Gaston Caperton is stepping down as president of the College Board, the company that runs the SAT and Advanced Placement exams. Caperton, 71, has helmed the College Board since 1999, a period that saw the number of students taking its exams go from 3 million to 7 million. But the decade also saw the SAT lose market share to its rival, the ACT, as a standardized college entrance exam. In 2009, Fortune magazine reported that an equal number of students now take the two tests.
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