Rose Ann Bubloski
About Rose Ann Bubloski
Rose Ann Bubloski (born 1968) serves as Chief Financial Officer and Treasurer (Principal Financial Officer) of Credit Suisse Asset Management Income Fund, Inc. (“the Fund”) and has held these officer roles since 2024; she is also a Director and Senior Manager of UBS Asset Management (Americas) LLC (“UBS AM (Americas)”) and has been associated with UBS since March 1994 . She regularly provides Section 302/906 certifications on the Fund’s shareholder reports, indicating responsibility for disclosure controls and internal control over financial reporting; the Fund reported effective disclosure controls with no material changes in ICFR for the relevant period . Officers (including Ms. Bubloski) are compensated by UBS AM (Americas), not by the Fund; the Fund has no bonus, profit sharing, pension or retirement plans and no compensation committee, limiting direct pay-for-performance alignment disclosure at the Fund level .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| UBS Asset Management (Americas) LLC | Director and Senior Manager | Since 2011 | Senior leadership at the adviser to the Fund and other Credit Suisse funds, supporting finance and control responsibilities . |
| UBS Group (various AM entities) | Executive (associated with UBS) | Since March 1994 | Long-tenured asset management experience; officer of other Credit Suisse funds, supporting continuity across the fund complex . |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| None disclosed in Fund filings | — | — | Fund documents do not list external board or committee roles for Ms. Bubloski . |
Fixed Compensation
- Officers of the Fund are employees of and compensated by UBS AM (Americas). None of the Fund’s executive officers received any compensation from the Fund; the Fund has no bonus, profit sharing, pension, or retirement plans, and does not have a Compensation Committee .
- Implication: Base salary, target/actual bonus, and perquisites for Ms. Bubloski are not disclosed in Fund filings because compensation is paid by the external adviser, UBS AM (Americas) .
Performance Compensation
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not disclosed at Fund level | — | — | — | — | — |
- The Fund’s filings do not disclose performance metrics or outcomes tied to Ms. Bubloski’s incentive compensation, which is set and paid by UBS AM (Americas). The Fund reports Item 18 “Recovery of Erroneously Awarded Compensation” as not applicable to the Registrant .
Equity Ownership & Alignment
| Item | Detail |
|---|---|
| Individual officer holdings | Not disclosed; Fund proxy provides dollar ranges for Directors only, not officers . |
| Aggregate insider ownership | Fund’s Directors and officers, in the aggregate, own less than 1% of the Fund’s outstanding equity securities . |
| Section 16 compliance | Fund reports Section 16(a)/Section 30(h) reports were filed on a timely basis for FY2024 (no individual exceptions noted) . |
| Pledging/hedging | Not disclosed in Fund filings for officers . |
| Shares outstanding (context) | 54,812,003 Shares outstanding as of March 13, 2025 record date . |
| Notable holders (context) | First Trust Portfolios L.P. beneficially owned ~22.21% as of Feb 28, 2025 (per Schedule 13G/A) . |
Note: A director (Lee M. Shaiman) filed a Form 3 indicating no beneficial ownership on appointment; no analogous Form 3 for Ms. Bubloski appears in the Fund documents queried, and officer-specific holdings are not provided in the proxy .
Employment Terms
| Term | Disclosure |
|---|---|
| Officer term | Officers’ current terms end at the Board meeting next following the Annual Meeting; the Board anticipates electing officers for an additional term at that meeting . |
| Titles | Chief Financial Officer and Treasurer (Principal Financial Officer); executed SEC certifications and N‑CEN signature on behalf of the Fund . |
| Employment agreement | Not disclosed by the Fund; officers are employees of UBS AM (Americas) . |
| Severance / change-in-control | Not disclosed at Fund level (no compensation committee; compensation handled by UBS AM (Americas)) . |
| Clawback | Recovery of erroneously awarded compensation: Not applicable to the Registrant . |
| Non-compete / non-solicit | Not disclosed in Fund filings . |
Performance & Track Record
- Controls and reporting: Principal Financial Officer certifications under Sections 302 and 906 of Sarbanes-Oxley accompany the Fund’s reports, and the Fund reported effective disclosure controls with no material ICFR changes for the covered period, supporting governance and reporting reliability .
- Auditor transition context: The Fund dismissed PwC (effective after April 30, 2024 due to independence status) and engaged EY on June 19, 2024; no disagreements or reportable events were noted for the periods referenced, indicating a non-adverse transition from an audit standpoint .
Governance Context (Fund-level)
- The Fund does not have a Compensation Committee; all officers are paid by UBS AM (Americas), reducing direct visibility into officer incentive design at the Fund .
- Director compensation, attendance, and committee structure are disclosed at the Fund level; officers receive no compensation from the Fund .
Investment Implications
- Alignment and selling pressure: With officers compensated by UBS AM (Americas) and aggregate insider ownership below 1%, there is limited evidence of direct fund-level pay-for-performance alignment or equity-driven selling pressure tied to Fund awards; any incentive levers reside at UBS AM (Americas) and are not disclosed in Fund filings .
- Retention risk: Ms. Bubloski’s long association with UBS (since 1994) and senior role at UBS AM (Americas) indicate stability; officer terms are re-elected annually by the Board following the Annual Meeting, but no severance or CoC terms are disclosed at the Fund level to assess retention economics .
- Governance and control environment: Repeated SOX certifications and effective disclosure controls disclosures mitigate governance risk signals; the auditor change was driven by independence status rather than disagreements, limiting adverse inference from the transition .
- Data gaps: Base salary, bonus metrics, vesting, clawbacks, and ownership guidelines for Ms. Bubloski are not available in Fund filings because compensation is set and paid by UBS AM (Americas); investors should look to UBS AM (Americas) disclosures for a full pay-for-performance assessment .
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