Nucor earnings beat by $0.08, revenue fell short of estimates
LONDON - City of London Investment Group PLC (LSE:CLIG) announced Wednesday that Ben Stocks has taken over as Chair of the Nomination Committee, succeeding Rian Dartnell effective July 1, 2025. Dartnell will remain as a member of the Nomination Committee while continuing in his role as Chair of the Board.
The company also confirmed that Chief Executive Officer Tom Griffith has departed from the Board and his executive position as of July 1, as previously announced on June 10. Griffith will stay with the company in an advisory capacity through September 2025.
City of London stated that a planned succession process for the CEO position is underway, with additional information to be provided in the future.
The notification was made in accordance with UK Listing Rule 6.4.6, according to the company’s press release statement.
City of London Investment Group is an asset management firm listed on the London Stock Exchange (LON:LSEG), operating through two wholly owned subsidiaries: City of London Investment Management Company, Limited and Karpus Investment Management.
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