AI filing briefs

WESTERN ASSET INTERMEDIATE MUNI FUND INC. (SBI)

SBI 8-K filings in 2019

Every material Form 8-K WESTERN ASSET INTERMEDIATE MUNI FUND INC. filed with the SEC in 2019, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.

Briefs in 201913 on record in all
Latest filing in 2019Jan 02, 2019leadership
High impact (4-5)0of 1 brief
ToneNeutral1
Jan 2, 4:16 PM ET

Western Asset Intermediate Muni Fund adds Nisha Kumar as director, two directors retire

Neutral leadership Written later 5.02

The fund announced that Nisha Kumar was appointed a director of each closed-end fund advised by Legg Mason Partners Fund Advisors, LLC, effective January 1, 2019, and that directors Dr. Riordan Roett and Leslie H. Gelb retired effective December 31, 2018. Kumar will serve on the fund's Audit, Nominating, Compensation, Pricing and Valuation Committees, and the changes are administrative board updates that do not alter the fund's operations as described in the filing.

  • Nisha Kumar appointed director effective January 1, 2019; she will sit on the Audit, Nominating, Compensation, Pricing and Valuation Committees
  • Dr. Riordan Roett and Leslie H. Gelb retired as directors effective December 31, 2018
  • Kumar has been Managing Director and CFO and Chief Compliance Officer of Greenbriar Equity Group, LP since 2011
  • Kumar was previously CFO of AOL LLC from 2007 to 2009 and CFO and Chief Administrative Officer of Rent the Runway, Inc. during 2011
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