Corporate Board Profile
Tech Score: 0/100
| Filing Date | Source Excerpt |
|---|---|
| 2007-07-02 | Jerrold B. Harris(3) Age: 64 N/A N/A Until September 1, 1999, President and Chief Executive Officer, VWR Scientific Products Corp. 1 registered investment company consisting of 10 portfolios 112 registered investment companies Trustee, Ursinus College; Director, BlackRock Kelso Capital Corporation; Director, Tromner LLC. |
| 2008-07-31 | Jerrold B. Harris (4) Director/ Trustee 2007 to present Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000. ... The Governance and Nominating Committee, except BQRs, is comprised of R. Glenn Hubbard, G. Nicholas Beckwith, III, Richard E. Cavanagh, Jerrold B. Harris and Kathleen F. Feldstein, each of whom is not an interested persons within the meaning of the 1940 Act. ... Each Fund, except BQR, has a Compliance Committee composed of Kathleen F. Feldstein, G. Nicholas Beckwith, III, Richard E. Cavanagh, Jerrold B. Harris and R. Glenn Hubbard, each of whom is not an interested persons within the meaning of the 1940 Act. ... Each Fund, except BQR, has a Performance Oversight Committee composed of all of the Independent Board Members. |
| 2009-07-17 | Jerrold B. Harris Director/ Trustee. Member of Governance and Nominating Committee, Compliance Committee. |
| 2010-07-23 | Mr. Harris's independence from the Funds and the Funds' investment adviser fosters his role as a member of the Governance and Nominating Committee, Compliance Committee and Performance Oversight Committee. In addition, Mr. Harris is a member of the Joint Product Pricing Committee. |
| 2011-06-16 | Jerrold B. Harris Director/Trustee and Chair of the Compliance Committee. Mr. Harris's time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry and national and international product distribution. Mr. Harris's position as a director of BlackRock Kelso Capital Corporation brings to the Boards the benefit of his experience as a director of a business development company governed by the 1940 Act and allows him to provide the Boards with added insight into the management practices of other financial companies. Mr. Harris's long-standing service on the Boards also provides him with a specific understanding of the Funds, their operations and the business and regulatory issues facing the Funds. Mr. Harris's independence from the Funds and the Funds' investment adviser enhances his service as the Chair of the Compliance Committee and as a member of the Governance and Nominating Committee and Performance Oversight Committee. In addition, Mr. Harris is a member of the Joint Product Pricing Committee. Compensation: $300,000 per year. |
| 2012-06-11 | Jerrold B. Harris Director/Trustee and Chair of the Compliance Committee The Boards have six standing Committees: an Audit Committee, a Governance and Nominating Committee, a Compliance Committee, a Performance Oversight Committee, a Leverage Committee and an Executive Committee. Mr. Harris’s independence from the Funds and the Funds’ investment advisor fosters his role as Chair of the Compliance Committee and as a member of the Governance and Nominating Committee and Performance Oversight Committee. Each Board Member who is not an “interested person” (as defined in the 1940 Act) (the “Independent Board Members”), is paid an annual retainer of $250,000 per year for his or her services as a Board Member of all BlackRock-advised closed-end funds (the “Closed-End Complex”) that are overseen by the respective director/trustee, and each Board Member may also receive a $10,000 board meeting fee for special unscheduled meetings or meetings in excess of six Board meetings held in a calendar year, together with out-of-pocket expenses in accordance with a Board policy on travel and other business expenses relating to attendance at meetings. In addition, the Chair and Vice-Chair of the Board are paid an additional annual retainer of $120,000 and $40,000, respectively. The Chairs of the Audit Committee, Compliance Committee, Governance and Nominating Committee, and Performance Oversight Committee are paid an additional annual retainer of $35,000, $20,000, $10,000 and $20,000, respectively. Each Audit Committee and Leverage Committee member is paid an additional annual retainer of $25,000 for his or her service on such committee. For the year ended December 31, 2011, the Closed-End Complex reimbursed Independent Board Member expenses in an aggregate amount of $46,446. Each Fund shall pay a pro rata portion quarterly (based on relative net assets) of the foregoing Board Member fees paid by the funds in the Closed-End Complex. |
| 2013-06-13 | Jerrold B. Harris 1942 Director/Trustee 2013;2007 to present Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation from 2010 to 2012; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. Jerrold B. Harris's independence from the Funds and the Funds' investment advisor fosters his role as Chair of the Compliance Committee and as a member of the Governance and Nominating Committee and Performance Oversight Committee. Each Board Member who is not an "interested person" (as defined in the 1940 Act) (the "Independent Board Members"), is paid an annual retainer of $250,000 per year for his or her services as a Board Member of all BlackRock-advised closed-end funds (the "Closed-End Complex") that are overseen by the respective director/trustee. |
