View the article online at http://citywire.co.uk/wealth-manager/article/a493563
Lesley Knox to stand down as Alliance Trust chairman
by Sarah Miloudi on May 20, 2011 at 11:14
Lesley Knox, the chair of Alliance Trust , is stepping back from the vehicle.
At the trust's annual general meeting today - where Alliance will defend calls from Laxey Partners for a hard line discount control policy to be introduced to the vehicle - investors will be told Knox will leave in time for the 2012 AGM.
'As part of the board's succession plan, Alliance Trust is announcing that Lesley Knox will step down as chairman by the time of the 2012 AGM, after 10
years on the board,' shareholders were told.
It said the search for a replacement is already underway.
News sponsored by:
As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
Today's top headlines
The Citywire guide to investment trusts
Investment trusts have proved to be a highly effective way to invest in the market. Citywire has interviewed the experts to find out more.
With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop
More about this:
Look up the investment trusts
On the road
J.P. Morgan Elect on investment growth, income and cash. More information on J.P. Morgan investment trusts.
by Dylan Lobo on Jul 28, 2014 at 15:00