Nisha Kumar
About Nisha Kumar
Independent Class II Director of Western Asset Global High Income Fund Inc. (EHI) since 2019; birth year 1970; currently Chair of the Audit Committee and designated by the Board as an audit committee financial expert, reflecting deep finance and accounting expertise from prior CFO roles at Greenbriar Equity Group (2011–2021), Rent the Runway (2011), and AOL LLC (2007–2009); member of the Council on Foreign Relations . As of the 2025 proxy, she oversees 21 portfolios in the fund complex (up from 16 in 2024), indicating broad governance exposure across related registered investment companies .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Greenbriar Equity Group, LP | Managing Director; Chief Financial Officer and Chief Compliance Officer | 2011–2021 | Finance leadership and compliance oversight |
| Rent the Runway, Inc. | Chief Financial Officer and Chief Administrative Officer | 2011 | Operational and financial controls |
| AOL LLC (a subsidiary of Time Warner Inc.) | Executive Vice President and Chief Financial Officer | 2007–2009 | Public company financial reporting |
External Roles
| Organization | Role | Since/Period | Notes |
|---|---|---|---|
| Birkenstock Holding plc | Director | Since 2023 | Current public company role |
| The India Fund, Inc. | Director | Since 2016 | Closed-end fund board |
| Stonepeak-Plus Infrastructure Fund LP | Director | Since 2025 | Fund director role added in 2025 |
| Aberdeen Income Credit Strategies Fund | Director (prior) | 2017–2018 | Prior closed-end fund board |
| The Asia Tigers Fund, Inc. | Director (prior) | 2016–2018 | Prior closed-end fund board |
Board Governance
- Committee assignments: Member of Nominating, Compensation, and Pricing & Valuation Committees; Chair of the Audit Committee; designated audit committee financial expert .
- Board independence and leadership: 2025 Board comprised of eight directors, seven of whom are Independent; Eileen A. Kamerick serves as Chair (Independent) effective November 15, 2024; Independent Directors meet in executive session and are advised by independent counsel . In 2024, the Board comprised seven directors (six Independent), with Jane E. Trust as Chair and Kamerick as Lead Independent Director .
- Attendance: FY ended May 31, 2025 – Board held 4 regular and 4 special meetings; each Director attended at least 75% of Board and committee meetings for which eligible . FY ended May 31, 2024 – Board held 4 regular and 2 special meetings; each Director attended at least 75% .
- Committee activity cadence: Audit Committee met 6 times in FY 2025; Nominating met 5; Pricing & Valuation met 4; Compensation met 3 . Audit Committee met 5 times in FY 2024; other committee charters and cadence disclosed .
Fixed Compensation
Director compensation is cash-based for Board and committee service across the Fund and the broader fund complex; the Fund does not provide pension or retirement benefits to Directors .
Fund-level compensation for Nisha Kumar:
| Metric | FY 2024 (ended 05/31/24) | FY 2025 (ended 05/31/25) |
|---|---|---|
| Aggregate Compensation from EHI ($) | $9,034 | $10,826 |
Fund complex total compensation for Nisha Kumar:
| Metric | CY 2023 (ended 12/31/23) | CY 2024 (ended 12/31/24) |
|---|---|---|
| Total Compensation from Fund and Fund Complex ($) | $435,000 | $486,000 |
Performance Compensation
- No performance-based pay elements disclosed for Directors (no bonuses, RSUs/PSUs, options, pensions). Amounts reflect cash retainers and committee service across EHI and related funds; the Fund does not provide pension or retirement benefits to Directors .
- No director equity grant programs or performance metric linkages disclosed (e.g., TSR, EBITDA, ESG targets) .
Other Directorships & Interlocks
| Company | Role | Interlock/Conflict Notes |
|---|---|---|
| Birkenstock Holding plc | Director | No related-party interests with EHI’s adviser/affiliates disclosed; Directors and immediate family had no interest in adviser or affiliates as of the disclosure dates . |
| The India Fund, Inc. | Director | Closed-end fund role; same independence representations apply . |
| Stonepeak-Plus Infrastructure Fund LP | Director | Added in 2025; independence maintained per EHI disclosures . |
Expertise & Qualifications
- Finance and accounting leadership as CFO across multiple companies; compliance oversight as CCO; Board determined she is an audit committee financial expert, aligning skill set with Audit Chair role .
- Council on Foreign Relations membership; extensive oversight across the fund complex (21 portfolios in 2025) .
Equity Ownership
| As of | Dollar Range of Equity Securities in EHI | Aggregate Dollar Range in Family of Investment Companies |
|---|---|---|
| Dec 31, 2023 | A = None | A = None |
| Dec 31, 2024 | A = None | E = Over $100,000 |
- At the 2025 record date, nominees, Directors, and officers as a group owned less than 1% of EHI’s outstanding shares .
Governance Assessment
- Positive signals: Independent director since 2019 with Audit Chair responsibilities and audit financial expert designation; active committee cadence (Audit met six times in FY 2025); Board independence strengthened with an Independent Chair as of Nov 15, 2024; consistent attendance thresholds met .
- Alignment: No direct EHI share ownership (A = None) but increased aggregate ownership across the broader family of investment companies (E = Over $100,000) by Dec 31, 2024, offering some alignment to the complex’s investor outcomes .
- Conflicts/Related-party: Fund discloses no director or immediate family interests in FTFA (adviser) or affiliates; bylaws and nomination advance notice provisions provide guardrails against conflicts and abusive practices; Independence maintained .
- Workload and time commitments: Multiple board roles (Birkenstock, The India Fund, Stonepeak-Plus Infrastructure Fund LP) plus oversight of 21 portfolios could raise scheduling and bandwidth considerations; EHI bylaws cap public company board service to no more than five, counting certain fund complexes as a single company, mitigating overboarding risk (b).
- RED FLAGS:
- No direct ownership in EHI (A = None) may be perceived as weaker fund-specific alignment versus broader complex alignment .
- Group beneficial ownership <1% underscores limited insider skin-in-the-game at the Fund level .
Insider Reporting Compliance
| Period | Section 16(a)/30(h) Compliance Status |
|---|---|
| FY ended May 31, 2024 | All filing requirements met, based on the Fund’s review/written representations |
| FY ended May 31, 2025 | All filing requirements met, based on the Fund’s review/written representations |