Audrey Baxter and Tom Burnet join board of BMO Private Equity Trust
Audrey Baxter, the chief executive of Baxters Food Group, and Edinburgh-based finance veteran Tom Burnet have joined the board of BMO Private Equity Trust PLC.
The fund invests in unlisted companies with a portfolio of private equity funds and stakes in individual private businesses.
BMO Private Equity Trust said their appointments were aimed at managing an orderly succession as other non-executive directors get ready to retire, The Insider reports.
Mr Burnet is non-executive chairman of Inspired Thinking Group, Kainos plc and the Baillie Gifford US Growth Trust plc. Previously, he served as CEO, executive chairman and as a non-executive director of AIM company accesso Technology Group plc.
He started his career as an Army Officer serving in the Black Watch (R.H.R.) and is a member of the Queen’s Bodyguard in Scotland.
Ms Baxter is currently chairman and CEO of W. A. Baxter & Sons (Holdings) Ltd and has served previously on the boards of a number of public and private companies, charities and voluntary organisations.
The firm said: “We look forward to working with Audrey and Tom and to the valuable insights that they will bring to the board’s deliberations.”