Tri-Continental Corporation Holds 90th Annual Meeting of Stockholders and Announces New Director
15 Giugno 2020 - 5:33PM
Business Wire
Tri-Continental Corporation (the “Corporation”) (NYSE:
TY) today held its 90th Annual Meeting of Stockholders (the
“Meeting”) in Minneapolis, Minnesota. Stockholders voted in favor
of the recommendations of the Corporation’s Board of Directors (the
“Board”) on each of two proposals at the Meeting.
Specifically, Stockholders re-elected two Directors, Mses.
Patricia M. Flynn and Catherine James Paglia, and elected one
Director, Mr. Brian J. Gallagher, at the Meeting. Each were elected
as Director for a term that will expire at the Corporation’s 2023
Annual Meeting of Stockholders. Stockholders also ratified the
Board’s selection of PricewaterhouseCoopers LLP as the
Corporation’s independent registered public accounting firm for
2020.
Additionally, today following the Meeting, the Board held a
meeting at which its members considered and, thereafter,
unanimously appointed Sandra Yeager to the Corporation’s Board. Her
service with the Board commenced today, June 15, 2020, for a term
expiring at the 2021 annual meeting of stockholders. Ms. Yeager
currently serves on the board of trustees of certain of the mutual
funds within the Columbia Funds Complex (the Columbia Funds Board)
and, effective June 15, 2020, on the board of another Columbia
closed-end fund. Biographical information for Ms. Yeager is
included below.
In addition to her duties as a director, Ms. Yeager will also
serve on the Board’s Audit Committee, Contracts Committee, and
Investment Review Committee.
Ms. Yeager has over 26 years of experience in the financial
services industry. In August of 2008 she founded Hanoverian
Capital, LLC, an investment boutique specializing in international
equities for institutional clients, where she served as President
and Chief Investment Officer through December 2016. Prior to that,
Ms. Yeager served as Head of International Equities for DuPont
Capital and Head of Global Equity Research for Morgan Stanley
Investment Management, where she led a team of thirty people. Ms.
Yeager began her investment career at AllianceBernstein as an
equity analyst and advanced to become a global portfolio manager
for institutional and mutual fund clients.
The Corporation is managed by Columbia Management Investment
Advisers, LLC. This material is distributed by Columbia Management
Investment Distributors, Inc., member FINRA.
Investors should consider the investment objectives, risks,
charges, and expenses of the Corporation carefully before
investing. A prospectus containing information about the
Corporation (including its investment objectives, risks, charges,
expenses, and other information about the Corporation) may be
obtained by contacting your financial advisor or visiting
www.columbiathreadneedleus.com. The prospectus should be read
carefully before investing in the Corporation. For more
information, please call 1-800-345-6611 or visit
columbiathreadneedleus.com.
Investment products are not federally or FDIC-insured, are not
deposits or obligations of, or guaranteed by any financial
institution, and involve investment risks including possible loss
of principal and fluctuation in value.
© 2020 Columbia Management Investment Advisers, LLC. All rights
reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20200615005580/en/
Stockholder contact: Kevin Howley 617-385-9517
kevin.howley@columbiathreadneedle.com Media contact: Elizabeth
Kennedy 617-897-9394 liz.kennedy@ampf.com
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