leadership
confidence high
sentiment neutral
materiality 0.25
Director Rand Berney resigns from TEAF, TYG; Carrie Schoffman named successor and Audit Chair
TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND
- Rand C. Berney resigned as director of Tortoise Sustainable and Social Impact Term Fund (TEAF) and Tortoise Energy Infrastructure Corp (TYG), effective July 15, 2025.
- Carrie R. Schoffman appointed to succeed Berney on both boards, also serving as Chair of Audit and Valuation Committee, effective same date.
- Schoffman is a CPA and founder of CPA Concierge Services, LLC; previously held roles at SEC, PwC, and ICON Funds.
- She will serve remainder of Class II term through 2027 annual shareholder meeting; compensation per existing proxy statement.
item 5.02