Loughridge promoted to chair, Mulligan steps down, Murphy comes aboard
ETF boards, still relatively new, have lowest average director age
Handing small decisions to fund boards can keep things moving despite growing difficulty getting shareholders to vote on anything
Indies Laura Fergerson, James Lam expand board of ETF giant to 11 members
Impact investing veteran is board’s second hire in two years, following Kathleen Hagerty in 2022
Addition of Robert Astorino expands board of $2.8bn Gabelli Dividend & Income Trust to 13 members
Virtual/remote meetings allowed boards to do their work, but also depleted social capital trustees must regain through socialization in and out of boardrooms
Peter Finnerty comes aboard as fellow PwC alum Thomas Leonard prepares to retire
Critics have called the size of SEC penalties excessive, random, with little connection to self reports
Phillip Goff, board’s first new director in a decade, has previous experience as RBC Funds trustee