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Comdisco Holding top executives, directors resign
By Jeff Pines
Washington, Aug. 12 - Comdisco Holding Co. Inc.'s top executives and four of its five board members resigned as part of its liquidation plan, according to a filing Thursday with the Securities and Exchange Commission.
According to the plan, Comdisco's officers, including Ronald Mishler, chairman, chief executive and president, were to resign on Aug. 12.
The board will appoint board member Ronald Thornton as chief executive, president and secretary. Four of the five directors will resign, leaving Thornton as the sole director.
In addition, Comdisco will file a certificate of dissolution with Delaware, the state in which it is incorporated.
Comdisco is a Rosemont, Ill., company formed to sell the assets of its predecessor, Comdisco Inc., and to distribute the proceeds.
As of June 30, Comdisco Inc.'s estate had $289 million of disputed claims, and payments to general unsecured claims totaled $3.98 billion as of Aug. 12.
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