Keith Quinton

About Keith Quinton

Independent Trustee of Eaton Vance Enhanced Equity Income Fund (EOI) since 2018; Class II Trustee with current term expiring in 2027. Chairperson of the Closed‑End Fund Committee and member of multiple standing committees. Thirty-plus years in investment research/portfolio management, retiring from Fidelity Investments in 2014; prior quantitative roles at MFS, Santander Global Advisors, Putnam, and earlier positions at Eberstadt Fleming, Falconwood Securities, and Drexel Burnham Lambert. Served on the New Hampshire Retirement System Investment Committee (2017–2021) and as Director (2016–2021) and Chairman (2019–2021) of the New Hampshire Municipal Bond Bank. Year of birth: 1958 .

Past Roles

External Roles

Board Governance

• Independence: Board composed solely of noninterested Trustees; committees comprised only of noninterested Trustees; Audit Committee members are independent under NYSE standards .
• Committee assignments (2025):
  • Audit Committee: Member (current composition includes Wennerholm—Chair, Gorman, Quinton, Stefani) .
  • Contract Review Committee: Member .
  • Compliance Reports & Regulatory Matters Committee: Member .
  • Closed‑End Fund Committee: Chairperson .
  • Governance Committee: Member; all members independent under NYSE .
  • Portfolio Management Committee: Not listed as a member (chair is Smith) .
• Committee assignments (2024):
  • Audit Committee: Member (Wennerholm—Chair, Gorman, Quinton, Wiser) .
  • Contract Review Committee: Member .
  • Compliance Reports & Regulatory Matters Committee: Member .
  • Ad Hoc Committee for Closed‑End Fund Matters: Member (Smith—Chair; later formalized as Closed‑End Fund Committee) .
  • Governance Committee: Member; all members independent .
• Attendance and engagement (FY 2023): Board met 9 times; Audit 9, Contract Review 7, Governance 4, Portfolio Management 9, Compliance 9, Ad Hoc Closed‑End 2; each Trustee attended at least 75% of meetings; none attended the 2023 Annual Meeting of Shareholders .

Fixed Compensation

• Trustee fee schedule (current policy):
  • Annual retainer: $325,000 (2025 proxy) vs $315,000 (2024 proxy) .
  • Additional annual retainer for Chair of noninterested Trustees: $150,000 .
  • Committee service retainer: $82,500 .
  • Additional annual retainer for serving on four or more Committees: $15,000 .
  • Committee Chair retainer: $35,000 (split if co‑chairs) .
  • Ad Hoc Committee Chair fee: $5,000 per six‑month period (in 2024 policy only) .
  • Out‑of‑pocket expenses reimbursed .

• Deferred compensation plan: Trustees may elect to defer fees into EV fund shares; amounts paid are based on investment performance; the Fund has no pension/retirement plan for Trustees .
• Footnotes in the compensation tables identify deferred amounts for certain Trustees (not specific to Quinton in 2025 table) .

Performance Compensation

Other Directorships & Interlocks

• No current public company directorships disclosed for Quinton in the “Other Directorships Held During Last Five Years” column; prior roles include NH Municipal Bond Bank (Director/Chairman) .
• No disclosed interlocks with EOI competitors/suppliers/customers in the proxy .

Expertise & Qualifications

• Deep quantitative investment background across major asset managers (Fidelity, MFS, Putnam, Santander), with portfolio management and quantitative research leadership .
• Public finance oversight experience (NH Municipal Bond Bank) and pension investment governance (NHRS Investment Committee) .
• Multiple EOI committee assignments, including chairing the Closed‑End Fund Committee (capital structure, distribution policies, secondary market trading) .

Equity Ownership

• Ownership alignment: Quinton was the only Trustee holding EOI shares as of April 30, 2024 .
• Deferred Compensation Plan allows fee deferrals into EV fund shares (alignment mechanism); no pension for Trustees .

Governance Assessment

• Board effectiveness: Quinton’s committee breadth and chair role on the Closed‑End Fund Committee suggest active oversight of capital structure, distributions, and secondary market trading—key to closed‑end fund shareholder outcomes .
• Independence and audit oversight: Member of the Audit Committee; committee members are independent under NYSE; designated financial experts are Gorman and Wennerholm (Quinton not designated) .
• Engagement: Meets the proxy threshold of ≥75% attendance across Board/committees in FY 2023; however, none of the Trustees attended the 2023 Annual Meeting (engagement optics) .
• Compensation structure: All‑cash fixed retainer plus committee chair fees; no performance‑linked or equity awards—reduces pay‑for‑performance alignment but consistent with best practice for independent fund trustees. Notable YOY retainer increase ($315k → $325k), indicating modest pay inflation .
• Conflicts oversight: Member of Contract Review Committee tasked with identifying and reviewing service‑provider conflicts (including affiliates), which mitigates related‑party risks .
• RED FLAGS:
  • No Trustee attendance at the 2023 Annual Meeting of Shareholders (potential investor‑engagement concern) .
• Overall signal: Strong independence and governance roles; personal EOI share ownership is a positive alignment indicator; lack of performance‑based pay is standard for fund trustees but means alignment relies on personal holdings rather than incentive design .