In a recent filing with the Securities and Exchange Commission, Invesco DB Multi-Sector Commodity Trust announced executive changes within its management structure. John Zerr, a long-serving executive, will retire from his positions at Invesco Ltd. and its affiliates, effective January 1, 2025. In anticipation of his retirement, Zerr has expressed his intention to step down from the board of managers of the Managing Owner, Invesco Capital Management LLC, as soon as possible.
Following Zerr's decision, Invesco Group Services Inc., which is the sole member of the Managing Owner, appointed Melanie Ringold to the board, effective July 31, 2024. Ringold, 48, has been serving as Head of Legal for the Americas at Invesco Ltd. since January 2023. Her responsibilities include overseeing legal support for all of Invesco’s Americas business activities. Prior to her current role, she was Assistant General Counsel from March 2011 to January 2023, where she oversaw legal support for the investment organization and co-chaired the firm's US Regulatory Change Committee. Ringold holds a JD (NASDAQ:JD) from the University of Houston Law Center and a BA in political science from the University of Michigan.
The Invesco DB Multi-Sector Commodity Trust, along with its underlying series Invesco DB Energy Fund, Invesco DB Oil Fund, Invesco DB Precious Metals Fund, Invesco DB Base Metals Fund, and Invesco DB Agriculture Fund, are all part of the broader Invesco family. These funds are traded on the NYSE Arca and are part of a suite of investment products offered by Invesco.
This announcement follows the standard protocol for reporting changes in corporate governance and executive management as required by the SEC. The information is based on the 8-K filing submitted by Invesco Capital Management LLC, the managing owner of the Invesco DB Multi-Sector Commodity Trust and its co-registrants.
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