– USA, NY – General American Investors Company, Inc. (NYSE symbol – GAM), a closed-end investment company, reported that Clara E. Del Villar, an experienced senior executive in the financial services, technology and energy industries, has been appointed to the Board of Directors of the Company. Mr. Spencer Davidson, Chairman of the Company, commented, “We are pleased to welcome Ms. Del Villar to our Board in view of her experience in the financial services and technology industries as well as her engagement in numerous philanthropic and eleemosynary endeavors.” Ms. Del Villar has held positions at Neuberger Berman, Lehman Brothers, and Nortel Networks, in addition to others, and is a graduate of Georgetown University with a degree in International Finance/Commerce.
General American Investors was founded in 1927, has been publicly traded since its inception and has been listed on the NYSE since 1930. The objective of the Company is long-term capital appreciation through investment in companies with above average growth potential. The Company has total net assets of approximately $1.1 billion applicable to its 27.2 million shares of common stock outstanding. The aggregate liquidation value of the Company’s preferred stock is $190 million (NYSE symbol – GAM Pr B).
For more information : http://www.generalamericaninvestors.com
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