Harbinger Group Consummates Reincorporation Merger; Names Francis McCarron CFO - Quick Facts

Harbinger Group Inc. (HRG), formerly known as Zapata Corp., announced that it consummated its reincorporation from Nevada to Delaware and appointed a new Chief Financial Officer.

On December 23, 2009, Zapata consummated its reincorporation merger with its wholly-owned subsidiary, Harbinger Group. As a result of the reincorporation merger the domicile of Zapata changed from the State of Nevada to the State of Delaware.

Zapata is now governed by the laws of the State of Delaware and by a new Certificate of Incorporation and new Bylaws prepared in accordance with Delaware law. Zapata's executive officers and directors continue to serve in the same positions with Harbinger Group.

The company also announced that it has appointed Francis McCarron as Harbinger Group's chief financial officer On December 24. From 2001 to 2007, McCarron was the chief financial officer of Triarc Companies, Inc., which was renamed Wendy's/Arby's Group, Inc. in 2008.

by RTTNews Staff Writer

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