In the Margins

Moody's more positive than most on AB

May 9, 2017

By Barron's

AllianceBernstein's share price has fallen more than 5% since the abrupt removal of its chairman and CEO Peter Kraus and eight board directors. While AB investors and analysts were alarmed by the leadership change, Moody's Dean Ungar does not believe the personnel changes signal "negative developments" ahead. Read the original story from Barron's.

 

 

Most Read

Top of the Agenda - Governance
Victory-USAA deal: New board leadership on deck

In an unusual move, the board overseeing USAA's mutual funds is planning to replace its long-serving independent chairman with an interested chair upon completion of Victory ...