GAMCO implements succession plan as Mario Gabelli recovers, leadership continues
GAMCO Investors, Inc. has implemented its succession plan after Mario J. Gabelli, Trustee, Chairman, and Chief Investment Officer of The Gabelli Global Utility & Income Trust, experienced a medical incident. While Mr. Gabelli is recovering, Christopher J. Marangi has been named President of GAMCO, and day-to-day operations continue under co-CEO Douglas R. Jamieson and Mr. Marangi. The Gabelli Value team's Co-Chief Investment Officers, Kevin V. Dreyer and Christopher J. Marangi, are leading the fund's portfolio management in Gabelli’s absence.
NOV 12·Benzinga▲
Gabelli Global Utility & Income Trust Increases Monthly Distribution 10% - Gabelli Global Utility ( AMEX:GLU ) , GAMCO Investors ( OTC:GAMI )
RYE, N.Y., Nov. 12, 2025 ( GLOBE NEWSWIRE ) -- The Board of Trustees of The Gabelli Global Utility & Income Trust ( NYSE:GLU ) ( the "Fund" ) increased the annual distribution 10% to $1.32 per share, which will be paid $0.11 per share monthly, commencing with the January 2026 monthly ...
NOV 12·GlobeNewswire▲
Gabelli Global Utility & Income Trust Increases Monthly Distribution 10%
RYE, N.Y., Nov. 12, 2025 ( GLOBE NEWSWIRE ) -- The Board of Trustees of The Gabelli Global Utility & Income Trust ( NYSE American: GLU ) ( the "Fund" ) increased the annual distribution 10% to $1.32 per share, which will be paid $0.11 per share monthly, commencing with the January 2026 monthly ...