Omar Tariq
About Omar Tariq
Omar Tariq serves as Chief Executive Officer and President (Principal Executive Officer) of Credit Suisse High Yield Bond Fund (NYSE American: DHY) since 2024; year of birth 1983. His prior roles include Executive Director at UBS Asset Management (Americas) LLC (since May 2024), Director at Credit Suisse (Mar 2019–May 2024), and Chief Financial Officer and Treasurer of the Credit Suisse Funds (2019–2024); previously Senior Manager at PricewaterhouseCoopers (2010–2019) . As Principal Executive Officer, he signed the Fund’s N-CSR certifications for 2024 and 2025; earlier he signed as CFO/Treasurer in 2020–2023 .
Past Roles
| Organization | Role | Years | Strategic impact / notes |
|---|---|---|---|
| Credit Suisse High Yield Bond Fund (DHY) | Chief Executive Officer and President (Principal Executive Officer) | 2024–present | Principal Executive Officer; signed Section 302/906 certifications on N-CSR for 2024 and 2025 |
| Credit Suisse Funds (Fund Complex) | Chief Financial Officer and Treasurer | 2019–2024 | Principal financial officer; signed Section 302/906 certifications on N-CSR in 2020–2023 |
| UBS Asset Management (Americas) LLC | Executive Director | May 2024–present | Officer of other Credit Suisse Funds |
| Credit Suisse | Director | Mar 2019–May 2024 | Officer of other Credit Suisse Funds |
| PricewaterhouseCoopers, LLP | Senior Manager | Sep 2010–Mar 2019 | Assurance/consulting leadership (title as disclosed) |
External Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| PricewaterhouseCoopers, LLP | Senior Manager | Sep 2010–Mar 2019 | Senior role in audit/consulting (title as disclosed) |
Fixed Compensation
- Officers of the Fund are employees of and compensated by UBS Asset Management (Americas) LLC; the Fund pays no compensation to its executive officers. The Fund has no bonus, profit sharing, pension or retirement plans .
| Component | Disclosure status |
|---|---|
| Base salary | Not disclosed by the Fund (officers are compensated by UBS AM (Americas), not the Fund) |
| Target bonus % | Not disclosed by the Fund |
| Actual bonus paid | Not disclosed by the Fund |
| Perquisites/benefits | Not disclosed by the Fund; the Fund has no bonus/profit sharing/pension/retirement plans |
Performance Compensation
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Fund- or adviser-level incentive metrics tied to Omar Tariq | Not disclosed by the Fund | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
The Fund does not have a Compensation Committee; officers are compensated by the adviser, and the proxy provides no executive incentive metric detail .
Equity Ownership & Alignment
| Item | Value |
|---|---|
| Aggregate beneficial ownership by Trustees and officers (Fund-level) | Less than 1% of outstanding equity securities |
| Omar Tariq individual beneficial ownership in DHY | Not disclosed in the proxy; the dollar-range ownership table covers Trustees/nominees, not officers; aggregate officers+Trustees <1% |
| Ownership guidelines / pledging / hedging policies | Not disclosed in the proxy sections reviewed |
Employment Terms
| Term | Details |
|---|---|
| Current role at DHY | Chief Executive Officer and President since 2024 |
| Prior Fund-complex role | CFO and Treasurer of the Credit Suisse Funds, 2019–2024 |
| Compensation Committee | The Fund does not have a Compensation Committee |
| Employment agreement terms with DHY (severance, CIC, non-compete, clawbacks) | Not disclosed by the Fund; executive officers are employees of UBS AM (Americas) and are compensated by the adviser, not by the Fund |
Investment Implications
- Compensation transparency: Pay-for-performance analysis at the Fund level is constrained because DHY does not disclose executive compensation structures or performance metrics; executive officers are paid by the adviser, and the Fund has no compensation committee .
- Equity alignment: The proxy states Trustees and officers, in aggregate, own less than 1% of shares, suggesting limited direct equity alignment at the Fund level; individual officer holdings (including Omar Tariq) are not disclosed in the proxy .
- Leadership transition: Governance continuity is implied by the 2024 transition of Principal Executive Officer responsibilities to Omar Tariq (from prior CEO John G. Popp through 2024) and Tariq’s prior tenure as CFO/Treasurer, with consistent signing of N-CSR certifications across roles .
For trading and governance signals, monitor: (i) any future proxies or 8-Ks that disclose adviser-level compensation plan linkages for fund officers, (ii) Form 4 filings or ownership updates for direct alignment shifts, and (iii) Fund performance and discount behavior post-2024 leadership transition; these items were not disclosed in the current proxy and will be determinative for assessing retention risk and incentive alignment .