Signature Group Holdings Inc. announced that it has entered into a settlement agreement with New Signature LLC and certain of its affiliates for a new company proxy slate to be presented for election at the 2013 Annual Shareholders Meeting on July 16, 2013. As part of the settlement, New Signature LLC will withdraw its slate and support the company's slate. In conjunction with the settlement, Craig T. Bouchard has been appointed as Chairman and Chief Executive Officer. Under the terms of the settlement agreement, the slate will consist of Craig Bouchard, Peter Bynoe, Ed Lamb, Raj Maheshwari and Phil Tinkler. As part of the settlement agreement, Christopher Colville stepped down as interim Chief Executive Officer and Chairman of the Board of Directors as of June 4, 2013.
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