Business Context and Reporting Period
This Form 8-K is a current report filed by Western Asset Global High Income Fund Inc. on May 21, 2014. The filing addresses corporate governance changes, specifically the departure of a director and the appointment of a new Lead Independent Director.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
- Director Retirement: Jeswald W. Salacuse is retiring as a director of certain closed-end funds advised by Legg Mason Partners Fund Advisor, LLC, effective June 30, 2014.
- Director Appointment: William R. Hutchinson was appointed as Lead Independent Director of each respective closed-end fund, effective May 28, 2014.
Guidance, Outlook, and Risks
The filing contains no management commentary regarding financial guidance, outlook, risks, contingencies, or unusual items. The document serves solely to disclose the governance changes noted above.
Key Facts for Investor Verification
- Verify the effective date of Jeswald W. Salacuse's retirement (June 30, 2014).
- Confirm William R. Hutchinson's new role as Lead Independent Director (effective May 28, 2014).
- Note that the press release attached as Exhibit 99.1 is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.