Clearview's Anthony Eisen resigns
Anthony Eisen has resigned as a non-executive director of Clearview Wealth.
As a result of his resignation, Eisen's alternative director Michael Jefferies has also stepped down.
Eisen is not considered an independent director by the Clearview board because he is currently an executive of investment holding company Guinness Peat Group, a substantial shareholder in Clearview.
The resignation comes as CCP BidCo's takeover bid moved past 50 per cent ownership last month.
As part of the implementation deed, BidCo announced that it would exercise its right as a shareholder to replace current non-executive members of the Clearview board for the "transitionary period after the completion of the offer (being the period until 30 June 2013)".
At that time, Crescent Capital managing partner Michael Alscher, and head of Macquarie Investment Management Private Market Michael Lukin, will transition onto the Clearview board, with current Clearview executives Ray Kellerman and Susan Thomas departing.
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