W.P. Stewart & Co., Ltd. announces that Richard D. Spurling has been appointed to the Board of Directors of the Company, effective immediately.
Mr. Spurling is a partner at Appleby Spurling & Kempe, an international law firm with offices in Bermuda, London and Hong Kong. He is a director of Bermuda Electric Light Company Limited, BF&M Life Insurance Company Limited and BF&M Limited in Bermuda, and a Trustee of the Bermuda Biological Station for Research, Inc. He was an elected Member of Parliament for five years and served as the Government Whip.
Mr. Spurling obtained a B.A. degree and Masters degree in Business Administration from the College of William & Mary, Williamsburg, Virginia. He graduated from Trinity College, Oxford University with an honours B.A. degree in law. He obtained his English Bar qualification in 1975 and was called to the English Bar in November 1976 following pupilage at Law Chambers in London. He was called to the Bermuda Bar in 1977.
William P. Stewart, Chairman and Chief Executive Officer of W.P. Stewart & Co., Ltd., stated: "I am delighted to welcome Rick to the Board of Directors. His experience in international and corporate financial affairs will be of great benefit to the Company."
W.P. Stewart & Co., Ltd. is an asset management company that has provided research intensive equity management services to clients throughout the world since 1975. The Company is headquartered in Hamilton, Bermuda and has additional operations or affiliates in the United States, Europe and Asia.
The Company's shares are listed for trading on the New York Stock Exchange (NYSE: WPL) and on the Bermuda Stock Exchange (BSX: WPS).
For more information, please visit the Company's website at http://www.wpstewart.com, or call W.P. Stewart Investor Relations (Fred M. Ryan) at 1-888-695-4092 (toll-free within the United States) or +441-295-8585 (outside the United States) or e-mail to IRINFO@wpstewart.com .