Benjamin Mollozzi
About Benjamin Mollozzi
Benjamin V. Mollozzi (born Oct. 1984) serves as Chief Compliance Officer (CCO) of Cornerstone Strategic Value Fund, Inc. (CLM) since May 2024, and concurrently is Counsel and CCO of Cornerstone Advisors, LLC (the Fund’s investment adviser) since March 2024 . His prior experience includes counsel/attorney roles at Western & Southern Financial Group (Jan 2022–Feb 2024), U.S. Bank, N.A. (May 2021–Jan 2022), and Ultimus Fund Solutions, LLC (Aug 2015–May 2021); he also serves as CCO of Cornerstone Total Return Fund, Inc. since May 2024 . The proxy statement discloses director compensation but does not provide officer-specific compensation details; the Fund states it has no bonus, profit sharing, pension or retirement plans (context for director compensation disclosures) .
Past Roles
| Organization | Role | Years | Strategic Impact/Notes |
|---|---|---|---|
| Cornerstone Strategic Value Fund, Inc. (CLM) | Chief Compliance Officer | Since May 2024 | Executive officer of the Fund |
| Cornerstone Advisors, LLC (Investment Adviser) | Counsel and Chief Compliance Officer | Since Mar 2024 | Adviser legal/compliance leadership |
| Cornerstone Total Return Fund, Inc. | Chief Compliance Officer | Since May 2024 | Fund CCO role |
| Western & Southern Financial Group | Counsel | Jan 2022 – Feb 2024 | Legal role |
| U.S. Bank, N.A. | Attorney | May 2021 – Jan 2022 | Legal role |
| Ultimus Fund Solutions, LLC | Attorney | Aug 2015 – May 2021 | Legal role |
External Roles
- None disclosed beyond roles above .
Fixed Compensation
- Officer-level compensation for CLM’s executive officers (including CCO) is not disclosed in the proxy; the compensation section provides details for Directors only. The Fund notes it has no bonus, profit sharing, pension or retirement plans in the director compensation context .
Performance Compensation
- Not disclosed for executive officers (no officer-level incentive metrics, targets, or payouts provided in the proxy) .
Equity Ownership & Alignment
| Ownership Item | Detail |
|---|---|
| Aggregate ownership by all directors and executive officers | Less than 1% of outstanding shares as of Dec. 31, 2024 |
| Shares outstanding context | On Feb. 14, 2025, Cede & Co. held 249,422,091 shares of record (~99.9% of outstanding) |
| Individual officer holdings (incl. Mollozzi) | Not individually disclosed in proxy |
| Pledging/hedging | Not disclosed in proxy |
Employment Terms
| Term | Detail |
|---|---|
| CLM officer role | Chief Compliance Officer since May 2024 |
| Adviser role | Counsel and CCO, Cornerstone Advisors, LLC since Mar 2024 |
| Contract term, severance, change-in-control | Not disclosed in proxy |
| Clawbacks, non-compete, non-solicit, garden leave | Not disclosed in proxy |
Investment Implications
- Alignment: Officer-specific equity ownership is not disclosed; aggregate insider ownership (directors and officers combined) is <1% of outstanding shares, suggesting limited direct equity alignment at the Fund level .
- Pay-for-performance and selling pressure: No officer compensation, vesting schedules, or equity award details are provided; thus there is no evidence of near-term insider selling pressure tied to vesting or option exercises for Mollozzi in the proxy .
- Retention and governance: Mollozzi is a compliance-focused executive with extensive legal/compliance background and dual roles at the Fund and its Adviser; however, employment agreements, severance, and change-of-control protections are not disclosed, limiting visibility into retention incentives or parachute economics .
- Trading signals: Absence of disclosed officer equity awards, pledging, or hedging, alongside minimal aggregate insider ownership, provides limited incremental trading signal from this executive’s compensation/ownership profile based on the proxy alone .