Corporate Board Profile
Tech Score: 0/100
| Filing Date | Source Excerpt |
|---|---|
| 2005-01-31 | William R. Hutchinson President, W.R. Hutchinson & Associates Inc., formerly Group Vice President, Mergers and Acqusitions, BP AMOCO. |
| 2005-09-02 | William R. Hutchinson - President, W.R. Hutchinson & Associates Inc. (consulting); formerly, Group Vice President, Mergers and Acquisitions, BP Amoco p.l.c. |
| 2006-01-11 | William R. Hutchinson - President, W.R. Hutchinson & Associates Inc. (consulting), formerly Group Vice President, Mergers and Acquisitions, BP Amoco p.l.c. |
| 2007-01-25 | President, W.R. Hutchinson & Associates Inc. (consulting), formerly Group Vice President, Mergers and Acquisitions, BP Amoco p.l.c. |
| 2008-02-07 | President, W.R. Hutchinson & Associates Inc. (consulting), formerly Group Vice President, Mergers and Acquisitions, BP Amoco p.l.c. |
| 2009-01-16 | William R. Hutchinson - President, W.R. Hutchinson & Associates Inc. (consulting), formerly Group Vice President, Mergers and Acquisitions, BP Amoco p.l.c. |
| 2010-04-01 | President, W.R. Hutchinson & Associates Inc. (consulting); Director (Non-Executive Chairman (since December1, 2009)) of Associated Banc-Corp. (banking) (since 1994) |
| 2011-04-01 | President, W.R. Hutchinson & Associates Inc. (consulting) |
| 2012-03-02 | Mr. Hutchinson, experience in accounting and working with auditors, consulting, business and finance |
| 2013-02-27 | President, W.R. Hutchinson & Associates Inc. (consulting) |
| 2014-02-25 | President, W.R. Hutchinson & Associates Inc. (consulting) |
| 2015-02-20 | President, W.R. Hutchinson & Associates Inc. (consulting); Director and Non-Executive Chairman of Associated Banc-Corp. |
| 2016-02-29 | President, W.R. Hutchinson & Associates Inc. (consulting); Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) |
| 2017-03-08 | President, W.R. Hutchinson & Associates Inc. (consulting). |
| 2018-03-07 | William R. Hutchinson Director and Member of Audit, Nominating, Compensation, Pricing and Valuation Committees Since 2003 President, W.R. Hutchinson & Associates Inc. (consulting) |
| 2019-03-05 | President, W.R. Hutchinson & Associates Inc. (consulting) |
| 2020-02-10 | President, W.R. Hutchinson & Associates Inc. (consulting). |
| 2021-03-01 | experience in accounting and working with auditors, consulting, business and finance and service as a board member of another highly regulated financial services company |
| 2022-03-01 | President, W.R. Hutchinson & Associates Inc. (consulting) (since 2001) |
| Filing Date | Source Excerpt |
|---|---|
| 2005-02-01 | Willian R. Hutchinson Director and Since President, W.R. Hutchinson & Associates Inc., formerly Group Vice President, Mergers and Acqusitions, BP AMOCO. |
| 2005-09-02 | William R. Hutchinson - Director since 2003; President, W.R. Hutchinson & Associates Inc. (consulting); formerly, Group Vice President, Mergers and Acquisitions, BP Amoco p.l.c. |
| 2006-01-11 | William R. Hutchinson - President, W.R. Hutchinson & Associates Inc. (consulting), formerly Group Vice President, Mergers and Acquisitions, BP Amoco p.l.c. |
| 2007-01-25 | President, W.R. Hutchinson & Associates Inc. (consulting), formerly Group Vice President, Mergers and Acquisitions, BP Amoco p.l.c. |
| 2008-02-07 | President, W.R. Hutchinson & Associates Inc. (consulting), formerly Group Vice President, Mergers and Acquisitions, BP Amoco p.l.c. |
| 2009-01-16 | President, W.R. Hutchinson & Associates Inc. (consulting), formerly Group Vice President, Mergers and Acquisitions, BP Amoco p.l.c. |
| 2010-01-28 | President, W.R. Hutchinson & Associates Inc. (consulting); Director of Associated Banc-Corp. (banking) (since 1994) |
| 2011-04-01 | President, W.R. Hutchinson & Associates Inc. (consulting) |
| 2012-04-02 | Mr. Hutchinson, experience in accounting and working with auditors, consulting, business and finance |
| 2013-03-27 | President, W.R. Hutchinson & Associates Inc. (consulting) |
| 2014-03-26 | President, W.R. Hutchinson & Associates Inc. (consulting) |
| 2015-03-31 | President, W.R. Hutchinson & Associates Inc. (consulting). |
| 2016-04-01 | President, W.R. Hutchinson & Associates Inc. (consulting); Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) |
| 2017-03-31 | President, W.R. Hutchinson & Associates Inc. (consulting). |
| 2018-03-29 | President, W.R. Hutchinson & Associates Inc. (consulting) |
| 2019-03-05 | President, W.R. Hutchinson & Associates Inc. (consulting) |
| 2020-03-10 | President, W.R. Hutchinson & Associates Inc. (consulting). |
| 2021-09-15 | Mr. Hutchinson, experience in accounting and working with auditors, consulting, business and finance and service as a board member of another highly regulated financial services company |
| 2022-09-14 | President, W.R. Hutchinson & Associates Inc. (consulting) (since 2001) |
| Filing Date | Source Excerpt |
|---|---|
| 2004-07-30 | Willian R. Hutchinson Director and Since President, W.R. Hutchinson 43 Associated Banc and 535 N. Michigan Avenue Member of 2003 & Associates Inc., formerly Associated Banc-Corp. Suite 1012 the Nominating Group Vice President, Chicago, IL 60611 and Audit Mergers and Acqusitions, Age: 61 Committees BP AMOCO. |
