EATON VANCE CORP. (NYSE:EV) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
(d) Election of Directors
On July 10, 2018, the Board of Directors (the “Board”) of Eaton Vance Corp. (the “Company”) expanded the number of directors on the Board to eight and elected Paula A. Johnson, M.D., M.P.H. as a new director. Dr. Johnson will serve as a director effective October 1, 2018 and until the next annual election of the Board by the holders of the Company’s Voting Common Stock. In addition, Dr. Johnson was appointed to the Nominating and Governance Committee of the Board.
The Board has determined that Dr. Johnson is an independent director under applicable listing standards and the Company’s governance principles.
There is no arrangement or understanding between Dr. Johnson and any other persons to which Dr. Johnson was appointed as a director, and Dr. Johnson has no direct or indirect material interest in any transaction required to be disclosed to Item 404(a) of Regulation S-K.
Dr. Johnson will receive compensation as a non-employee director in accordance with the Company’s non-employee director compensation practices described in the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on December 20, 2017.
About EATON VANCE CORP. (NYSE:EV)
Eaton Vance Corp. is engaged in business of managing investment funds and providing investment management and advisory services to individuals and institutions. The Company seeks to develop and sustain management expertise across a range of investment disciplines, and offer investment products and services through various distribution channels. It operates through investment adviser to funds and separate accounts segment. The Company, through its subsidiaries, Eaton Vance Management and Atlanta Capital Management, LLC, and other affiliates, manages active equity, income and alternative strategies across a range of investment styles and asset classes, including the United States and global equities, floating-rate bank loans, municipal bonds, high-yield and investment grade bonds. Through its subsidiary, Parametric Portfolio Associates LLC, it manages a range of engineered alpha strategies, including systematic equity, systematic alternatives and managed options strategies.