Jennifer Fromm
Vice President, Counsel and Assistant Secretary at Virtus Artificial Intelligence & Technology Opportunities Fund
Executive
About Jennifer Fromm
Jennifer Fromm (Year of Birth: 1973) serves as Vice President, Counsel and Assistant Secretary of Virtus Artificial Intelligence & Technology Opportunities Fund (AIO), appointed by the Board; she previously served as Vice President, Chief Legal Officer, Counsel and Secretary from 2022–2024, and Vice President and Assistant Secretary from 2021–2022 . Officers receive no compensation from the Funds and are compensated in their capacities at Virtus Investment Partners, Inc. or the administrator; fund proxies do not disclose her salary, bonus, or equity specifics . AIO had 34,394,242 common shares outstanding as of the April 2, 2025 record date, providing context for ownership alignment analysis .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) | Vice President, Counsel and Assistant Secretary | Since 2024 | Legal and governance oversight for fund operations; officer appointed by the Board . |
| Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) | Vice President, Chief Legal Officer, Counsel and Secretary | 2022–2024 | Led legal function and corporate secretary duties across AIO and related Virtus funds . |
| Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) | Vice President and Assistant Secretary | 2021–2022 | Supported fund legal administration and governance processes . |
| Virtus Investment Partners, Inc. (and subsidiaries) | Vice President | Since 2016 | Corporate legal leadership supporting registered funds advised by Virtus affiliates . |
| Virtus Investment Partners, Inc. (and subsidiaries) | Senior Counsel, Legal | Since 2007 | Senior legal counsel across Virtus fund complex . |
| Virtus funds (earlier reports) | Chief Legal Officer, Counsel and Secretary; Officer of the registrant | 2022–2023 disclosures | Confirmed officer status and legal responsibilities across the Virtus fund family . |
Fixed Compensation
- Officers of the Funds receive no compensation from the Funds; they are also officers of Virtus or the Funds’ administrator and receive compensation in such capacities. The proxy does not disclose base salary, target bonus, or actual bonus for fund officers .
Performance Compensation
- No performance-based compensation details (metrics, weighting, targets, vesting) are disclosed for fund officers; compensation is not paid by the Funds and is therefore outside the scope of the Fund proxy .
Equity Ownership & Alignment
| Metric | Value | Notes |
|---|---|---|
| Trustees and executive officers beneficial ownership (% of outstanding) | Less than 1% | Group ownership across the Virtus funds as of April 2, 2025 . |
| AIO Outstanding Common Shares | 34,394,242 | Shares outstanding as of April 2, 2025 . |
- Officer-level beneficial ownership holdings for Ms. Fromm are not individually itemized in the proxy; only group-level ownership is disclosed .
Employment Terms
- Officers are appointed by the Board; the proxy does not present officer employment agreements, severance or change-in-control provisions for fund officers, and notes that officers are compensated by Virtus or the administrator rather than the Funds .
Investment Implications
- Pay-for-performance analysis at the fund level is not applicable to Ms. Fromm because officer compensation is paid outside the Funds and not disclosed in the proxy; there are no fund-level salary/bonus/PSU/RSU details to tie to AIO’s performance metrics .
- Skin-in-the-game appears limited at the aggregate level: trustees and executive officers, as a group, own less than 1% of outstanding shares across the fund complex, reducing direct alignment/trading-signal value from insider ownership for AIO .
- Governance continuity: Ms. Fromm’s legal leadership tenure and role transitions (Assistant Secretary → Chief Legal Officer/Secretary → Counsel and Assistant Secretary) suggest ongoing involvement in governance, disclosure, and compliance; monitoring Item 5.02 8-Ks or future proxies for role changes or compensation policy updates remains prudent .
- With officer compensation outside the Funds and no officer-level ownership detail, traditional executive-trading and vesting-pressure signals are unlikely to emerge from AIO’s filings; investors should focus on fund-level performance, distribution policy, and Board actions rather than officer incentives for trading signals .