The Gresham House Strategic investment trust (GHS) has reached an agreement with Gresham House – its largest shareholder – regarding the retirement of chair David Potter and a board reshuffle.
The news comes following a call from Gresham House last month for an extraordinary general meeting (EGM), in order to discuss Potter's 18-year tenure which the firm said is "out of step with both the AIC Corporate Governance Code and Gresham House's position on good governance". Now, the requisition notice has been withdrawn by Gresham House, on the basis that GHS's AGM will be moved forward from its original 14 September date to a day "no later than the 26 July", on which Potter will retire as chair and director of the board and not seek re-election. If a new chair is not found befor...
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