Truxton Trust Company (OTC:TRUX) Stock On Watchlist After a Major News

Last week Truxton Trust Company (OTC:TRUX) hit the news cycle after the company made a key new announcement about an addition to its board of directors. Prior to the beginning of trading this morning, investors ought to take a closer look into the appointment and larger implications.

New Appointment

On December 19 the company sent out a news release with regards to the latest addition to its board of directors in the form of Danielle W. Barnes. It was noted that Barnes was the president and chief executive officer of the Girl Scouts of Middle Tennessee at the time of the appointment. The organization serves more than 16,000 girls and volunteers in the middle Tennessee region. It was also revealed that she also demonstrated a passion for the development of building strong leaders and communities, with a special focus on women, girls, and the less privileged.

Key Details

Barnes had been in charge of the United States Human Services practice of Ernst & Young prior to joining the Girl Scouts of Middle Tennessee. In that role, she had provided her expert advice to state as well as local governments across the United States. Her advice led to the emergence of effective solutions for vulnerable individuals and families.

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.