Thursday, 28 May 2015
Last updated 3 hours ago
Jun 28 2011 | 5:30am ET
Och-Ziff Capital Management has a new pair of independent directors.
The New York-based firm, one of only a few publicly-listed U.S. hedge funds, said that it named J. Barry Griswell and Georganne Proctor to its board last week. The former is the former CEO of Principal Financial Group and MetLife Marketing Corp., and the latter is the former CFO of TIAA-CREF.
"Barry and Georganne have strong business and financial experience as well as complementary leadership skills," Och-Ziff founder Daniel Och said. "These qualities, together with the independent perspective they bring to the board, will be a significant asset for Och-Ziff."
Griswell and Proctor replace Jeffrey Leeds and William Cobb on the hedge fund's board. Both joined the auditing and nominating, corporate governance and conflicts committees, with Griswell additionally named chairman of the compensation committee.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by partcipating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…