News
01/03/2007
Governance expert joins GO USA
Governance for Owners (GO), the share owner advocacy partnership established by
former Hermes directors Peter Butler and Steve Brown and its US subsidiary,
Governance for Owners USA under the leadership of Peter Clapman and William Crist jointly announce that Linda Scott has joined our organization. Linda is a wellknown experienced governance professional who will take operational responsibility for the US side of GO’s Stewardship Service. Linda will also become a partner of Governance for Owners Group LLP, the London-based partnership which controls GO’s global activities.
Linda has over ten years experience in US corporate governance, proxy voting and
engagement having formerly been Director of Corporate Governance at TIAA-CREF
and, prior to that, Director of Investor Affairs at the New York State Common
Retirement Fund. She has been an active member of the Council of Institutional
Investors and is affiliated to a number of other specialist corporate governance
organisations, including the Investor Responsibility Research Center (IRRC). Linda’s governance expertise is enhanced by her background in communications and media relations.
At GO USA, Linda will be responsible for the delivery of GO’s Stewardship Service,
covering voting, structural engagement and policy matters in the US market. Based
in New York, she will contribute to the on-going development of the business with
GO USA’s President and CEO Peter Clapman, Deputy Chairman Bill Crist and
governance advisor Liz Fender.
Peter Clapman, President and CEO of the US subsidiary said “I have worked with
Linda for many years, both directly when she was at TIAA-CREF and before that in
her other positions. I am extremely pleased that she will be joining us, making the
US team even stronger.”
Peter Butler, CEO, said “I am delighted that GO has attracted to its team one of the
top leaders of US corporate governance. The combination of Linda Scott, Peter
Clapman, Bill Crist and Liz Fender makes GO USA pre-eminent in proxy voting and
engagement in that market. Overall our team goes from strength to strength and we
now have a group of 39 people, representing 14 nationalities, contributing to the
delivery of long-term value for GO’s clients in Europe, USA and Asia.”
ENDS
For further information contact:
Peter Clapman, GO USA, +1 914 723 5742
Michelle Edkins, GO Europe, + 44 20 7614 4750
Mani Pillai, Penrose, + 44 20 7786 4814
Notes to Editors:
1. Governance for Owners (GO) is an independent partnership between major financial institutions, shareowners and executives dedicated to adding long-term value for clients by exercising owners’ rights. There are two main product offerings.
The GO European Focus Fund, which invests in European public companies where value can be added through making use of ownership rights. Total funds now available to the GO European Focus Fund currently exceed US$860m (£440m, €650m).
The GO Stewardship Service offers voting and underlying engagement services covering 700 European and 500 US quoted equities combined with a more intensive programme of enhanced-value engagement on a subset of clients’ investments. Plans to extend operations in Asia are being developed.
Governance for Owners Group LLP, the parent, operates in Europe through Governance for Owners LLP and in the US through Governance for Owners USA Inc. Governance for Owners LLP is regulated by the Financial Services Authority. In South East Asia, GO operates in association with Tan Lye Huat and David Smith of HIM Governance. Governance for Owners LLP is the general partner of the GO European Focus Fund.Governance for Owners Group’s board members include founders Peter Butler and Steve Brown, Bob Monks (Chairman), Sir John Egan and investor appointees Ronnie Armist, Derek Scott and Christy Wood.
Summary CVs of key personnel can be found under the GO people section of the website.