Thursday, January 14, 2016
GAM announces changes in the Board of Directors
Tanja Weiher to step down with immediate effect
Tanja Weiher informed the Board of Directors of GAM Holding AG that she has decided to accept an executive role in the financial services industry in Switzerland. Due to the governance framework of her new employer, she will be required to step down from GAM’s Board of Directors with immediate effect. Tanja Weiher was elected to the Board in April 2013 and has served as a member of the Audit Committee and of the Governance and Nomination Committee.
The company will nominate a new candidate for election to the Board of Directors at its upcoming Annual General Meeting, scheduled for 27 April 2016.
Johannes A. de Gier, Chairman of the Board of Directors, said: “I have a great appreciation for Tanja Weiher’s contribution to the Board and her impact on our company’s evolution over the past three years. On behalf of the full Board of Directors, I would like to express my gratitude and, whilst we are pleased for Tanja that she has been offered this new opportunity, our sincere regret that she has been required to step down and will no longer be able to work with us.”
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GAM is one of the world’s leading independent, pure-play asset managers. It provides active investment solutions and products for institutions, financial intermediaries and private investors, under two brands, GAM and Julius Baer Funds. Its core investment business is complemented by private labelling services, which include management company and other support services to third-party institutions. GAM employs over 1,000 people in 11 countries with investment centres in London, Zurich, Hong Kong, New York, Lugano and Milan. The investment managers are supported by an extensive global distribution network.
Headquartered in Zurich, GAM is listed on the SIX Swiss Exchange and is a component of the Swiss Market Index Mid (SMIM) with the symbol ‘GAM’. The Group has assets under management of CHF 119.5 billion (USD 122.3 billion)*.
* Source: GAM. Data as at 30 September 2015.