Peter Sullivan
About Peter Sullivan
Peter M. Sullivan serves as Chief Legal Officer, Vice President, and Assistant Secretary of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (“the Fund”) and has been an officer since 2019; he became Chief Legal Officer in July 2021. He is age 57 and concurrently Chief Legal Officer of BNY Mellon Investment Adviser, Inc. and Associate General Counsel of BNY since July 2021; previously Senior Managing Counsel (Dec 2020–Jul 2021) and Managing Counsel (Mar 2009–Dec 2020). He is an officer across 47 investment companies comprising 103 portfolios. The Fund’s day-to-day operations are conducted by Fund officers and employees of the Investment Adviser, the Sub-Adviser, and their affiliates .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| BNY Mellon Municipal Bond Infrastructure Fund, Inc. | Chief Legal Officer, Vice President, Assistant Secretary | Officer since 2019; Chief Legal Officer since Jul 2021 | Fund legal leadership; officer across 47 investment companies (103 portfolios) |
| BNY Mellon Investment Adviser, Inc. | Chief Legal Officer | Since Jul 2021 | Legal leadership for the Investment Adviser |
| The Bank of New York Mellon (BNY) | Associate General Counsel | Since Jul 2021 | Senior legal role at BNY |
| The Bank of New York Mellon (BNY) | Senior Managing Counsel | Dec 2020–Jul 2021 | Senior legal counsel responsibilities |
| The Bank of New York Mellon (BNY) | Managing Counsel | Mar 2009–Dec 2020 | Managing counsel responsibilities |
External Roles
No external public company directorships or advisory roles for Peter Sullivan are disclosed in the Fund’s proxy; his listed positions are within BNY Mellon Investment Adviser, Inc. and BNY .
Equity Ownership & Alignment
| Metric | As of Jun 11, 2024 | As of Jun 25, 2025 |
|---|---|---|
| Officers & Directors group beneficial ownership of Common Stock (%) | <1% | <1% |
| Officers & Directors group ownership of RVMTP Shares (%) | 0% | 0% |
- The address of each officer of the Fund is 240 Greenwich Street, New York, NY 10286 .
Employment Terms
- Officers hold office for an indefinite term until a successor is elected and qualified .
- Day-to-day operations are conducted by Fund officers and employees of the Investment Adviser, Sub-Adviser, and their affiliates .
- Sullivan is an officer across 47 investment companies comprising 103 portfolios .
Investment Implications
- Compensation disclosure: The Fund discloses director compensation but does not disclose officer cash or equity compensation; Sullivan’s compensation appears to be determined at the Investment Adviser/BNY level, with no officer-specific pay or equity awards disclosed by the Fund. This limits pay-for-performance analysis at the Fund level .
- Alignment: Officers and Directors as a group hold <1% of common shares and 0% of preferred shares, indicating limited direct equity alignment at the Fund level; no pledging or hedging disclosures are provided .
- Retention and continuity: Sullivan’s long legal tenure at BNY and current dual roles (Fund CLO and Investment Adviser CLO) suggest low near-term retention risk and strong continuity in legal/compliance oversight .
- Trading signals: Section 16 compliance statements report no officer/director filing delinquencies for FY 2024 and FY 2025 (aside from a late Form 4 by Bank of America Corporate Center), and group ownership is de minimis, implying limited insider selling pressure or signal value from insider filings at the Fund level .
- Governance context: An activist proposal by Saba to declassify the Board was opposed by the Board; while this activism elevates governance focus, it does not appear to directly affect officer roles or compensation disclosure, but it may influence broader Fund governance and strategy oversight .