Och-Ziff Board Member Barr Quits Amid Battle Over Who Will Run Firm

(Reuters) Och-Ziff Capital Management director William Barr is leaving the hedge fund’s board at the end of the month, marking the first visible fallout from a battle over who will run the firm in the future. The hedge fund firm said in a regulatory filing on Monday that Barr’s decision to step down from the seven-member board “relates to a disagreement over CEO succession, as well as business and governance plans for the Company.” Barr notified the firm of his plans last week and Och-Ziff made the news public on Monday.

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