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Delaware Investments Minnesota Municipal Income Fund Ii Inc (VMM)

VMM on American Stock Exchange

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29 Sep 2016
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Summary

Name Age Since Current Position

Thomas Bennett

68 2015 Chairman of the Board of Trustee

Roger Early

62 2015 President, Chief Executive Officer, Head of Fixed Income Investments, and Co-Chief Investment Officer – Total Return Fixed Income Strategy

Richard Salus

52 Chief Financial Officer, Senior Vice President

David Connor

52 2015 Senior Vice President, General Counsel, Chief Legal Officer

Daniel Geatens

43 Vice President, Treasurer

Ann Borowiec

58 2015 Independent Trustee

Joseph Chow

63 2013 Independent Trustee

John Fry

55 2001 Independent Trustee

Lucinda Landreth

68 2005 Independent Trustee

Frances Sevilla-Sacasa

60 2011 Independent Trustee

Thomas Whitford

60 2013 Independent Trustee

Janet Yeomans

67 1999 Independent Trustee

Biographies

Name Description

Thomas Bennett

Mr. Thomas L. Bennett is Chairman of the Board of Trustee of Delaware Investments Minnesota Municipal Income Fund II, Inc. Mr. Bennett has over 30 years of experience in the investment management industry, particularly with fixed income portfolio management and credit analysis. He has served in senior management for a number of money management firms. Mr. Bennett has also served as a board member of another investment company, an educational institution, non-profit organizations and for-profit companies. He has an M.B.A. from the University of Cincinnati and is a Chartered Financial Analyst. Mr. Bennett has served on the Board since March 2005.

Roger Early

Mr. Roger A. Early is President, Chief Executive Officer, Head of Fixed Income Investments, and Co-Chief Investment Officer – Total Return Fixed Income Strategy of Delaware Investments Minnesota Municipal Income Fund II Inc., He has served in various capacities, including portfolio manager, at different times at Delaware Investments.

Richard Salus

Mr. Richard Salus, CPA, is Chief Financial Officer, Senior Vice President of the Company. He has served in various executive capacities at different times at Delaware Investments.

David Connor

Mr. David F. Connor, Esq., is Vice President, Deputy General Counsel, Chief Legal Officer of Delaware Investments Minnesota Municipal Income Fund II, Inc. He has served in various executive and legal capacities at different times at Delaware Investments since 2000.

Daniel Geatens

Mr. Daniel V. Geatens is Vice President, Treasurer of the Company. He has served in various capacities at different times at Delaware Investments.

Ann Borowiec

Ms. Ann D. Borowiec is Independent Trustee of Delaware Investments Minnesota Municipal Income Fund II Inc., Ms. Borowiec has over 25 years of experience in the banking and wealth management industry. Ms. Borowiec also serves as a board member on several nonprofit organizations. In nominating her to the Board in 2015, the Independent Trustees of the Trust found that her experience as a Chief Executive Officer in the private wealth management business at a leading global asset manager and private bank, including the restructuring of business lines and defining client recruitment strategies, complemented the skills of existing board members. Her experience would also provide additional oversight skill in the area of fund distribution. Ms. Borowiec holds a B.B.A. from Texas Christian University and an M.B.A. from Harvard University.

Joseph Chow

Mr. Joseph W. Chow is Independent Trustee of Delaware Investments Minnesota Municipal Income Fund II Inc., since January 2013. Mr. Chow has over 30 years of experience in the banking and financial services industry. In electing him in 2013, the Independent Directors of the Funds found that his experience in business strategy in non-U.S. markets complemented the skills of existing Board members and also reflected the increasing importance of global financial markets in investment management. The Independent Directors also found that Mr. Chow’s management responsibilities as a former Executive Vice President of a global asset servicing and investment management firm as well as his experience as Chief Risk and Corporate Administration Officer would add helpful oversight skills to the Board. Mr. Chow holds a B.A. degree from Brandeis and M.C.P and M.S. in Management degree from MIT.

John Fry

Mr. John A. Fry is Independent Trustee of Delaware Investments Minnesota Municipal Income Fund II, Inc. Mr. Fry has over 25 years of experience in higher education. He has served in senior management for three institutions of higher learning. Mr. Fry has also served as a board member of many non-profit organizations and several for-profit companies. Mr. Fry has experience in overseeing areas such as finance, investments, risk management, internal audit and information technology. He holds a B.A. degree in American Civilization from Lafayette College and an M.B.A. from New York University.

Lucinda Landreth

Ms. Lucinda S. Landreth is Independent Trustee of Delaware Investments Minnesota Municipal Income Fund II, Inc. Ms. Landreth has over 35 years of experience in the investment management industry, particularly with equity management and analysis. She has served as Chief Investment Officer for a variety of money management firms including a bank, a broker, and an insurance company. Ms. Landreth has advised mutual funds, pension funds, and family wealth managers and has served on the board and executive committees of her college, two foundations and several nonprofit institutions. In addition to her B.A., she is a Chartered Financial Analyst.

Frances Sevilla-Sacasa

Ms. Frances A. Sevilla-Sacasa is Independent Trustee of Delaware Investments Minnesota Municipal Income Fund II, Inc. Ms. Sevilla-Sacasa has over 30 years of experience in banking and wealth management. In electing her in 2011, the Independent Directors of the Board found that her extensive international wealth management experience, in particular, complemented the skills of existing Board members and also reflected the increasing importance of international investment management not only for dollar-denominated investors but also for investors outside the U.S. The Independent Directors also found that Ms. Sevilla-Sacasa’s management responsibilities as the former President and Chief Executive Officer of a major trust and wealth management company would add a helpful oversight skill to the Board’s expertise, and her extensive nonprofit board experience gave them confidence that she would make a meaningful, experienced contribution to the Board. Finally, in electing Ms. Sevilla-Sacasa to the Board, the Independent Directors valued her perceived dedication to client service as a result of her overall career experience. Ms. Sevilla-Sacasa holds B.A. and M.B.A. degrees.

Thomas Whitford

Mr. Thomas K. Whitford is Independent Director of Delaware Investments Minnesota Municipal Income Fund II Inc. Mr. Whitford has over 25 years of experience in the banking and financial services industry, and served as Vice Chairman of a major banking, asset management, and residential mortgage banking institution. In electing him in 2013, the Independent Directors of the Funds found that Mr. Whitford’s senior management role in wealth management and experience in the mutual fund servicing business would provide valuable current management and financial industry insight, in particular, and complemented the skills of existing Board members. The Independent Directors also found that his senior management role in integrating company acquisitions, technology and operations and his past role as Chief Risk Officer would add a helpful oversight skill to the Board’s expertise. Mr. Whitford holds a B.S. degree from the University of Massachusetts and an M.B.A. degree from the University of Pennsylvania’s Wharton School.

Janet Yeomans

Ms. Janet L. Yeomans is Independent Trustee of Delaware Investments Minnesota Municipal Income Fund II, Inc. Ms. Yeomans has over 28 years of business experience with a large global diversified manufacturing company, including service as Treasurer for this company. In this role, Ms. Yeomans had significant broad-based financial experience, including global financial risk-management and mergers and acquisitions. She also serves as a board member of a for-profit company. She holds degrees in mathematics and physics from Connecticut College, an M.S. in mathematics from Illinois Institute of Technology, and an M.B.A. from the University of Chicago.