| 2005-07-28 | William R. Hutchinson, Director and Member of Nominating and Audit Committees, President, W.R. Hutchinson & Associates Inc., formerly Group Vice President, Mergers and Acquisitions, BP AMOCO. |
| 2005-09-02 | William R. Hutchinson - President, W.R. Hutchinson & Associates Inc. (consulting); formerly, Group Vice President, Mergers and Acquisitions, BP Amoco p.l.c. |
| 2006-08-08 | President, W.R. Hutchinson & Associates Inc. (consulting), formerly Group Vice President Mergers and Acquisitions, BP Amoco p.l.c. |
| 2007-08-16 | President, W.R. Hutchinson & Associates Inc. (consulting), formerly Group Vice President, Mergers and Acquisitions, BP Amoco p.l.c. |
| 2008-08-27 | President, W.R. Hutchinson & Associates Inc. (consulting), formerly Group Vice President, Mergers and Acquisitions, BP Amoco p.l.c. |
| 2009-08-12 | President, W.R. Hutchinson & Associates Inc. (consulting) |
| 2010-08-24 | President, W.R. Hutchinson & Associates Inc. (consulting) |
| 2011-08-22 | William R. Hutchinson - President, W.R. Hutchinson & Associates Inc. (consulting); experience in accounting and working with auditors, consulting, business and finance. |
| 2012-08-27 | President, W.R. Hutchinson & Associates Inc. (consulting) |
| 2013-08-23 | President, W.R. Hutchinson & Associates Inc. (consulting) |
| 2014-08-27 | Mr. Hutchinson, experience in accounting and working with auditors, consulting, business and finance |
| 2015-08-28 | President, W.R. Hutchinson & Associates Inc. (consulting); Director (Non-Executive Chairman of the Board), Associated Banc-Corp. |
| 2016-09-01 | President, W.R. Hutchinson & Associates Inc. (consulting) |
| 2017-08-29 | William R. Hutchinson - President, W.R. Hutchinson & Associates Inc. (consulting). |
| 2018-08-28 | President, W.R. Hutchinson & Associates Inc. (consulting) |
| 2020-09-16 | William R. Hutchinson Birth year: 1942 Lead Independent Director and Member of Audit, Nominating, Compensation and Pricing and Valuation Committees Since 2003 President, W.R. Hutchinson & Associates Inc. (consulting) Director (since 1994) and formerly, Non-Executive Chairman of the Board (December 2009 to April 2020), Associated Banc Corp. (banking) |
| 2021-09-15 | President, W.R. Hutchinson & Associates Inc. (consulting) (since 2001) |
| 2022-09-14 | President, W.R. Hutchinson & Associates Inc. (consulting) (since 2001); Director (1994 to 2021) and Non-Executive Chairman of the Board (December 2009 to April 2020), Associated Banc-Corp. (financial services company) |
| Filing Date | Source Excerpt |
|---|---|
| 2007-01-31 | William R. Hutchinson535 N. Michigan AvenueSuite 1012Chicago, IL 60611Birth year: 1942 Director Since 2007 President, W.R. Hutchinson & Associates Inc. (consulting), formerly Group Vice President, Mergers and Acquisitions, BP Amoco p.l.c. 44 Director of Associated Banc-Corp. Only the Independent Directors receive remuneration from the Fund for acting as a Director. Aggregate fees and expenses (including reimbursement for travel and out-of-pocket expenses) of $32,536 were paid to such Directors by the Fund during the calendar year ended December 31, 2005. Fees for the Independent Directors, who also serve as board members of certain other funds sponsored by or affiliated with Legg Mason, are currently set at $60,000 per annum plus a per meeting fee of $2,500 with respect to in-person meetings and $100 for each telephone meeting. |
| 2008-02-07 | William R. Hutchinsonc/o Chairman of the Fund620 Eighth Avenue 6th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Since 2007 President, W.R. Hutchinson & Associates Inc. (consulting), formerly Group Vice President, Mergers and Acquisitions, BP Amoco p.l.c. Aggregate Compensation: $9,782 for fiscal year ended 9/30/07. |
| 2008-12-23 | William R. Hutchinsonc/o Chairman of the Fund,Legg Mason,620 Eighth Avenue 69th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Aggregate Compensation from the Fund for Fiscal Year Ended 09/30/08: $14,796 |
| 2009-12-31 | William R. Hutchinson c/o Chairman of the FundLegg Mason & Co.620 Eighth Avenue, 49th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Since 2007 President, W.R. Hutchinson & Associates Inc. (consulting) Director of Associated Banc-Corp. (banking) (since 1994) Total Compensation from the Fund and Fund Complex for Calendar Year Ended 12/31/08: $239,000 |
| 2010-12-29 | William R. Hutchinson c/o Chairman of the FundLegg Mason & Co.620 Eighth Avenue, 49th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Since 2007 President, W.R. Hutchinson & Associates Inc. (consulting) Aggregate Compensation: $224,000 |
| 2011-12-29 | William R. Hutchinson c/o Chairman of the FundLegg Mason & Co.620 Eighth Avenue, 49th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Since 2007 President, W.R. Hutchinson & Associates Inc. (consulting) Total Compensation: $243,500 |
