Hess Corp. ended a four-month proxy battle with billionaire Paul Singer’s Elliott Management Corp., adding three of the activist investor’s five board nominees and heading off a shareholder vote on competing candidates.
Hess Corp. shareholders should elect all five directors nominated by billionaire Paul Singer’s Elliott Management Corp. at a May 16 annual meeting, proxy adviser Institutional Shareholder Services said.
Harvey Golub , the former chairman of American International Group Inc. , said the bailed-out U.S. insurer should be broken up eventually because the firm’s two main businesses have “no strategic fit between them.”
Harvey Golub, the former chairman of American International Group Inc., said President Barack Obama “violated every bankruptcy principle known to man” in the rescue of General Motors Co. and Chrysler Group LLC.
Robert Benmosche , the American International Group Inc. chief executive officer who clashed with Chairman Harvey Golub over the insurer’s restructuring, may find less resistance after forcing Golub’s departure.
American International Group Inc. Chairman Harvey Golub stepped down from the bailed-out insurer after feuding with Chief Executive Officer Robert Benmosche over the stalled divestiture of an Asia division.
Nov. 5 (Bloomberg) – Harvey Golub, chairman at Miller Buckfire & Co. discusses the personal credentials of President Barack Obama and Republican presidential nominee Mitt Romney. He speaks on Bloomberg Television’s “Market Makers.”
American International Group Inc. Chief Executive Officer Robert Benmosche rebuffed calls from the company’s former chairman to break up the company, saying the firm benefits from having a variety of businesses.