Tri-Continental Corporation Announcements Regarding 89th Annual Meeting of Stockholders
January 30 2019 - 12:41PM
Business Wire
The Board of Directors (the Board) of Tri-Continental
Corporation (the Corporation) (NYSE: TY) today held a
meeting at which its members announced their consideration and
unanimous nomination of Anthony M. Santomero to the Corporation’s
Board, filling a seat vacated by Mr. William P. Carmichael due to
his retirement from the Board on December 31, 2018. In addition to
his duties as a director, Dr. Santomero will also serve on the
Board’s Audit Committee, Board Governance Committee, Contracts
Committee, and Investment Review Committee. Dr. Santomero currently
serves on the board of trustees of certain of the mutual fund
boards within the Columbia Funds Complex and is nominated to serve
on the board of another Columbia closed-end fund. Additional
biographical information for Dr. Santomero is included below.
At the Corporation’s 89th Annual Meeting of Stockholders to be
held on April 16, 2019 (the Meeting) in Minneapolis, MN,
Stockholders will be asked to elect Dr. Santomero and to re-elect
two other directors to the Board, each to hold office until the
2022 Annual Meeting of Stockholders, and all until their successors
are elected and qualify; to consider the ratification of the
Board’s selection of PricewaterhouseCoopers LLP as the
Corporation’s independent registered public accounting firm for the
2019 fiscal year; and to consider such other matters as may
properly come before the Meeting or any postponement or adjournment
thereof. This and other information relating to the Meeting,
including additional details of the Meeting place and time, will be
described in a notice of meeting and proxy statement that the
Corporation intends to file with the Securities and Exchange
Commission.
As previously announced on December 13, 2018, the close of
business on February 26, 2019 has been fixed by the Board as the
record date for the determination of Stockholders entitled to
notice of, and to vote at, the Meeting or any postponement or
adjournment thereof.
Anthony M. Santomero – Dr. Santomero is the former
President of the Federal Reserve Bank of Philadelphia. He holds the
title of Richard K. Mellon Professor Emeritus of Finance at the
Wharton School of the University of Pennsylvania and serves on the
boards of several public companies, including the Board of
Citigroup, Inc., Citibank N.A., Renaissance Reinsurance Company Ltd
and the Penn Mutual Life Insurance Company. He previously served as
Senior Advisor at McKinsey & Company and was the Richard K.
Mellon Professor of Finance at the University of Pennsylvania’s
Wharton School. During his 30-year tenure at Wharton, he held a
number of academic and managerial positions, including Deputy Dean
of the School. He has written approximately 150 articles, books and
monographs on financial sector regulation and economic performance.
Dr. Santomero will be retiring from the Board of Citigroup, Inc.
and Citibank N.A. effective April 1, 2019.
The Corporation 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 Corporation carefully before
investing. A prospectus containing information about the
Corporation (including its investment objectives, risks, charges,
expenses, and other information about the Corporation) may be
obtained by contacting your financial advisor or visiting
columbiathreadneedleus.com. The prospectus should be read
carefully before investing in the Corporation. For more
information, please call 1-800-345-6611 or visit
columbiathreadneedleus.com.
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/20190130005627/en/
Stockholder contact:Kevin
Howley617-385-9517kevin.howley@columbiathreadneedle.com
Media contact:Elizabeth
Kennedy617-897-9394liz.kennedy@ampf.com
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