| 2014-06-13 | Jerrold B. Harris Director/Trustee 2016; 2007 to present The Chair of the Boards and the Chief Executive Officer are two different people. Not only is the Chair of the Boards an Independent Board Member, but the Chair of each Board committee (each, a 3ommittee 4) is also an Independent Board Member. The Boards have six standing Committees: an Audit Committee, a Governance and Nominating Committee, a Compliance Committee, a Performance Oversight Committee, a Leverage Committee and an Executive Committee. The Chair of the Boards or Committees may also perform such other functions as may be delegated by the Boards or the Committees from time to time. The Independent Board Members have agreed that a maximum of 50% of each Independent Board Member9s total compensation paid by funds in the Closed-End Complex may be deferred pursuant to the Closed-End Complex9s deferred compensation plan. Each Board Member who is an Independent Board Member is paid an annual retainer of $250,000 per year for his or her services as a Board Member of all funds in the BlackRock Closed-End Complex that are overseen by the respective director/trustee, and each Board Member may also receive a $10,000 board meeting fee for special unscheduled meetings or meetings in excess of six Board meetings held in a calendar year, together with out-of-pocket expenses in accordance with a Board policy on travel and other business expenses relating to attendance at meetings. In addition, the Chair and Vice Chair of the Board are paid an additional annual retainer of $120,000 and $40,000, respectively. The Chairs of the Audit Committee, Compliance Committee, Governance and Nominating Committee, and Performance Oversight Committee are paid an additional annual retainer of $35,000, $20,000, $10,000 and $20,000, respectively. Each Audit Committee and Leverage Committee member is paid an additional annual retainer of $25,000 for his or her service on such committee. |
| 2015-06-12 | Jerrold B. Harris Director/Trustee 2007 to present The Compliance Committee of each Fund is composed of Jerrold B. Harris (Chair), Richard E. Cavanagh, Kathleen F. Feldstein and R. Glenn Hubbard, all of whom are Independent Board Members. The Chair of the Boards and the Chief Executive Officer are two different people. Not only is the Chair of the Boards an Independent Board Member, but the Chair of each Board committee (each, a Committee) is also an Independent Board Member. The Boards have six standing Committees: an Audit Committee, a Governance Committee, a Compliance Committee, a Performance Oversight Committee, an Executive Committee and a Leverage Committee. |
| 2016-06-09 | Jerrold B. Harris, Director/Trustee, age 74, serves as Chair of Compliance Committee and member of Governance Committee and Performance Oversight Committee. Independent Board Member annual retainer is $280,000 plus Compliance Committee member retainer of $12,500 and Compliance Committee Chair retainer of $45,000. |
| 2017-06-07 | Jerrold B. Harris 1942 Director 2019; from 2007 to present Trustee, Ursinus College from 2000 to 2012; Director, Ducks Unlimited—Canada (conservation) since 2015; Director, Waterfowl Chesapeake (conservation) since 2014; Director, Ducks Unlimited, Inc. since 2013; Director, Troemner LLC (scientific equipment) from 2000 to 2016; Director of Delta Waterfowl Foundation from 2010 to 2012; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. Mr. Harris's independence from the Fund and the Fund's investment advisor enhances his service as Chair of the Compliance Committee and as a member of the Governance Committee and Performance Oversight Committee. Each Independent Board Member is paid an annual retainer of $280,000 per year for his or her services as a Board Member of all funds in the Closed-End Complex that are overseen by the respective director/trustee and each Board Member may also receive a $10,000 board meeting fee for special unscheduled meetings or meetings in excess of six Board meetings held in a calendar year, together with out-of-pocket expenses in accordance with a Board policy on travel and other business expenses relating to attendance at meetings. In addition, the Chair and Vice-Chair of the Board are paid an additional annual retainer of $120,000 and $60,000, respectively. The Chairs of the Audit Committee, Performance Oversight Committee, Compliance Committee, and Governance Committee are paid an additional annual retainer of $45,000, $30,000, $45,000 and $20,000, respectively. Each member of the Audit Committee and Compliance Committee is paid an additional annual retainer of $30,000 and $12,500, respectively, for his or her service on such committee. For the year ended December 31, 2016, the Closed-End Complex reimbursed Independent Board Member expenses in an aggregate amount of approximately $58,887. The Fund pays a pro rata portion quarterly (based on relative net assets) of the foregoing Board Member fees paid by the funds in the Closed-End Complex. |
| Filing Date | Source Excerpt |
|---|---|
| 2007-07-02 | Until September 1, 1999, President and Chief Executive Officer, VWR Scientific Products Corp. |
| 2008-07-31 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000. |
