Sanibel Captiva Holdings hosts Shareholders Meeting
Sanibel Captiva Holdings held its 2018 Shareholders Meeting on March 21 at the Sanibel Harbour Marriott Resort & Spa in Fort Myers. Hosted by founder and Chairman S. Albert D. Hanser and Chief Executive Officer Terence M. Igo, more than 70 people attended. Hanser detailed company business, while Igo reviewed the 2017 financial results. He reported that they indicated strong growth with 356 client relationships at the end of 2017 and $1.8 billion assets under management with an increase of 28 percent from 2016; revenues increased $14.7 million at 16.3 percent. The Trust Company is comprised of 34 employees, all benefiting from the Employee Stock Ownership Plan that was established in 2015. Board Member Richard Botthof, who helped developed The Naples Trust Company, a division of The Sanibel Captiva Trust Company, was thanked for serving nine years as he officially retired.