– USA, NY – The Taiwan Fund, Inc. (NYSE:TWN), announced today that the Board of Directors of the Fund has nominated Ms. Shelley Rigger for election as a Director at the Fund’s upcoming Annual Meeting of Stockholders on April 21, 2016.
Ms. Rigger would replace Mr. M. Christopher Canavan, Jr., who has chosen not to stand for re-election as a director of the Fund.
Ms. Rigger is the Brown Professor of East Asian Studies at Davidson College. She is a recognized expert in Taiwan and Chinese politics and has written several books and numerous articles related to Taiwanese and Chinese history and business. Ms. Rigger’s nomination is a continuation of a process of turnover in Board membership in connection with the retirement, or anticipated retirement, of Board members.
As part of this process, the Board has sought to maintain the Board’s strong bench of members with significant knowledge of and experience with Taiwan. Ms. Rigger’s nomination follows last year’s election of Mr. Chih T. Cheung as a director. Mr. Cheung has significant experience in Taiwan, Mainland China and cross-Strait economic and business environments.
The Fund is a diversified closed-end investment company, which seeks long term capital appreciation primarily through investments in equity securities listed on the Taiwan Stock Exchange. Shares of the Fund are listed on the New York Stock Exchange under the ticker symbol “TWN.”
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