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Article: WENDY GRAMM QUITS POST AS A DIRECTOR FOR INVESCO.(Business)
- Article from:
- Rocky Mountain News (Denver, CO)
- Article date:
- February 8, 2002
- Author:
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Byline: David Milstead News Staff Writer
Wendy Gramm, under fire for her role as a member of Enron Corp.'s audit committee, resigned Thursday as an independent director for Invesco Corp.'s mutual funds.
Gramm, who holds a doctorate in economics and once served as chairwoman of the Commodity Futures Trading Commission, has been on Invesco's board since 1997.
She made $94,850 last year as a director for Denver-based Invesco, which is a subsidiary of Amvescap, a British company.
Invesco spokeswoman Molly Cisneros said Gramm has not submitted a letter of resignation and any reasons for her departure, ``if communicated at all, were ...