Eaton Vance Municipal Income (EVN) chair passes; acting Board leader appointed
Rhea-AI Filing Summary
Eaton Vance Municipal Income Trust reported the unexpected passing of its Board Chairperson, Mark R. Fetting, on August 9, 2025. He had served as Chairperson of the Board of Trustees.
Ms. Susan J. Sutherland is now serving as acting Chairperson of the Board. Effective August 12, 2025, the Board reduced its size from ten to nine members, reflecting this change in leadership.
Positive
- None.
Negative
- None.
Insights
Trust discloses unexpected Board chair death and interim leadership change.
Eaton Vance Municipal Income Trust reports that Board Chairperson Mark R. Fetting unexpectedly passed away on August 9, 2025. This is a significant personal loss and a governance event, as he led the Board of Trustees overseeing the fund.
The Trust states that Ms. Susan J. Sutherland is serving as acting Chairperson, providing immediate continuity in Board leadership. The Board also reduced its size from ten to nine members effective August 12, 2025, aligning the Board’s composition with the vacancy created by Mr. Fetting’s passing.
These actions indicate that leadership responsibilities have been reassigned, but the long-term Board structure and any potential permanent Chair appointment are not detailed in the excerpt. Future fund communications or reports may describe any further governance adjustments.