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DAI-ICHI LIFE HOLDINGS, INC : 8750 Stock Price | JP3476480003
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Michael J Morrissey appointed board chairman for Protective Life - Birmingham Business Journal
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May 24, 2021
It was the rarest of public appearances. At Toshiba Corp.’s extraordinary general meeting in March, a lawyer, who didn’t give his name, talked for four minutes about why shareholders’ rights should never be infringed.
He was speaking on behalf of Effissimo Capital Management Pte, a secretive hedge fund that had avoided the spotlight for almost 15 years. Now it was coming out into the open, if only slightly, to spearhead a campaign to bring change at the conglomerate and, by extension, corporate Japan.
Effissimo’s victory over Toshiba’s management in that March 18 shareholder vote was a landmark moment both for Japan Inc. and the hedge fund, whose guarded actions have long been the subject of intrigue.
Provided by Business Wire
Protective Life Corporation Appoints Michael J. Morrissey as Board Chairman
Protective Life Corporation (Protective), a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), is pleased to announce that Michael J. Morrissey, former President and Chief Executive Officer of the International Insurance Society (IIS), has been appointed Chairman of its Board of Directors, effective May 11. Mr. Morrissey has served on Protective’s Board of Directors since May 2020.
“Serving as a member of the Protective Board of Directors for the past year has been a privilege, and I’m honored to now serve as Chairman of the Board,” said Mr. Morrissey. “As we navigate an industry full of opportunities, Protective has a strong leadership team in place, and I’m looking forward to continuing our work to build the business for the future and deliver on promises to customers.”