Messier Resigns from NYSE Board
By Multi Channel News Staff -- Multichannel News, 1/24/2003 12:14:00 PM
Embattled former Vivendi Universal chairman Jean-Marie Messier resigned from the board of directors of the New York Stock Exchange, the NYSE announced Friday.
Messier, who had been a member of the NYSE board since June 2001, resigned Dec. 9 after the launch of his merchant bank, Messier Partners LLC.
"My new business does not fit in with the `classification' I had at the time I joined," Messier said in a prepared statement, "so it is only fair for me to give back my seat on the NYSE board."
Messier, under intense pressure from Vivendi's board and investors, left the French media giant in July.
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