If Bloomberg runs for president, a management committee will run his company

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If Bloomberg runs for president, a management committee will run his company
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If Michael Bloomberg runs for president, his financial company will create an expanded management committee to run the firm in his absence, according to a memo obtained by NBCNews.

that he might consider a sale of his company. “I think at my age, if selling it is possible, I would do that,” he said.

He also said at the time that it might be possible that the news arm of his company would no longer cover politics. “You could say we’re not going to cover politics at all,” heA spokesperson for Bloomberg L.P. confirmed that the memo came from the company. CORRECTION : A previous version of this article and a headline misstated how Bloomberg L.P. was run when Bloomberg was serving as mayor. During that time, others led the company; it was not run by a management committee.

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