Summary
This 8-K filing for iShares Gold Trust (IAU) primarily details a change in the Sponsor's Board of Directors. BlackRock Asset Management International Inc., the member of the Trust's sponsor, iShares Delaware Trust Sponsor LLC, has appointed Mary Cronin to its Board, effective July 8, 2019. Ms. Cronin also continues in her role as Chief Financial Officer of the Sponsor. This appointment replaces Stephen Messinger, who resigned from the Board on the same date. The filing explicitly states that Mr. Messinger's resignation was not due to any disputes regarding the Trust's operations, policies, or practices.
Key Highlights
- 1Mary Cronin appointed to the Board of Directors of iShares Delaware Trust Sponsor LLC.
- 2Ms. Cronin concurrently serves as Chief Financial Officer of the Sponsor.
- 3The appointment is effective July 8, 2019.
- 4Ms. Cronin replaces Stephen Messinger, who resigned from the Board.
- 5Mr. Messinger's resignation was amicable and not related to any disagreements with the Trust.
- 6Ms. Cronin has a background in financial reporting and auditing, with experience at Dodge & Cox and PricewaterhouseCoopers.
- 7The filing confirms no change in the Trust's operational status or policies as a result of this board change.