In the Margins
Thomas Glocer will take over the role of independent lead director of Morgan Stanley's corporate board, starting in September. He will replace Erskine Bowles, who had been independent lead director since 2014 and will remain on the board. The change is part of a governance policy to rotate directors periodically. Read the original story from Reuters.
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The bottom line: In the near term, it’s not likely that the roles and activities of mutual fund directors will change much. There will be no ...
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