| 2009-07-17 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000. |
| 2010-07-23 | President and Chief Executive Officer, VWR Scientific Products Corporation; Director of BlackRock Kelso Capital Corp. |
| 2012-06-19 | Mr. Harris’s time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry and national and international product distribution. |
| 2013-06-13 | Mr. Harris was President and CEO of VWR Scientific Products Corporation and director of BlackRock Kelso Capital Corporation. |
| 2014-06-13 | Mr. Harris’s time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry and national and international product distribution. |
| 2015-06-12 | Mr. Harris’s time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry and national and international product distribution. |
| 2016-06-09 | Trustee, Ursinus College from 2000 to 2012; Director, Ducks Unlimited – Canada (conservation) since 2015; Director, Waterfowl Chesapeake (conservation) since 2014; Director, Ducks Unlimited, Inc. since 2013; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation from 2010 to 2012; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2017-06-07 | President and Chief Executive Officer, VWR Scientific Products Corporation; Director of BlackRock Capital Investment Corp. |
| Filing Date | Source Excerpt |
|---|---|
| 2007-07-02 | Until September 1, 1999, President and Chief Executive Officer, VWR Scientific Products Corp. |
| 2008-07-31 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000. |
| 2009-07-17 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000. |
| 2010-07-23 | President and Chief Executive Officer, VWR Scientific Products Corporation; Director of BlackRock Kelso Capital Corp. |
| 2012-06-11 | Mr. Harriss time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry and national and international product distribution. |
| 2013-06-13 | Mr. Harris was President and CEO of VWR Scientific Products Corporation and director of BlackRock Kelso Capital Corporation. |
| 2014-06-13 | Mr. Harris’s time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry and national and international product distribution. |
| 2015-06-12 | Mr. Harris’s time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry and national and international product distribution. |
| 2016-06-09 | Mr. Harriss time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry and national and international product distribution. |
| 2017-06-07 | Mr. Harris’s time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry and national and international product distribution. |
| Filing Date | Source Excerpt |
|---|---|
| 2007-07-02 | Until September 1, 1999, President and Chief Executive Officer, VWR Scientific Products Corp. |
| 2008-07-31 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000. |
| 2009-07-17 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000. |
| 2010-07-23 | President and Chief Executive Officer, VWR Scientific Products Corporation; Director of BlackRock Kelso Capital Corp. |
| 2011-06-16 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation since 2001; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2012-06-11 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation since 2001; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2013-06-13 | President and CEO of VWR Scientific Products Corporation; director of BlackRock Kelso Capital Corporation. |
| 2014-06-13 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director, Ducks Unlimited, Inc. (conservation) since 2013; Director of Delta Waterfowl Foundation from 2010 to 2012.; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2015-06-12 | Mr. Harriss time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry and national and international product distribution. |
| 2016-06-09 | President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999; Director of Delta Waterfowl Foundation from 2010 to 2012; Director, Troemner LLC (scientific equipment) since 2000. |
| 2017-06-07 | Trustee, Ursinus College from 2000 to 2012; Director, Ducks Unlimited – Canada since 2015; Director, Waterfowl Chesapeake since 2014; Director, Ducks Unlimited, Inc. since 2013; Director, Troemner LLC (scientific equipment) from 2000 to 2016; Director of Delta Waterfowl Foundation from 2010 to 2012; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| Filing Date | Source Excerpt |
|---|---|
| 2007-07-02 | Jerrold B. Harris(3) Age: 64 N/A N/A Until September 1, 1999, President and Chief Executive Officer, VWR Scientific Products Corp. 1 registered investment company consisting of 10 portfolios 112 registered investment companies Trustee, Ursinus College; Director, BlackRock Kelso Capital Corporation; Director, Tromner LLC. |