| 2012-12-21 | William R. Hutchinson c/o Chairman of the FundLegg Mason & Co.620 Eighth Avenue, 49th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Since 2007 President, W.R. Hutchinson & Associates Inc. (consulting) 243,625 total compensation from the Fund Complex in 2011. |
| 2013-12-20 | William R. Hutchinson c/o Chairman of the Fund Legg Mason & Co. 620 Eighth Avenue, 49th Floor New York, NY 10018 Birth year: 1942 Director and Member of Audit and Nominating Committees Since 2007 President, W.R. Hutchinson & Associates Inc. (consulting) 31 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) |
| 2015-12-23 | William R. Hutchinson c/o Chairman of the Fund Legg Mason & Co. 620 Eighth Avenue, 49th Floor New York, NY 10018 Birth year: 1942 Director and Member of Audit and Nominating Committees Since 2007 President, W.R. Hutchinson & Associates Inc. (consulting) 31 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) Total Compensation from the Fund and Fund Complex for Calendar Year Ended 12/31/14: $280,231 |
| 2016-12-22 | William R. Hutchinson Birth year: 1942 Director and Member of Audit, Nominating, Compensation, Pricing and Valuation Committees Since 2007 ... Total Compensation from the Fund and Fund Complex for Calendar Year Ended 12/31/15 ($) 365,000 |
| 2017-12-22 | William R. Hutchinson c/o Chairman of the Fund Legg Mason & Co. 620 Eighth Avenue, 49th Floor New York, NY 10018 Birth year: 1942 Director and Member of Audit, Nominating, Compensation, Pricing and Valuation Committees Since 2007 ... Total Compensation from the Fund and Fund Complex for Calendar Year Ended 12/31/16 ($) 331,000 |
| 2019-01-15 | William R. Hutchinson Birth year: 1942 Director and Member of Audit, Nominating, Compensation, Pricing and Valuation Committees Since 2007 ... Mr. Hutchinson serves as Lead Independent Director ... The following table provides information concerning the compensation paid to each Director ... William R. Hutchinson 27,095 330,000 |
| 2020-01-29 | William R. Hutchinson Birth year: 1942 Lead Independent Director and Member of Audit, Nominating, Compensation and Pricing and Valuation Committees Since 2003 President, W.R. Hutchinson & Associates Inc. (consulting) 23 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) |
| 2021-03-01 | William R. Hutchinson Birth year: 1942 Lead Independent Director and Member of Audit, Nominating, Compensation and Pricing and Valuation Committees Since 2003 ...Total Compensationfrom the Fund andFund Complex forCalendar YearEnded 12/31/20 ($): 379,000 |
| 2022-03-01 | William R. Hutchinson Birth year: 1942 Lead Independent Director and Member of Audit, Nominating, Compensation and Pricing and Valuation Committees Since2003 ... AggregateCompensationfrom the Fundfor FiscalPeriod Ended09/30/21 ($) 31,404 Total Compensationfrom the Fund andFund Complex forCalendar YearEnded 12/31/21 ($) 341,000 |
| Filing Date | Source Excerpt |
|---|---|
| 2009-03-16 | William R. Hutchinson c/o Chairman of the FundLegg Mason & Co.620 Eighth Avenue, 49th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Total Compensation from the Fund and Fund Complex for Calendar Year Ended 12/31/08: $239,000 |
| 2010-02-26 | Willian R. Hutchinson c/o Chairman of the FundLegg Mason & Co.620 Eighth Avenue, 49th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Since 2007 President, W.R. Hutchinson & Associates Inc. (consulting) 21 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (banking) (since 1994) |
| 2011-03-03 | William R. Hutchinson c/o Chairman of the FundLegg Mason & Co.,620 Eighth Avenue, 49th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Since 2007 President, W.R. Hutchinson & Associates Inc. (consulting) 24 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) |
| 2012-03-02 | William R. Hutchinson c/o Chairman of the FundLegg Mason & Co.,620 Eighth Avenue, 49th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Since 2007 President, W.R. Hutchinson & Associates Inc. (consulting) Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) 4,735 0 243,625 |
| 2013-02-27 | William R. Hutchinson c/o Chairman of the FundLegg Mason & Co.,620 Eighth Avenue, 49th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Since 2007 President, W.R. Hutchinson & Associates Inc. (consulting) 29 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) ...The Fund's Audit Committee is composed entirely of all of the Independent Directors: Mses. Colman and Kamerick and Messrs. Cronin, Cucchi, Gelb, Hutchinson, Roett and Salacuse. Mr. Hutchinson serves as the Chair of the Audit Committee and has been determined by the Board to be an "audit committee financial expert."...The Fund's Nominating Committee, the principal function of which is to select and nominate candidates for election as Directors of the Fund, is composed of all of the Independent Directors: Mses. Colman and Kamerick and Messrs. Cronin, Cucchi, Gelb, Hutchinson, Roett and Salacuse...The following table provides information concerning the compensation paid to each Director by the Fund during the fiscal year ended November 30, 2012 and the total compensation paid to each Director during the calendar year ended December 31, 2012...William R. Hutchinson $0 $3,697 $243,583 |
