Signature Group Holdings Inc., an investment company, named Craig Bouchard as chairman and chief executive officer after settling a proxy fight.
Signature plans to issue shares to fund “large acquisitions,” it said in a statement today.
Bouchard was among investors who said Sherman Oaks, California-based Signature wasn’t generating a sufficient shareholder value.
To contact the reporter on this story: Sonja Elmquist in New York at firstname.lastname@example.org
To contact the editor responsible for this story: Simon Casey at email@example.com