| 2008-07-31 | Jerrold B. Harris Director/ Trustee since 1999. The Independent Board Members who are not “interested persons,” as defined in the 1940 Act, receive retainer fees which includes meeting fees (up to six meetings per year) for Board and committee meetings and are reimbursed for all out-of-pocket expenses relating to attendance at such meetings. The Funds do not provide compensation to any Board Member who is an “interested person,” as defined in the 1940 Act. The table below sets forth the aggregate compensation paid to each Independent Board Member by each Fund during its most recently completed fiscal year (based on each Fund’s pre-amended fiscal year end). Total Compensation from Fund Complex (8) $123,567 Each Fund has a Compliance Committee composed of Kathleen F. Feldstein, G. Nicholas Beckwith, III, Richard E. Cavanagh, Jerrold B. Harris and R. Glenn Hubbard, each of whom is not an “interested persons” within the meaning of the 1940 Act. Each Governance and Nominating Committee is comprised of R. Glenn Hubbard, G. Nicholas Beckwith, III, Richard E. Cavanagh, Jerrold B. Harris and Kathleen F. Feldstein, each of whom is not an “interested persons” within the meaning of the 1940 Act. |
| 2009-07-17 | Jerrold B. Harris Director/ Trustee 2007 to present 40 East 52nd Street New York, NY 10022-5911 1942 |
| 2010-07-23 | Jerrold B. Harris ... member of the Governance and Nominating Committee, Compliance Committee and Performance Oversight Committee ... member of the Joint Product Pricing Committee. |
| 2011-06-16 | Jerrold B. Harris Director/Trustee ...Mr. Harris's independence from the Funds and the Funds' investment adviser enhances his service as the Chair of the Compliance Committee and as a member of the Governance and Nominating Committee and Performance Oversight Committee. ...Mr. Harris is a member of the Joint Product Pricing Committee. ...The following table sets forth the aggregate compensation, including deferred compensation amounts, paid to each Independent Board Member and Dr. Gabbay by each Fund during its most recently completed fiscal year and by the Closed-End Complex for the most recently completed calendar year. ...Total Compensation from Closed-End Complex: $300,000. |
| 2012-06-11 | Jerrold B. Harris Director/Trustee Committees: Compliance Committee, Governance and Nominating Committee, Performance Oversight Committee Compensation: $270,000 annual retainer for services as Board Member of all BlackRock-advised closed-end funds. |
| 2013-06-13 | Jerrold B. Harris Director/Trustee 2013; 2007 to present Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation from 2010 to 2012; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. 94 RICs consisting of 90 Portfolios BlackRock Kelso Capital Corp. (business development company) since 2004 |
| 2014-06-13 | Jerrold B. Harris 55 East 52nd Street New York, NY 10055 1942 Director/ Trustee 2014; 2007 to present Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director, Ducks Unlimited, Inc. (conservation) since 2013; Director of Delta Waterfowl Foundation from 2010 to 2012.; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. 82 RICs consisting of 82 Portfolios BlackRock Kelso Capital Corp. (business development company) since 2004 The Boards have six standing Committees: an Audit Committee, a Governance and Nominating Committee, a Compliance Committee, a Performance Oversight Committee, a Leverage Committee and an Executive Committee. |
| 2015-06-12 | Jerrold B. Harris Director/Trustee 2015; 2007 to present ...Mr. Harris's independence from the Funds and the Funds' investment advisor enhances his service as Chair of the Compliance Committee and as a member of the Governance Committee and Performance Oversight Committee. Each Board Member who is an Independent Board Member is paid an annual retainer of $250,000 per year... The Chairs of the Audit Committee, Compliance Committee, Governance Committee, and Performance Oversight Committee are paid an additional annual retainer of $35,000, $20,000, $10,000 and $20,000, respectively... Each Audit Committee and Leverage Committee member is paid an additional annual retainer of $25,000 for his or her service on such committee. |
| 2016-06-09 | Jerrold B. Harris 55 East 52nd Street New York, NY 10055 1942 Director/Trustee 2016; from 2007 to present Trustee, Ursinus College from 2000 to 2012; Director, Ducks Unlimited – Canada (conservation) since 2015; Director, Waterfowl Chesapeake (conservation) since 2014; Director, Ducks Unlimited, Inc. since 2013; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation from 2010 to 2012; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. 74 RICs consisting of 74 Portfolios BlackRock Capital Investment Corp. (business development company) The Independent Board Members have agreed that a maximum of 50% of each Independent Board Member’s total compensation paid by funds in the Closed-End Complex may be deferred pursuant to the Closed-End Complex’s deferred compensation plan. Under the deferred compensation plan, deferred amounts earn a return for the Independent Board Members as though equivalent dollar amounts had been invested in common shares of certain funds in the Closed-End Complex selected by the Independent Board Members. This has approximately the same economic effect for the Independent Board Members as if they had invested the deferred amounts in such other funds in the Closed-End Complex. The deferred compensation plan is not funded and obligations thereunder represent general unsecured claims against the general assets of a fund and are recorded as a liability for accounting purposes. For the year ended December 31, 2015, the Closed-End Complex reimbursed Independent Board Member expenses in an aggregate amount of approximately $55,898. Each Fund pays a pro rata portion quarterly (based on relative net assets) of the foregoing Board Member fees paid by the funds in the Closed-End Complex. Fund’s Fiscal Year End Jerrold B. Harris Closed-End Complex Total Compensation: $281,875 |