| 2014-02-26 | William R. Hutchinson c/o Chairman of the Fund Legg Mason & Co., 620 Eighth Avenue, 49th Floor New York, NY 10018 Birth year: 1942 Director and Member of Audit and Nominating Committees Since 2007 President, W.R. Hutchinson & Associates Inc. (consulting) 31 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) |
| 2015-03-02 | William R. Hutchinson ... Director and Member of Audit and Nominating Committees ... Lead Independent Director ... AggregateCompensationfrom the Fund for Fiscal Year Ended 11/30/14($) 3,327 ... Total Compensation from the Fund and Fund Complex for Calendar Year Ended 12/31/14($) 279,916 |
| 2016-03-02 | William R. Hutchinson c/o Chairman of the Fund Legg Mason & Co., 620 Eighth Avenue, 49th Floor New York, NY 10018 Birth year: 1942 Director and Member of Audit and Nominating Committees Since 2007 President, W.R. Hutchinson & Associates Inc. (consulting) 31 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) |
| 2017-03-02 | William R. Hutchinson c/o Chairman of the Fund Legg Mason & Co., 620 Eighth Avenue, 49th Floor New York, NY 10018 Birth year: 1942 Director and Member of Audit, Nominating, Compensation, Pricing and Valuation Committees Since 2007 President, W.R. Hutchinson & Associates Inc. (consulting) Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) |
| 2018-02-23 | William R. Hutchinson Birth year: 1942 Director and Member of Audit, Nominating, Compensation, Pricing and Valuation Committees Since 2007 ... Mr. Hutchinson serves as Lead Independent Director ... The following table provides information concerning the compensation paid to each Director by the Fund during the fiscal year ended November 30, 2017 ... William R. Hutchinson 5,165 0 329,000 |
| 2019-03-05 | William R. Hutchinson Birth year: 1942 Director and Member of Audit, Nominating, Compensation, Pricing and Valuation Committees Since 2007 President, W.R. Hutchinson & Associates Inc. AggregateCompensationfrom the Fundfor FiscalYear Ended11/30/18($) 5,621 Total Compensationfrom the Fund andFund Complex forCalendar Year Ended12/31/18($) 330,000 |
| 2020-02-10 | William R. Hutchinson Birth year: 1942 Lead Independent Director and Member of Audit, Nominating, Compensation, Pricing and Valuation Committees Since 2007 President, W.R. Hutchinson & Associates Inc. (consulting) AggregateCompensationfrom the Fundfor FiscalYear Ended11/30/19($) 5,948 Total Compensationfrom the Fund andFund Complex forCalendar Year Ended12/31/19($) 349,000 |
| 2021-03-01 | William R. Hutchinson Birth year: 1942 Lead Independent Director and Member of Audit, Nominating, Compensation, Pricing and Valuation Committees Since 2007 ... Total Compensation from the Fund and Fund Complex for Calendar Year Ended 12/31/20($) 379,000 |
| 2022-03-01 | William R. Hutchinson Birth year: 1942 Lead Independent Director and Member of Audit, Nominating, Compensation and Pricing and Valuation Committees Since 2003 ... Aggregate Compensation from the Fund for Fiscal Year Ended 11/30/21 ($): 8,030 Total Compensation from the Fund and Fund Complex for Calendar Year Ended 12/31/21 ($): 341,000 |
| Filing Date | Source Excerpt |
|---|---|
| 2001-08-10 | William R. Hutchinson President, WR Hutchinson & Associates, Inc.; formerly Group Vice President, Mergers & Acquisitions BP Amoco p.l.c.; formerly Vice President--Financial Operations AMOCO Corporation; Director of Associated Bank; Director of Associated Banc-Corp.; 58. |
| 2002-08-13 | William R. Hutchinson Class III Director Since President, WR 7 Director, 535 N. Michigan 1995 Hutchison & Associated Bank; Suite 1012 Associates, Inc. Director, Chicago, IL 60611 (Consultant); Group Associated Banc- Age: 59 Vice President, Corp. Mergers & Acquisitions, BP Amoco p.l.c. During the fiscal year ended May 31, 2002, each Director who was not a director, officer, partner, co-partner or employee of SSB, or any affiliate thereof, received $5,000 per annum plus $500 per in-person Board Meeting and $100 per telephonic Board meeting. The following table provides information concerning the compensation paid to each Director during the fiscal year ended May 31, 2002. William R. Hutchison $7,200 The Portfolio's Audit Committee, which is composed of Directors who are "non-interested" persons of the Portfolio and who are independent (as such term is defined by the New York Stock Exchange's listing standards). The Audit Committee convened two times during the fiscal year ended May 31, 2002. The Directors constituting the Portfolio's Audit Committee also constitute the Portfolio's Nominating Committee, which is composed of "non-interested" Directors of the Portfolio. |
