Och-Ziff Names Two New Independent Directors

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.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...