| 2017-06-07 | Jerrold B. Harris 1942 Director/Trustee 2017; from 2007 to present ... Mr. Harris's independence from the Funds and the Funds' investment advisor enhances his service as Chair of the Compliance Committee and as a member of the Governance Committee and Performance Oversight Committee. ... Total Compensation from Closed-End Complex: $337,500. |
| Filing Date | Source Excerpt |
|---|---|
| 2007-07-02 | Jerrold B. Harris(3) Age: 64 N/A N/A Until September 1, 1999, President and Chief Executive Officer, VWR Scientific Products Corp. 1 registered investment company consisting of 10 portfolios 112 registered investment companies Trustee, Ursinus College; Director, BlackRock Kelso Capital Corporation; Director, Tromner LLC. |
| 2008-07-31 | Jerrold B. Harris is a Director and Trustee and a member of the Compliance Committee. Compensation table shows total compensation of $123,567 for Harris. |
| 2009-07-17 | Jerrold B. Harris is a Member of the Compliance Committee. The Independent Board Members receive retainer fees of $250,000 per annum. |
| 2010-07-23 | Jerrold B. Harris 55 East 52nd Street New York, NY 10055 1942 Director/ Trustee 2007 to present Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation since 2001; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. 99 RICs consisting of 97 Portfolios BlackRock Kelso Capital Corp. (business development company) Mr. Harris's independence from the Funds and the Funds' investment adviser fosters his role as a member of the Governance and Nominating Committee, Compliance Committee and Performance Oversight Committee. In addition, Mr. Harris is a member of the Joint Product Pricing Committee. The Independent Board Members have agreed that a maximum of 50% of each Independent Board Member's total compensation paid by funds in the Closed-End Complex may be deferred pursuant to the Closed-End Complex's deferred compensation plan. |
| 2011-06-16 | Jerrold B. Harris Director/Trustee ...Mr. Harris's independence from the Funds and the Funds' investment adviser enhances his service as the Chair of the Compliance Committee and as a member of the Governance and Nominating Committee and Performance Oversight Committee. ...Mr. Harris is a member of the Joint Product Pricing Committee. ...Total Compensation from Closed-End Complex: $275,000. |
| 2012-06-11 | Jerrold B. Harris Director/Trustee The Audit Committee of each Fund consists of the following Board Members: Karen P. Robards (Chair); Michael J. Castellano; Frank J. Fabozzi; James T. Flynn; and W. Carl Kester. The Boards have six standing Committees: an Audit Committee, a Governance and Nominating Committee, a Compliance Committee, a Performance Oversight Committee, a Leverage Committee and an Executive Committee. Each Board Member who is not an interested person (the Independent Board Members), is paid an annual retainer of $250,000 per year for his or her services as a Board Member of all BlackRock-advised closed-end funds (the Closed-End Complex) that are overseen by the respective director/trustee, and each Board Member may also receive a $10,000 board meeting fee for special unscheduled meetings or meetings in excess of six Board meetings held in a calendar year, together with out-of-pocket expenses in accordance with a Board policy on travel and other business expenses relating to attendance at meetings. In addition, the Chair and Vice Chair of the Board are paid an additional annual retainer of $120,000 and $40,000, respectively. The Chairs of the Audit Committee, Compliance Committee, Governance and Nominating Committee, and Performance Oversight Committee are paid an additional annual retainer of $35,000, $20,000, $10,000 and $20,000, respectively. Each Audit Committee and Leverage Committee member is paid an additional annual retainer of $25,000 for his or her service on such committee. For the year ended December 31, 2011, the Closed-End Complex reimbursed Independent Board Member expenses in an aggregate amount of $46,446. Each Fund shall pay a pro rata portion quarterly (based on relative net assets) of the foregoing Board Member fees paid by the funds in the Closed-End Complex. The following table sets forth the aggregate compensation, including deferred compensation amounts, paid to each Independent Board Member and Dr. Gabbay by each Fund during its most recently completed fiscal year and by the Closed-End Complex for the most recently completed calendar year. Mr. Audet serves without compensation from the Funds because of his affiliation with BlackRock, Inc. and the BlackRock Advisors. Jerrold B. Harris compensation for the Closed-End Complex is $270,000. |
| 2013-06-13 | Jerrold B. Harris Director/Trustee 2013; 2007 to present Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation from 2010 to 2012; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. 94 RICs consisting of 90 Portfolios BlackRock Kelso Capital Corp. (business development company) since 2004 Compensation: $270,000 annual retainer plus committee fees. |