| 2003-08-19 | William R. Hutchinson+ Class III Director Since President, WR 40 Director, 535 N. Michigan 1995 Hutchison & Associated Bank; Suite 1012 Associates, Inc. Director, Chicago, IL 60611 (Consultant); Associated Banc- Age: 60 Group Vice Corp. President, Mergers & Acquisitions, BP Amoco p.l.c. During the fiscal year ended May 31, 2003, each Director who was not a director, officer, partner, co-partner or employee of CGM, or any affiliate thereof, received $5,000 per annum plus $500 per in-person Board meeting and $100 per telephonic Board meeting attended. The following table provides information concerning the compensation paid to each Director during the fiscal year ended May 31, 2003. William R. Hutchison 7,300 Messrs. Bloostein, Crane, Cucchi, Frankel, Hardin, Hutchison and Pavia constitute the Portfolio's Audit Committee, which is composed of Directors who are "non-interested" persons of the Portfolio and who are independent (as such term is defined by the New York Stock Exchange's listing standards). The Directors constituting the Portfolio's Audit Committee also constitute the Portfolio's Nominating Committee, which is composed of "non-interested" Directors of the Portfolio. |
| 2004-08-25 | William R. Hutchinson Age: 61 Class III Director Since 1995 President, WR Hutchison & Associates, Inc. (Consultant); Audit Committee member; Nominating Committee member; Aggregate Compensation From Fund for the fiscal year ended 5/31/04: $7,600. |
| 2005-08-29 | William R. Hutchinson Class III Director Since 1995 President, WR Hutchison & Associates, Inc. (Consultant) During the fiscal year ended May 31, 2005, each Director who was not a director, officer, partner, co-partner or employee of CGM, or any affiliate thereof, received $6,000 per annum plus $750 per in-person Board meeting and $300 per telephonic Board meeting attended. The following table provides information concerning the compensation paid to each Director during the fiscal year ended May 31, 2005. William R. Hutchinson received $9,550. |
| 2006-08-21 | William R. Hutchinson ... Class III Director ... Birth Year: 1942 ... President, WR Hutchison & Associates, Inc. (Consultant) ... Audit Committee ... Nominating Committee ... $11,775 compensation |
| 2007-08-16 | William R. Hutchinson 535 N. Michigan Suite 1012 Chicago, IL 60611 Birth Year: 1942 Director and Member of Audit and Nominating Committees Since 1995 President, WR Hutchinson & Associates, Inc. (Consultant) During the fiscal year ended May 31, 2007, each Director who was not a director, officer, partner, co-partner or employee of Legg Mason, or any affiliate thereof, received $6,000 per annum plus $750 per in-person Board meeting and $300 per telephonic Board meeting attended. Officers of the Fund are compensated by Legg Mason. Aggregate fees and expenses (including reimbursement for travel and out-of-pocket expenses) of $15,909 were paid to such Directors by the Fund during the year ended December 31, 2006. The following table provides information concerning the compensation paid to each Director during the fiscal year ended May 31, 2007. William R. Hutchinson 17,165 402,550 |
| 2008-08-27 | William R. Hutchinson535 N. Michigan Suite 1012Chicago, IL 60611Birth Year: 1942 Director and Member of Audit and Nominating Committees Since1995 President, WR Hutchinson & Associates, Inc. (Consultant) 20,480 |
| 2009-08-12 | William R. Hutchinson c/o Chairman of the FundLegg Mason & Co.620 Eighth Avenue, 49th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) 21 Director of Associated Banc-Corp. ...The Fund's Audit Committee is composed of all Directors who have been determined not to be "interested persons" of the Fund, LMPFA, Western Asset or their affiliates within the meaning of the 1940 Act, and who are "independent" as defined in the New York Stock Exchange listing standards. Currently, the Audit Committee is composed of Ms. Colman and Messrs. Cronin, Cucchi, Gelb, Hutchinson, Roett and Salacuse...The Fund's Corporate Governance and Nominating Committee (the "Nominating Committee"), the principal function of which is to select and nominate candidates for election as Directors of the Fund, is currently composed of Ms. Colman and Messrs. Cronin, Cucchi, Gelb, Hutchinson, Roett and Salacuse...The following table provides information concerning the compensation paid to each Director by the Fund during the fiscal year ended May 31, 2009 and the total compensation paid to each Director during the calendar year ended December 31, 2008...William R. Hutchinson $0 32,901 $239,000 |
| 2010-08-24 | William R. Hutchinson c/o Chairman of the FundLegg Mason & Co.620 Eighth Avenue, 49th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) Total Compensation from the Fund and Fund Complex for Calendar Year Ended 12/31/09: $224,000 |
| 2011-08-22 | William R. Hutchinson c/o Chairman of the FundLegg Mason & Co.620 Eighth Avenue, 49th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) Total Compensation from the Fund and Fund Complex for Calendar Year Ended 12/31/10: $243,500 |
