In Brief: BITS Founder, CEO To Leave in May.(Catherine Allen)(Brief article)

Catherine Allen, the founder and chief executive of BITS, the business strategy and technology division of the Financial Services Roundtable, said she plans to step down from her post in May.

"There is a season for everything," Ms. Allen said in an interview Tuesday. "We've had a fabulous 10 years."

Ms. Allen said she is stepping down from BITS to have more time to focus on the Santa Fe Group, a …