| 2014-06-13 | Jerrold B. Harris Director/Trustee 2014; 2007 to present Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director, Ducks Unlimited, Inc. (conservation) since 2013; Director of Delta Waterfowl Foundation from 2010 to 2012.; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. 82 RICs consisting of 82 Portfolios BlackRock Kelso Capital Corp. (business development company) since 2004 The Compliance Committee is composed of Jerrold B. Harris (Chair), Richard E. Cavanagh, Kathleen F. Feldstein and R. Glenn Hubbard. The Governance and Nominating Committee is composed of R. Glenn Hubbard (Chair), Richard E. Cavanagh, Michael J. Castellano, Frank J. Fabozzi, Kathleen F. Feldstein, James T. Flynn, Jerrold B. Harris, W. Carl Kester and Karen P. Robards. The Performance Oversight Committee is composed of Frank J. Fabozzi (Chair), Michael J. Castellano, Richard E. Cavanagh, Kathleen F. Feldstein, James T. Flynn, Jerrold B. Harris, R. Glenn Hubbard, W. Carl Kester and Karen P. Robards. Compensation: $270,000 annual retainer. |
| 2015-06-12 | Jerrold B. Harris Director/Trustee 2015; 2007 to present Trustee, Ursinus College from 2000 to 2012; Director, Waterfowl Chesapeake (conservation) since 2014; Director, Troemner LLC (scientific equipment) since 2000; Director, Ducks Unlimited, Inc. (conservation) since 2013; Director of Delta Waterfowl Foundation from 2010 to 2012.; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. The Compliance Committee is composed of Jerrold B. Harris (Chair), Richard E. Cavanagh, Kathleen F. Feldstein and R. Glenn Hubbard. The Governance Committee is composed of R. Glenn Hubbard (Chair), Richard E. Cavanagh, Michael J. Castellano, Frank J. Fabozzi, Kathleen F. Feldstein, James T. Flynn, Jerrold B. Harris, W. Carl Kester and Karen P. Robards. The Performance Oversight Committee is composed of Frank J. Fabozzi (Chair), Michael J. Castellano, Richard E. Cavanagh, Kathleen F. Feldstein, James T. Flynn, Jerrold B. Harris, R. Glenn Hubbard, W. Carl Kester and Karen P. Robards. Each Board Member who is an Independent Board Member is paid an annual retainer of $250,000 per year for his or her services as a Board Member of all funds in the BlackRock Closed-End Complex that are overseen by the respective director/trustee, and each Board Member may also receive a $10,000 board meeting fee for special unscheduled meetings or meetings in excess of six Board meetings held in a calendar year, together with out-of-pocket expenses in accordance with a Board policy on travel and other business expenses relating to attendance at meetings. Jerrold B. Harris's total compensation from the Closed-End Complex is $270,000. |
| 2016-06-09 | Jerrold B. Harris 55 East 52nd Street New York, NY 10055 1942 Director/Trustee 2016; from 2007 to present Trustee, Ursinus College from 2000 to 2012; Director, Ducks Unlimited – Canada (conservation) since 2015; Director, Waterfowl Chesapeake (conservation) since 2014; Director, Ducks Unlimited, Inc. since 2013; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation from 2010 to 2012; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. 74 RICs consisting of 74 Portfolios BlackRock Capital Investment Corp. (business development company) |
| 2017-06-07 | Jerrold B. Harris 1942 Director/Trustee 2017; from 2007 to present Trustee, Ursinus College from 2000 to 2012; Director, Ducks Unlimited – Canada (conservation) since 2015; Director, Waterfowl Chesapeake (conservation) since 2014; Director, Ducks Unlimited, Inc. since 2013; Director, Troemner LLC (scientific equipment) from 2000 to 2016; Director of Delta Waterfowl Foundation from 2010 to 2012; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. 75 RICs consisting of 75 Portfolios BlackRock Capital Investment Corp. (business development company) The Compliance Committee is composed of Jerrold B. Harris (Chair), Richard E. Cavanagh, Cynthia L. Egan and R. Glenn Hubbard. The Governance Committee is composed of R. Glenn Hubbard (Chair), Richard E. Cavanagh, Michael J. Castellano, Cynthia L. Egan, Frank J. Fabozzi, Jerrold B. Harris, W. Carl Kester, Catherine A. Lynch and Karen P. Robards. The Performance Oversight Committee is composed of Frank J. Fabozzi (Chair), Michael J. Castellano, Richard E. Cavanagh, Cynthia L. Egan, Jerrold B. Harris, R. Glenn Hubbard, W. Carl Kester, Catherine A. Lynch and Karen P. Robards. |
| Filing Date | Source Excerpt |
|---|---|
| 2007-07-02 | Until September 1, 1999, President and Chief Executive Officer, VWR Scientific Products Corp. |
| 2008-07-31 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000. |
| 2009-07-17 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000. |
| 2010-07-23 | President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999; Director of BlackRock Kelso Capital Corp. |
| 2011-06-16 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation (a not-for-profit organization) since 2001; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2012-06-11 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation since 2001; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2013-06-13 | President and Chief Executive Officer, VWR Scientific Products Corporation; Director of BlackRock Kelso Capital Corp. |
| 2014-06-13 | President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999; Director of BlackRock Kelso Capital Corp. since 2004. |