| 2012-08-27 | William R. Hutchinson c/o Chairman of the FundLegg Mason & Co.620 Eighth Avenue, 49th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) 28 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) ...Mr. Hutchinson serves as the Chair of the Audit Committee and has been determined by the Board to be an "audit committee financial expert."...The Fund's Audit Committee is composed entirely of all of the Independent Directors: Ms. Colman and Messrs. Cronin, Cucchi, Gelb, Hutchinson, Roett and Salacuse...The Fund's Nominating Committee...is composed of all of the Independent Directors: Ms. Colman and Messrs. Cronin, Cucchi, Gelb, Hutchinson, Roett and Salacuse...The following table provides information concerning the compensation paid to each Director by the Fund during the fiscal year ended May 31, 2012 and the total compensation paid to each Director during the calendar year ended December 31, 2011...William R. Hutchinson...$243,625... |
| 2013-08-23 | William R. Hutchinson c/o Chairman of the FundLegg Mason & Co.620 Eighth Avenue, 49th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) Total Compensation from the Fund and Fund Complex for Calendar Year Ended 12/31/12: $243,583 |
| 2014-08-27 | William R. Hutchinson c/o Chairman of the Fund Legg Mason & Co. LLC ("Legg Mason & Co.")620 Eighth Avenue, 49th Floor New York, NY 10018 Birth year: 1942 Director and Member of Audit and Nominating Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) 30 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) ... The Fund does not provide any pension or retirement benefits to Directors. In addition, no remuneration was paid during the fiscal year ended May 31, 2014 by the Fund to Mr. Fuller who is an "interested person" as defined in the 1940 Act. The following table provides information concerning the compensation paid to each Director by the Fund during the fiscal year ended May 31, 2014 and the total compensation paid to each Director during the calendar year ended December 31, 2013. ... William R. Hutchinson $11,377 $244,707 ... The Board of Directors is currently comprised of eight directors, seven of whom are Independent Directors. Kenneth D. Fuller serves as Chairman of the Board. Mr. Fuller is an "interested person" of the Fund. The appointment of Mr. Fuller as Chairman reflects the Board's belief that his experience, familiarity with the Fund's day-to-day operations and access to individuals with responsibility for the Fund's management and operations provides the Board with insight into the Fund's business and activities and, with his access to appropriate administrative support, facilitates the efficient development of meeting agendas that address the Fund's business, legal and other needs and the orderly conduct of board meetings. Mr. Hutchinson serves as Lead Independent Director. |
| 2015-08-28 | William R. Hutchinson c/o Chairman of the Fund Legg Mason & Co. 620 Eighth Avenue, 49th Floor New York, NY 10018 Birth year: 1942 Director and Member of Audit and Nominating Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) 31 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) |
| 2016-09-01 | William R. Hutchinson c/o Chairman of the Fund Legg Mason & Co. 620 Eighth Avenue, 49th Floor New York, NY 10018 Birth year: 1942 Director and Member of Audit, Nominating, Compensation and Pricing and Valuation Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) 29 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) |
| 2017-08-29 | William R. Hutchinson Birth year: 1942 Director and Member of Audit, Nominating, Compensation and Pricing and Valuation Committees Since 1995 ... Aggregate Compensation from the Fund and Fund Complex for Calendar Year Ended 12/31/16 ($): 331,000 |
| 2018-08-28 | William R. Hutchinson Birth year: 1942 Director and Member of Audit, Nominating, Compensation and Pricing and Valuation Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) 25 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) |
| 2019-08-27 | William R. Hutchinson Birth year: 1942 Lead Independent Director and Member of Audit, Nominating, Compensation and Pricing and Valuation Committees Since 1995 President, W.R. Hutchinson & Associates Inc. Number of Portfolios in Fund Complex: 23 Other Directorships Held: Director (Non-Executive Chairman of the Board since 2009), Associated Banc-Corp (since 1994) |
| 2020-09-16 | William R. Hutchinson Birth year: 1942 Lead Independent Director and Member of Audit, Nominating, Compensation and Pricing and Valuation Committees Since 1995 ... Aggregate Compensation from the Fund and Fund Complex for Calendar Year Ended 12/31/19 ($): 349,000 |
| 2021-09-15 | William R. Hutchinson Birth year: 1942 Lead Independent Director and Member of Audit, Nominating, Compensation and Pricing and Valuation Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) (since 2001) 20 Director (since 1994) and formerly, Non-Executive Chairman of the Board (December 2009 to April 2020), Associated Banc Corp. (banking) ... Aggregate Compensation from the Fund and Fund Complex for Calendar Year Ended 12/31/20 ($): 379,000 |
