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Gabelli Multimedia Trust appoints Susan Watson Laughlin as new board member

EditorEmilio Ghigini
Published 03/25/2024, 09:55 AM
Updated 03/25/2024, 09:55 AM
© Reuters.

RYE, N.Y. - The Gabelli Multimedia Trust Inc. (NYSE: GGT), a closed-end management investment company, announced the addition of Susan Watson Laughlin to its Board of Directors, effective February 13, 2024. Ms. Watson Laughlin's extensive experience in investor relations and financial analysis brings a wealth of knowledge to the Fund's leadership.

With a career spanning multiple industries, Watson Laughlin has worked with firms such as MCI, Interpublic Group, and Pepsico (NASDAQ:PEP). Her previous roles include serving on the Board of Directors Practice at Spencer Stuart and holding analyst positions at Scudder Stevens & Clark, EF Hutton, and Morgan Stanley. Watson Laughlin, a Chartered Financial Analyst since 1980, also boasts academic credentials from the University of Southern California and the City College of New York.

Her professional involvement extends to memberships in the CFA Institute, the Economic Club of New York, and the Cato Institute. Watson Laughlin's leadership experience includes her tenure as President of the Investor Relations Association and her service on the Board of Directors of the National Investor Relations Institute.

The Gabelli Multimedia Trust focuses on the long-term growth of capital and manages $174 million in total net assets. Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI), oversees the Fund's investment strategies.

The appointment of Watson Laughlin is expected to complement the Fund's expertise in navigating the investment landscape. This announcement is based on a press release statement issued by The Gabelli Multimedia Trust Inc. Investors interested in the Fund are advised to consider the investment objectives, risks, charges, and expenses carefully before investing.

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