| 2015-06-12 | President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999; Director of BlackRock Capital Investment Corp. (business development company) since 2004. |
| 2015-06-18 | Trustee, Ursinus College from 2000 to 2012; Director, Waterfowl Chesapeake (conservation) since 2014; Director, Troemner LLC (scientific equipment) since 2000; Director, Ducks Unlimited, Inc. (conservation) since 2013; Director of Delta Waterfowl Foundation from 2010 to 2012.; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2016-06-09 | Mr. Harris’s time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry. |
| 2017-06-07 | Trustee, Ursinus College from 2000 to 2012; Director, Ducks Unlimited – Canada since 2015; Director, Waterfowl Chesapeake since 2014; Director, Ducks Unlimited, Inc. since 2013; Director, Troemner LLC (scientific equipment) from 2000 to 2016; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| Filing Date | Source Excerpt |
|---|---|
| 2007-07-02 | Until September 1, 1999, President and Chief Executive Officer, VWR Scientific Products Corp. |
| 2008-07-31 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000. |
| 2009-07-17 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000. |
| 2010-07-23 | Mr. Harris’s time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry and national and international product distribution. |
| 2011-06-16 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation since 2001; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2012-06-11 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation since 2001; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2013-06-13 | President and Chief Executive Officer, VWR Scientific Products Corporation; Director of BlackRock Kelso Capital Corp. |
| 2014-06-13 | President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999; Director of Delta Waterfowl Foundation from 2010 to 2012; Director, Troemner LLC (scientific equipment) since 2000; Trustee, Ursinus College since 2000. |
| 2015-06-12 | Trustee, Ursinus College from 2000 to 2012; Director, Waterfowl Chesapeake (conservation) since 2014; Director, Troemner LLC (scientific equipment) since 2000; Director, Ducks Unlimited, Inc. (conservation) since 2013; Director of Delta Waterfowl Foundation from 2010 to 2012.; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2016-06-09 | President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999; Director of BlackRock Capital Investment Corp. |
| 2017-06-07 | Trustee, Ursinus College from 2000 to 2012; Director, Ducks Unlimited – Canada since 2015; Director, Waterfowl Chesapeake since 2014; Director, Ducks Unlimited, Inc. since 2013; Director, Troemner LLC (scientific equipment) from 2000 to 2016; Director of Delta Waterfowl Foundation from 2010 to 2012; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| Filing Date | Source Excerpt |
|---|---|
| 2007-07-02 | Until September 1, 1999, President and Chief Executive Officer, VWR Scientific Products Corp. |
| 2008-07-31 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000. |
| 2009-07-17 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000. |
| 2010-07-23 | Mr. Harris’s time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry and national and international product distribution. |
| 2011-06-16 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation since 2001; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2012-06-11 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation since 2001; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2013-06-13 | President and CEO of VWR Scientific Products Corporation; director of BlackRock Kelso Capital Corporation. |
| 2014-06-13 | President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999; Director, Troemner LLC (scientific equipment) since 2000; Director of BlackRock Kelso Capital Corp. since 2004. |
| 2015-01-23 | Jerrold B. Harris - Trustee, Ursinus College; Director, Ducks Unlimited, Inc.; Director, Troemner LLC (scientific equipment); President and CEO, VWR Scientific Products Corporation. |
| 2015-06-12 | Trustee, Ursinus College from 2000 to 2012; Director, Waterfowl Chesapeake (conservation) since 2014; Director, Troemner LLC (scientific equipment) since 2000; Director, Ducks Unlimited, Inc. (conservation) since 2013; Director of Delta Waterfowl Foundation from 2010 to 2012.; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2016-06-09 | President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999; Director of BlackRock Capital Investment Corp. |
| 2017-06-07 | Trustee, Ursinus College from 2000 to 2012; Director, Ducks Unlimited – Canada since 2015; Director, Waterfowl Chesapeake since 2014; Director, Ducks Unlimited, Inc. since 2013; Director, Troemner LLC (scientific equipment) from 2000 to 2016; Director of Delta Waterfowl Foundation from 2010 to 2012; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| Filing Date | Source Excerpt |
|---|---|
| 2007-07-02 | Until September 1, 1999, President and Chief Executive Officer, VWR Scientific Products Corp. |
| 2008-07-31 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000. |
| 2009-07-17 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000. |
| 2010-07-23 | President and CEO, VWR Scientific Products Corporation from 1990 to 1999; Director of BlackRock Kelso Capital Corp. |
