.

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