Harbinger Group Inc.
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SEC Filings

HRG GROUP, INC. filed this Form 8-K on 07/22/2016
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Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 21, 2016, the board of directors of HRG Group, Inc. (the “Company”) appointed Mr. Andrew A. McKnight as a Class I director of the Company. As a Class I director, Mr. McKnight's term will continue until the Company’s 2017 Annual Meeting of Stockholders. 

Mr. McKnight has been a Partner and Managing Director at Fortress Investment Group LLC ("Fortress") since 2005. Mr. McKnight was formerly a Managing Director at Fir Tree Partners. Prior to joining Fir Tree in 2002, he was in the Leveraged Finance group at Goldman, Sachs & Co.

The Company’s Nominating and Corporate Governance Committee, composed entirely of independent directors, and the Company’s board of directors, determined that Mr. McKnight qualifies as an independent director under the applicable rules of the Securities and Exchange Commission (the “SEC”) and the New York Stock Exchange and the Company’s Corporate Governance Guidelines.  Mr. McKnight has been named to each of the Compensation Committee and Nominating and Corporate Governance Committee of the Company’s board of directors. 

Mr. McKnight was nominated by Fortress to serve on the Company’s board of directors pursuant to the Company’s Certificate of Designation of Series A Participating Convertible Preferred Stock, dated as of May 12, 2011, as amended. Certain affiliates of Fortress are also a party to certain arrangements described under the heading “Certain Relationships and Related Person Transactions” in Amendment No. 1 to the Company’s Annual Report on Form 10-K/A for the fiscal year ended September 30, 2015, filed with the SEC on January 13, 2016 (and as described in subsequent reports filed by the Company with the SEC pursuant to the Securities Exchange Act of 1934, as amended).

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