– USA, MA – Columbia Seligman Premium Technology Growth Fund, Inc. (NYSE: STK), today announced that its Board of Directors unanimously appointed Brian J. Gallagher to the Fund’s Board effective on January 1, 2020, for a term expiring at the 2023 annual meeting of stockholders.
Mr. Gallagher currently serves on the board of trustees of certain of the mutual funds within the Columbia Funds Complex and, effective January 1, 2020, on the board of another Columbia closed-end fund. In addition to his duties as a director, Mr Gallagher will also serve on the Board’s Audit Committee, Contracts Committee, Executive Committee, and Investment Review Committee.
Effective December 31, 2019, Edward J. Boudreau, Jr., the Board’s current chairman is retiring from the Fund’s and the other closed-end fund’s Board, as well as from the Columbia Funds Board, on which he also currently serves as chairman. Ms Catherine Paglia, who currently serves as a director on the Board, will take over as the chairman of the Board upon Mr Boudreau’s retirement.
About Brian J. Gallagher
Mr Gallagher has 40 years of experience in the financial services industry, including 30 years of service as an audit partner in the financial services practice at Deloitte & Touche LLP. During his tenure at Deloitte, Mr Gallagher served as the Industry Professional Practice Director for the Investment Management Audit Practice and oversaw the development of the firm’s audit approach for clients in the industry, consulted on technical issues, and interacted with standard setters and regulators. He also has experience on boards of directors of non-profit organizations.
The Fund is managed by Columbia Management Investment Advisers, LLC. This material is distributed by Columbia Management Investment Distributors, Inc., member FINRA.
For more information: https://www.columbiathreadneedleus.com
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