General American Investors Company has appointed Sarah M. Ward to its Board of Directors. The firm made the announcement through a recent Board resolution.
Chairman Spencer Davidson welcomed Ward, citing her decades of legal expertise and strategic boardroom experience. She served as senior partner at Skadden, Arps, Slate, Meagher & Flom LLP before retiring in December 2021.
Currently, Ward holds board positions at CI Financial, Corient, Loblolly Inc., and the Settlement Housing Fund. She graduated from Princeton University and earned her Doctor of Law from Fordham University School of Law.
Strategic Leadership Boost for Growth
Established in 1927, General American Investors aims for long-term capital appreciation. The firm targets companies with strong growth potential. It has been listed on the NYSE since 1930.
Today, the company manages net assets of $1.5 billion and has 23.3 million common shares outstanding. Additionally, its preferred stock carries an aggregate liquidation value of $190 million under the NYSE symbol GAM Pr B.
With the addition of Sarah M. Ward to its Board of Directors, the firm strengthens governance and aligns with its investment strategy. Her expertise is expected to enhance board oversight and long-term planning.
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News Source: Businesswire.com
