Executives Abandon Och-Ziff Following $13 Billion In Withdrawals And An 80% Share Price Decline
What is that saying about rats and sinking ships, we forget? Irrespective, a trio of senior executives from Och-Ziff decided they've had enough fun after their fund lost $13 billion to withdrawals over the past 13 months and their stock tanked roughly 80%.
According to Bloomberg, among those departing are Drew Gillanders, a top European equity analyst; James Keith “JK” Brown, a partner and head of investor relations; and Paula Drake, chief compliance officer.