Signature Group Holdings, Inc. announced that the company's Board of Directors has increased the size of the Board from five to seven directors, nominating Mr. Patrick Deconinck, a former 3M Company executive, and Mr. William Hall, an exceptional operational manager with extensive financial and industrial experience, for election by the stockholders at its annual meeting as its new directors. Mr. Deconinck most recently served as Senior Vice President-West Europe for 3M from 2011 to 2015 and held overall responsibility for 3M's West Europe business, which accounted for approximately 20% of 3M's total revenues. From 2005 to 2011, Mr. Deconinck was Vice President and General Manager of 3M's Industrial Adhesives & Tapes Division where he provided global leadership for 3M's large operating unit.

He retired in March 2015 after providing more than 35 years of service to 3M. Mr. Hall has served as the General Partner of Procyon Advisors LLP, a Chicago-based private equity firm providing consulting and growth capital for healthcare services companies, since 2006 following the sale of Procyon Technologies, Inc. Mr. Hall has over 30 years of senior operating executive experience at various companies, including Procyon Technologies, Eagle Industries, Fruit of the Loom, Cummins Inc. and Falcon Building Products, Inc. where Mr. Hall, as Chief Executive officer.