Columbia Seligman Premium Technology Growth Fund, Inc. Announces New Director & Record & Meeting Dates for 10th Annual Meetin...
December 12 2019 - 2:44PM
Business Wire
The Board of Directors (the Board) of Columbia Seligman Premium
Technology Growth Fund, Inc. (the Fund) (NYSE: STK) today
held a meeting at which its members considered and, thereafter,
unanimously appointed Brian J. Gallagher to the Fund’s Board. His
service with the Board will commence 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 (the Columbia Funds Board)
and, effective January 1, 2020, on the board of another Columbia
closed-end fund. Biographical information for Mr. Gallagher is
included below. Effective December 31, 2019, Mr. 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 James Paglia, who currently serves as a
director on the Board, will take over as the chairman of the Board
upon Mr. Boudreau’s retirement.
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.
The Board also announced today that the Fund’s 10th annual
meeting of stockholders will be held on April 21, 2020 (the Annual
Meeting), and the close of business on March 3, 2020 has been fixed
by the Board as the record date for the determination of
stockholders entitled to notice of, and to vote at, the Annual
Meeting or any postponement or adjournment thereof. Further details
relating to the Annual Meeting, including proposals, as well as
additional details of the Annual Meeting place and time, will be
described in a notice of Annual Meeting and proxy statement that
the Fund intends to file with the Securities and Exchange
Commission.
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.
Investors should consider the investment objectives, risks,
charges, and expenses of the Fund carefully before investing. You
can obtain the Fund’s most recent periodic reports and other
regulatory filings by contacting your financial advisor or visiting
www.columbiathreadneedleus.com. These reports and other filings can
also be found on the Securities and Exchange Commission’s EDGAR
Database. You should read these reports and other filings carefully
before investing.
Investment products are not federally or FDIC-insured, are not
deposits or obligations of, or guaranteed by any financial
institution, and involve investment risks including possible loss
of principal and fluctuation in value.
© 2019 Columbia Management Investment Advisers, LLC. All rights
reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20191212005761/en/
Stockholder contact: Kevin Howley 617-385-9517
kevin.howley@columbiathreadneedle.com
Media contact: Elizabeth Kennedy 617-897-9394
liz.kennedy@ampf.com
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