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
Report showing trends in growth, assets may be part of greater effort to communicate with industry struggling to keep up with rapid regulatory changes
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
Effort required to rewrite narratives, redesign, print, mail reports adds to expected difficulty of creating data-heav but “visually engaging” layout
Agency bars third-party apps and text from SEC work phones to tighten security, bring agency more into line with rules it enforces on regulated companies, Bloomberg reports