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Fairholme Announces Appointment of Fred Fraenkel as President

Fairholme announced today that Fred Fraenkel will now serve as President
of the Firm. Mr. Fraenkel will continue to serve in his current role as
Chief Research Officer of Fairholme Capital Management, where he
oversees all of the Firm's research activities.

“Fred's role as President is an exciting development for Fairholme,”
said Bruce Berkowitz, Chief Investment Officer and Managing Member of
Fairholme. “Fred's extensive experience in the mutual fund and hedge
fund space has proved invaluable to the Firm. This is just a formal
announcement of what has already been the reality, and it allows me to
focus on what I do best – investing.”

“I am excited to help lead Fairholme as we continue

See full press release

Posted-In: News Guidance Management

 

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