| 2022-09-14 | William R. Hutchinson Birth year: 1942 Lead Independent Director and Member of Audit, Nominating, Compensation and Pricing and Valuation Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) (since 2001) 20 Director (1994 to 2021) and Non-Executive Chairman of the Board (December 2009 to April 2020), Associated Banc-Corp. (financial services company)...The Fund does not provide any pension or retirement benefits to Directors. In addition, no remuneration was paid during the fiscal year ended May 31, 2022 by the Fund to Ms. Trust who is an interested person as defined in the 1940 Act. ...The following table provides information concerning the compensation paid to each Director by the Fund during the fiscal year ended May 31, 2022 and the total compensation paid to each Director during the calendar year ended December 31, 2021...William R. Hutchinson 30,775 341,000... |
| Filing Date | Source Excerpt |
|---|---|
| 2005-03-22 | William R. Hutchinson+ Director Since 1998 President, WR Hutchinson & Associates, Inc. (oil industry consulting); formerly Group Vice President, Mergers & Acquisitions BP Amoco p.l.c. Year of Birth: 1942 |
| 2006-03-14 | William R. Hutchinson+ Director Since 1998 President, WR Hutchinson & Associates, Inc. (oil industry consulting); formerly Group Vice President Mergers & Acquisitions BP Amoco p.l.c. ... The Fund's Audit Committee is composed of all Directors who are not "interested persons" of the Fund, SBFM or their affiliates within the meaning of the 1940 Act, and who are "independent" as defined in the NYSE listing standards, namely Messrs. Crane, Cucchi, Frankel, Hardin, Hutchinson and Pavia. ... The Nominating Committee, the principal function of which is to select and nominate candidates for election or appointment by the Board as Directors of the Fund, is currently composed of Messrs. Crane, Cucchi, Frankel, Hardin, Hutchinson and Pavia. ... William R. Hutchinson Aggregate Compensation from Fund for the fiscal year ended 10/31/05: $9,225. |
| 2008-02-07 | William R. Hutchinsonc/o Chairman of the Fund620 Eighth Avenue 6th FloorNew York, NY 10018Year of Birth: 1942 Director and Member of Audit and Nominating Committees Since1998 President, WR Hutchinson & Associates, Inc. (oil industry consulting); formerly Group Vice President Mergers & Acquisitions BP Amoco p.l.c. 22 Director of Associated Banc-Corp. ... The following table shows the compensation paid by the Fund to each person who was a Director during the Fund's last fiscal year: Name of Person Aggregate Compensation from Fund for the fiscal year ended 10/31/07 Total Compensation from Fund and Fund Complex for the year ended 12/31/06 Total Number of Funds for Which Director Serves within Fund Complex William R. Hutchinson $ 7,562 $ 402,550 22 ... The Fund has a separately designated standing Audit Committee. The Fund's Audit Committee is composed of all Directors who are not "interested persons" of the Fund, LMPFA, Western Asset or their affiliates within the meaning of the 1940 Act, and who are "independent" as defined in the NYSE listing standards applicable to closed-end funds, namely Ms. Colman and Messrs. Crane, Cronin, Cucchi, Gelb, Hutchinson, Roett and Salacuse. |
| 2009-01-16 | William R. Hutchinsonc/o Chairman of the FundLegg Mason620 Eighth AvenueNew York, NY 10018Birth Year: 1942 Director and Member of Audit and Nominating Committees Since 1998 President, WR Hutchinson & Associates, Inc. (oil industry consulting); formerly Group Vice President Mergers & Acquisitions, BP Amoco p.l.c. Aggregate Compensation from the Fund for Fiscal Year Ended 10/31/08: $5,573 |
| 2010-01-28 | William R. Hutchinson c/o Chairman of the FundLegg Mason & Co.620 Eighth Avenue, 49th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) Aggregate Compensation from the Fund for Fiscal Year Ended 10/31/09: $7,287 Total Compensation from the Fund and Fund Complex for Calendar Year Ended 12/31/08: $239,000 |
| 2011-01-31 | William R. Hutchinson c/o Chairman of the FundLegg Mason & Co., LLC("Legg Mason & Co.")620 Eighth Avenue, 49th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) 24 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) Under the federal securities laws, and in connection with the Meeting, the Fund is required to provide to stockholders in connection with the Meeting information regarding compensation paid to the Directors by the Fund, as well as by the various other investment companies advised by LMPFA. The following table provides information concerning the compensation paid to each Director by the Fund during the fiscal year ended October 31, 2010 and the total compensation paid to each Director during the calendar year ended December 31, 2009. The Directors listed below are members of the Fund's Audit and Nominating Committees, as well as committees of the boards of certain other investment companies advised by LMPFA. Accordingly, the amounts provided in the table include compensation for service on all such committees. The Fund does not provide any pension or retirement benefits to Directors. In addition, no remuneration was paid during the fiscal year ended October 31, 2010 by the Fund to Mr. Gerken who is an "interested person" as defined in the 1940 Act. Name of Directors Aggregate Compensation from the Fund for Fiscal Period Ended 10/31/10 Total Compensation from the Fund and Fund Complex for Calendar Year Ended 12/31/09 Directorships William R. Hutchinson $6,200 $224,000 24 The Fund's Audit Committee is composed entirely of all of the Independent Directors: Ms. Colman and Messrs. Cronin, Cucchi, Gelb, Hutchinson, Roett and Salacuse. Mr. Hutchinson serves as the Chair of the Audit Committee and has been determined by the Board to be an "audit committee financial expert." |
