SCULLY ROYALTY SADLY ANNOUNCES THE PASSING OF DIRECTOR INDRAJIT CHATTERJEE
Rhea-AI Summary
Scully Royalty (NYSE: SRL) has announced the passing of Indrajit Chatterjee, a valued member of its board of directors since 2017. Mr. Chatterjee served as the Chairman of the Compensation Committee and was a member of the Nominating and Corporate Governance Committee. He was also an Executive Committee member of the Indian National Trust for Art and Cultural Heritage.
The board of directors has expressed deep condolences to Mr. Chatterjee's family and gratitude for his dedication to the company. His long-standing service and thoughtful guidance had a significant impact on Scully Royalty, its board, and management. The company acknowledges the loss of his steady leadership and valuable contributions.
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On the day this news was published, SRL declined 3.68%, reflecting a moderate negative market reaction.
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Mr. Chatterjee was a retired businessman and was an Executive Committee member of the Indian National Trust for Art and Cultural Heritage, which was founded in 1984 in
The board of directors extends its deepest condolences to Mr. Chatterjee's wife, family and friends and thanks him for his dedication to the Company. We are extremely grateful for Mr. Chatterjee's long-standing service, which had an invaluable impact on the Company, its board of directors and management. His steady and thoughtful guidance will be missed.
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SOURCE Scully Royalty Ltd.