| 2011-06-16 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation (a not-for-profit organization) since 2001; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2012-06-11 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation since 2001; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2013-06-13 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation from 2010 to 2012; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2014-06-13 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director, Ducks Unlimited, Inc. (conservation) since 2013; Director of Delta Waterfowl Foundation from 2010 to 2012.; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2015-06-12 | Mr. Harriss time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry and national and international product distribution. |
| 2016-06-09 | Mr. Harriss time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry and national and international product distribution. |
| 2017-06-07 | Trustee, Ursinus College from 2000 to 2012; Director, Ducks Unlimited – Canada since 2015; Director, Waterfowl Chesapeake since 2014; Director, Ducks Unlimited, Inc. since 2013; Director, Troemner LLC (scientific equipment) from 2000 to 2016; Director of Delta Waterfowl Foundation from 2010 to 2012; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| Filing Date | Source Excerpt |
|---|---|
| 2007-07-02 | Until September 1, 1999, President and Chief Executive Officer, VWR Scientific Products Corp. |
| 2008-07-31 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000. |
| 2009-07-17 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000. |
| 2010-07-23 | Mr. Harriss time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry and national and international product distribution. |
| 2011-06-16 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation since 2001; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2012-06-11 | Mr. Harriss time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry and national and international product distribution. |
| 2013-06-13 | President and CEO of VWR Scientific Products Corporation; director of BlackRock Kelso Capital Corporation. |
| 2014-06-13 | President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999; Director of BlackRock Kelso Capital Corp. since 2004. |
| 2015-06-12 | Trustee, Ursinus College from 2000 to 2012; Director, Waterfowl Chesapeake (conservation) since 2014; Director, Troemner LLC (scientific equipment) since 2000; Director, Ducks Unlimited, Inc. (conservation) since 2013; Director of Delta Waterfowl Foundation from 2010 to 2012.; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2016-06-09 | Mr. Harriss time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry and national and international product distribution. |
| 2017-06-07 | Trustee, Ursinus College from 2000 to 2012; Director, Ducks Unlimited – Canada since 2015; Director, Waterfowl Chesapeake since 2014; Director, Ducks Unlimited, Inc. since 2013; Director, Troemner LLC (scientific equipment) from 2000 to 2016; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| Filing Date | Source Excerpt |
|---|---|
| 2007-07-02 | Until September 1, 1999, President and Chief Executive Officer, VWR Scientific Products Corp. |
| 2008-07-31 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000. |
| 2009-07-17 | Trustee, Ursinus College; Director, Troemner LLC (scientific equipment). |
| 2010-07-23 | Mr. Harris’s time as President and Chief Executive Officer of VWR Scientific Products Corporation brings to the Boards business leadership and experience and knowledge of the chemicals industry and national and international product distribution. |
| 2011-06-16 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation since 2001; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2012-06-11 | Trustee, Ursinus College since 2000; Director, Troemner LLC (scientific equipment) since 2000; Director of Delta Waterfowl Foundation since 2001; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2013-06-13 | President and Chief Executive Officer, VWR Scientific Products Corporation; Director of BlackRock Kelso Capital Corp. |
| 2014-06-13 | President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999; Director, Troemner LLC (scientific equipment) since 2000. |
| 2015-06-12 | Trustee, Ursinus College from 2000 to 2012; Director, Waterfowl Chesapeake (conservation) since 2014; Director, Troemner LLC (scientific equipment) since 2000; Director, Ducks Unlimited, Inc. (conservation) since 2013; Director of Delta Waterfowl Foundation from 2010 to 2012.; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
| 2016-06-09 | President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999; Director of Delta Waterfowl Foundation from 2010 to 2012. |
| 2017-06-07 | Trustee, Ursinus College from 2000 to 2012; Director, Ducks Unlimited – Canada since 2015; Director, Waterfowl Chesapeake since 2014; Director, Ducks Unlimited, Inc. since 2013; Director, Troemner LLC (scientific equipment) from 2000 to 2016; Director of Delta Waterfowl Foundation from 2010 to 2012; President and Chief Executive Officer, VWR Scientific Products Corporation from 1990 to 1999. |
Data sourced from SEC filings. Last updated: 2025-12-07