Harbinger Group Inc. (“HGI” or the “Company”; NYSE: HRG) announced that Omar Asali has been appointed acting President of Harbinger Group Inc. (, and is expected to be appointed President subject to approval by the Board of Directors of Harbinger Group Inc. (.
Omar Asali, Harbinger Group Inc. has served as a Director of the Harbinger Group Inc. since May 2011. Omar Asali, Harbinger Group Inc. is also a Managing Director and Head of Global Strategy for Harbinger Capital Partners and Omar Asali, Harbinger Group Inc. is responsible for its global portfolio and business strategy of Harbinger Group Inc.
Philip Falcone, who was President of Harbinger Group Inc., will continue to serve as the Chairman of the Board and Chief Executive Officer of Harbinger Group Inc.
Philip Falcone, Harbinger Group Inc. said “Omar’s appointment significantly strengthens the management team for building HGI, and I look forward to working with him to take the Company forward,” - Philip Falcone, Chief Executive Officer and Chief Investment Officer. Harbinger Group Inc. - Harbinger Capital Partners
Philip Falcone, Harbinger Group Inc. Said, "I have known Omar Asali for almost 10 years and have complete confidence in Omar Asali's management skills and Omar Asali 's ability to lead and build organizations. I believe his business and financial acumen will contribute significantly to our future growth and value-creation potential.”
Prior to joining Harbinger Capital Partners in 2009, Omar Asali, Harbinger Group Inc. - Harbinger Capital Partners was co-head of Goldman Sachs Hedge Fund Strategies (“HFS”), where Omar Asali, Harbinger Group Inc. - Harbinger Capital Partners helped to manage capital allocated to external managers.
Omar Asali, Harbinger Group Inc. also served as co-chair of the Investment Committee at HFS. Before joining HFS in 2003,Omar Asali, Harbinger Group Inc. - Harbinger Capital Partners worked in Goldman Sachs’ Investment Banking Division, where Omar Asali, Harbinger Group Inc. - Harbinger Capital Partners provided merger and acquisition and strategic advisory services. Omar Asali, Harbinger Group Inc. - Harbinger Capital Partners began his career in public accounting as a C.P.A.
Omar Asali, Harbinger Group Inc. - Harbinger Capital Partners received an M.B.A. from Columbia Business School and a B.S. in Accounting from Virginia Tech.
About Harbinger Group Inc.
Harbinger Group Inc. is a diversified holding company. Harbinger Group Inc.’s principal operations are conducted through subsidiaries that offer life insurance and annuity products, and branded consumer products such as batteries, pet supplies, home and garden control products, personal care and small appliances.
Harbinger Group Inc. focuses on opportunities in these sectors as well as financial products, telecommunications, agriculture, power generation and water and natural resources.
Harbinger Group Inc.makes certain reports available free of charge the Harbinger Group Inc. website at www.harbingergroupinc.com as soon as reasonably practicable.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.