Gamco nominates three for election to board of CH Energy Group

By Lisa Kerner

Charlotte, N.C., Feb. 18 - Gamco Asset Management Inc. said it is nominating Clarence A. Davis, Edward T. Tokar and Michael I. German for election to CH Energy Group, Inc.'s board of directors at the company's 2009 annual meeting.

The investor, with a 4.6% stake in CH Energy, notified the company of its intent in a Feb. 18 letter included as part of a schedule 13D/A filed with the Securities and Exchange Commission.

Davis is a director of the Gabelli Global Deal Fund and the Gabelli SRI Fund.

Tokar is also a director of the Gabelli Global Deal Fund and is a director of the Gabelli Dividend & Income Trust.

German is the chief executive officer, president and director of Corning Natural Gas Corp.

CH Energy, a Poughkeepsie, N.Y., electric and natural gas utility, is one of several companies Gamco named in September that it believes could benefit from new nominations to their boards of directors.

In particular, the Rye, N.Y.-based investment firm said it was focused on companies with a poison pill or excess cash on hand, it was previously reported.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.