Pershing Square executive Richard “Mick” Maguire will become non-executive chairman of the board of directors at Borders, taking over from Larry Pollock, the company announced this morning. McGuire joined the board in January 2008 “in connection with his role as a partner at Pershing Square Capital Management,” and he is leaving the investment firm now “to pursue entrepreneurial interests.” Pollock will remain on the board, and Mike Archbold moves up to lead director. The NYT, which had an advance look at the announcement, confirms in its story that new ceo Ron Marshall was recruited by Maguire. Borders “has been working […]
