– UK, Dundee – Alliance Trust PLC (LON: ATST), today confirmed the appointment of Sarah Bates as the Senior Independent Director, succeeding Karl Sternberg who is stepping down from the Board.
In addition, Chris Samuel, who joined the Board with Karl in 2015, has confirmed that he will not be seeking re-election at the Company’s next Annual General Meeting.
Gregor Stewart, the Chairman, said: “Chris and Karl both joined the Board in 2015 and are standing down as part of the Company’s succession plan. I would like to reiterate my thanks to Karl and also to thank Chris for the significant and continuing contribution he has made to the Board. I am also pleased to welcome Sarah to the role of Senior Independent Director.”
About Alliance Trust PLC
Alliance Trust aims to deliver long-term capital growth and rising income from investing in global equities at a competitive cost. We blend the top stock selections of some of the world’s best active managers, as rated by Willis Towers Watson, into a single diversified portfolio designed to outperform the market while carefully managing risk and volatility. Alliance Trust is an AIC Dividend Hero with 54 consecutive years of rising dividends.
For more information: https://www.alliancetrust.co.uk/
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