Former IRS commissioner Douglas Shulman drops bid to join CBOE board
Actions have consequences – via Reuters.
A former U.S. Internal Revenue Service commissioner has withdrawn his bid to join CBOE Holdings Incs board of directors as he faces fire for the agencys targeting of conservative groups for extra tax scrutiny.
Douglas Shulman, who led the IRS from 2008 to 2012, withdrew his candidacy to serve a one-year term, according to a regulatory filing byCBOE, the parent of the Chicago Board Options Exchange, on Monday.
“We understand that Mr. Shulman’s decision to withdraw his candidacy for election was due to the timing of his testimony before Congress and was not due to any disagreement or dispute between the company and Mr. Shulman,” CBOE Chief Executive William Brodsky wrote in a letter to stockholders.
The post Former IRS commissioner Douglas Shulman drops bid to join CBOE board appeared first on Riehl World News.
Source: http://riehlworldview.com/2013/05/former-irs-commissioner-douglas-shulman-drops-bid-to-join-cboe-board.html
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