BlackRock Corporate High Yield Fund adopts classified board and amended bylaws
On October 28, 2016, the Fund's Board elected to be subject to Section 3-803 of the Maryland General Corporation Law and amended and restated the bylaws to classify the Board, effective that day. The filing sets out the initial three classes of directors, which shapes how and when directors are elected.
- Board elected to be subject to Section 3-803 of the Maryland General Corporation Law on October 28, 2016
- Amended and Restated Bylaws classify the Board and amend Article I, Section 11 on director elections, deemed effective October 28, 2016
- Class I: Cynthia L. Egan, Michael J. Castellano, Catherine A. Lynch; Class II: R. Glenn Hubbard, W. Carl Kester, John M. Perlowski, Karen P. Robards; Class III: Richard E. Cavanagh, Frank J. Fabozzi, Jerrold B. Harris, Barbara G. Novick