Edition:
United States

Independent Investment Trust PLC (IIT.L)

IIT.L on London Stock Exchange

370.00GBp
11:35am EDT
Change (% chg)

7.50p (+2.07%)
Prev Close
362.50p
Open
370.00p
Day's High
370.00p
Day's Low
370.00p
Volume
4,819
Avg. Vol
43,421
52-wk High
419.50p
52-wk Low
322.35p

Summary

Name Age Since Current Position

Douglas McDougall

Independent Non-Executive Chairman of the Board

Maxwell Ward

Managing Director, Director

James Ferguson

67 2000 Senior Independent Non-Executive Director

Robert Laing

2000 Independent Non-Executive Director

Biographies

Name Description

Douglas McDougall

The Hon. Douglas C. P. McDougall, OBE, serves as an Independent Non-Executive Chairman of the Board of Independent Investment Trust PLC. Douglas McDougall was a partner in Baillie Gifford & Co from 1969 until April 1999. From 1989, when he was appointed joint senior partner, until his retirement in 1999, he was in overall charge both of the firm’s investment departments and of its investment policy committee. He is chairman of The European Investment Trust plc and The Scottish Investment Trust PLC and a director of The Monks Investment Trust PLC, Pacific Horizon Investment Trust PLC and Herald Investment Trust plc. He is a former chairman of IMRO, the Association of Investment Companies and the Fund Managers’ Association.

Maxwell Ward

Mr. Maxwell C. B. Ward, (Max) serves as Managing Director, Director of Independent Investment Trust PLC. Max Ward was a partner in Baillie Gifford & Co from 1975 until April 2000, and was head of the firm’s UK Equity Department from 1981 until his retirement in 2000. From 1989 until 2000 he was the manager of Scottish Mortgage Investment Trust PLC. He is a director of The Edinburgh Investment Trust plc.

James Ferguson

Mr. James G. D. Ferguson serves as Senior Independent Non-Executive Director of Independent Investment Trust PLC. James Ferguson joined Stewart Ivory (previously Stewart Fund Managers) in 1970. He was appointed a director in 1974, and became chairman in 1989, a post he held until his retirement in 2000. He is chairman of Value & Income Trust plc, The Monks Investment Trust PLC, The Scottish Oriental Smaller Companies Trust plc, The North American Income Trust PLC, Amati Global Investors Limited and Northern 3 VCT plc, and a director of Audax Properties PLC. He is a former deputy chairman of the Association of Investment Companies and is a former member of the Executive Committee of the Fund Managers’ Association.

Robert Laing

The Hon. Robert J. Laing serves as an Independent Non-Executive Director of Independent Investment Trust PLC. Robert Laing was admitted as a solicitor in England in 1977 and in Scotland in 1985. He worked for Slaughter and May from 1975 until 1983, when he joined Maclay Murray & Spens. He has been a partner in Maclay Murray & Spens (now Maclay Murray & Spens LLP) since 1985 and chairman since 2010. He is a director of The Law Debenture Corporation plc. All the directors are members of the audit committee and nomination committee and all the directors except Max Ward are members of the remuneration committee. Douglas McDougall is the chairman of all three committees.

Basic Compensation

Name Fiscal Year Total

Douglas McDougall

45,000

Maxwell Ward

150,000

James Ferguson

10,000

Robert Laing

10,000
As Of  29 Nov 2015

Options Compensation