Janey Ahn
About Janey Ahn
Janey Ahn is Secretary of BlackRock Enhanced Equity Dividend Trust (BDJ) and a Managing Director of BlackRock, Inc.; she has served as Secretary since 2012 and has been a Managing Director since 2018 . Filings list her as “Janey Ahn, Esq.” and identify her as the Secretary/contact for BDJ in transactional and governance documents, underscoring her role as a senior legal/governance officer for the BlackRock closed‑end fund complex . Year of birth: 1975; executive officers’ address: c/o BlackRock, 50 Hudson Yards, New York, NY 10001 . BDJ’s joint proxy indicates executive officers (other than the CCO) receive no direct compensation from the Funds, and it does not disclose pay‑for‑performance metrics for officers at the Fund level .
Past Roles
| Organization | Role | Years | Strategic impact / evidence |
|---|---|---|---|
| BlackRock Advisors, LLC (BDJ) | Secretary (executive officer) | Since 2012 | Regulatory signatory and governance officer; executed Secretary’s certificates and fidelity bond documentation for the Funds and is listed on BDJ transactional notices . |
| BlackRock, Inc. | Managing Director | Since 2018 | Senior leadership position at the adviser to BDJ, as disclosed in the joint proxy’s executive officer appendix . |
| BlackRock CEF complex | Named attorney‑in‑fact on SEC power of attorney (POA) authorizing filings of Forms 3/4/5 for CEF insiders | 2021 POA reference | Indicates trusted legal capacity across the closed‑end fund complex (Ahn named among attorneys‑in‑fact) . |
External Roles
No public company directorships or outside board roles for Ahn were disclosed in BDJ’s joint proxy; the executive officer appendix lists only her BlackRock roles (Secretary; Managing Director) .
Fixed Compensation
With the exception of the Chief Compliance Officer (CCO), executive officers of the Funds (including the Secretary) receive no compensation from the Funds; compensation is not disclosed at the Fund level for Ahn.
| Component | Disclosure status | Details |
|---|---|---|
| Base salary (Fund‑paid) | Not applicable | “With the exception of the CCO, executive officers receive no compensation from the Funds.” |
| Target/actual cash bonus (Fund‑paid) | Not applicable | No Fund‑level executive cash bonus disclosures for Ahn . |
| Perquisites (Fund‑paid) | Not applicable | No Fund‑level perquisite disclosures for executive officers other than the CCO . |
Performance Compensation
No Fund‑level equity or cash incentive plans are disclosed for executive officers (other than the CCO). As a result, there are no Fund‑level performance metrics, weightings, targets, payouts, or vesting terms reported for Ahn.
| Incentive type | Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|---|
| (None disclosed at Fund level for Secretary) | — | — | — | — | — | — |
| Note | Executive officers (other than the CCO) receive no compensation from the Funds, so no pay‑for‑performance disclosure for Ahn appears in BDJ’s proxy . |
Equity Ownership & Alignment
| Item | Data |
|---|---|
| Executive officer beneficial ownership | Not disclosed in the proxy for executive officers; the ownership appendix covers Board Members and Board Nominees, not Fund executive officers . |
| Ownership as % of shares outstanding | Not disclosed for executive officers in BDJ’s proxy . |
| Vested vs. unvested shares | Not disclosed for executive officers in BDJ’s proxy . |
| Options (exercisable/unexercisable) | Not disclosed for executive officers in BDJ’s proxy . |
| Shares pledged as collateral | Not disclosed for executive officers in BDJ’s proxy . |
| Stock ownership guidelines (execs) | Not disclosed for executive officers; Appendix C addresses Board Members’ equity securities, not officers . |
Employment Terms
| Term | Details |
|---|---|
| Title | Secretary, BDJ |
| Term of office & tenure | Annual appointment; serving since 2012 |
| Status | “Interested person” of the Funds by virtue of her position with BlackRock |
| Employer/compensation source | Executive officers (other than CCO) receive no compensation from the Funds (i.e., compensated by BlackRock/affiliates, not BDJ) |
| Address | c/o BlackRock, Inc., 50 Hudson Yards, New York, NY 10001 |
| Contract term, severance, change‑of‑control | Not disclosed in BDJ filings |
| Clawback, tax gross‑ups, deferred comp, pension/SERP | Not disclosed for Fund executive officers |
| Non‑compete / non‑solicit / garden leave | Not disclosed in BDJ filings |
| Representative filings evidencing role | Secretary’s Certificate and fidelity bond filings signed by “Janey Ahn, Esq.” (Feb 14, 2025); BDJ transactional notices list Ahn as Secretary/contact . |
Board Governance context relevant to executive pay
- The joint proxy describes that executive officers (other than the CCO) are not paid by the Funds, which is why there is no compensation committee for Fund “executive officers”; Board‑level oversight is handled via other standing committees across the BlackRock closed‑end fund complex .
Investment Implications
- Alignment and pay‑for‑performance visibility: Because Ahn is compensated by BlackRock (the adviser) and not by BDJ, there are no Fund‑level pay levers or disclosed performance metrics tying her compensation to BDJ’s TSR, discount management, or distribution coverage; this limits direct compensation‑alignment analysis at the Fund level .
- Insider selling pressure: The proxy provides no Fund‑level equity awards or vesting schedules for Ahn, and executive officer ownership is not disclosed; consequently, there are no identifiable Fund‑level vesting cliffs or award‑driven selling windows that would create near‑term trading signals tied to Ahn .
- Retention risk: Tenure since 2012 and repeated identification as Secretary and signatory on BDJ/complex filings suggest continuity in the governance/legal function; retention dynamics would be governed by BlackRock employment arrangements rather than BDJ‑specific contracts .
- Governance quality: The fund complex emphasizes independent Board leadership and specialized committees, with executive officers largely outside Fund‑level compensation frameworks; this structure centralizes operational incentives at the adviser while keeping Fund governance independent, reducing direct officer‑level pay risks at BDJ .