| 2012-01-27 | William R. Hutchinson c/o Chairman of the FundLegg Mason & Co.,620 Eighth Avenue, 49th FloorNew York, NY 10018Birth year: 1942 Director and Member of Audit and Nominating Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) 25 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) ...The Fund's Audit Committee is composed entirely of all of the Independent Directors: Ms. Colman and Messrs. Cronin, Cucchi, Gelb, Hutchinson, Roett and Salacuse. ... The Fund's Nominating Committee, the principal function of which is to select and nominate candidates for election as Directors of the Fund, is composed of all of the Independent Directors: Ms. Colman and Messrs. Cronin, Cucchi, Gelb, Hutchinson, Roett and Salacuse... The following table provides information concerning the compensation paid to each Director by the Fund during the fiscal year ended October 31, 2011 and the total compensation paid to each Director during the calendar year ended December 31, 2010... William R. Hutchinson $4,664 $243,500 |
| 2014-01-27 | William R. Hutchinson c/o Chairman of the Fund Legg Mason & Co., LLC ("Legg Mason & Co.") 620 Eighth Avenue, 49th Floor New York, NY 10018 Birth year: 1942 Director and Member of Audit and Nominating Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) 31 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) ... The Fund does not provide any pension or retirement benefits to Directors. In addition, no remuneration was paid during the fiscal year ended October 31, 2013 by the Fund to Mr. Fuller who is an "interested person" as defined in the 1940 Act. ... The following table provides information concerning the compensation paid to each Director by the Fund during the fiscal year ended October 31, 2013 and the total compensation paid to each Director during the calendar year ended December 31, 2013. ... William R. Hutchinson $3,579 $243,297 |
| 2015-02-03 | William R. Hutchinson c/o Chairman of the Fund Legg Mason & Co. 620 Eighth Avenue, 49th Floor New York, NY 10018 Birth year: 1942 Director and Member of Audit and Nominating Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) Aggregate Compensation from the Fund for Fiscal Year Ended 10/31/14: $3,703 Total Compensation from the Fund and Fund Complex for Calendar Year Ended 12/31/14: $279,916 |
| 2016-01-29 | William R. Hutchinson c/o Chairman of the Fund Legg Mason & Co. 620 Eighth Avenue, 49th Floor New York, NY 10018 Birth year: 1942 Director and Member of Audit and Nominating Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) 31 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) |
| 2017-01-27 | William R. Hutchinson c/o Chairman of the Fund Legg Mason & Co. 620 Eighth Avenue, 49th Floor New York, NY 10018 Birth year: 1942 Director and Member of Audit, Nominating, Compensation, Pricing and Valuation Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) 27 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) |
| 2018-01-23 | William R. Hutchinson c/o Chairman of the Fund Legg Mason & Co. 620 Eighth Avenue, 49th Floor New York, NY 10018 Birth year: 1942 Director and Member of Audit, Nominating, Compensation, Pricing and Valuation Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) 25 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) |
| 2019-01-15 | William R. Hutchinson Birth year: 1942 Director and Member of Audit, Nominating, Compensation, Pricing and Valuation Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) 23 Director (Non-Executive Chairman of the Board (since December 1, 2009)), Associated Banc-Corp. (since 1994) |
| 2020-02-10 | William R. Hutchinson Birth year: 1942 Lead Independent Director and Member of Audit, Nominating, Compensation, Pricing and Valuation Committees Since 1995 ... Aggregate Compensation from the Fund and Fund Complex for Calendar Year Ended 12/31/19($): 349,000 |
| 2021-03-01 | William R. Hutchinson Birth year: 1942 Lead Independent Director and Member of Audit, Nominating, Compensation, Pricing and Valuation Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) 21 Director (since 1994) and formerly, Non-Executive Chairman of the Board (December 2009 to April 2020), Associated Banc Corp. (banking) |
| 2022-03-01 | William R. Hutchinson Birth year: 1942 Lead Independent Director and Member of Audit, Nominating, Compensation and Pricing and Valuation Committees Since 1995 President, W.R. Hutchinson & Associates Inc. (consulting) Aggregate Compensation: $341,000 |
Data sourced from SEC filings. Last updated: 2026-02-03