Signature Group Names Bouchard CEO After Proxy Fight Settled

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 selmquist1@bloomberg.net

To contact the editor responsible for this story: Simon Casey at scasey4@bloomberg.net

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