Deidre E. Walsh
About Deidre E. Walsh
Deidre E. Walsh is Vice President and Chief Legal Officer of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW), serving as an officer since 2021; she was born in 1971 and also serves as Agent for Service for the registrant and signs SEC reports on behalf of the Fund . She is a Vice President of Eaton Vance and Boston Management and Research (BMR) and an officer across 123 Eaton Vance registered investment companies, as well as a Vice President of Calvert Research Management and officer across 45 Calvert funds (Eaton Vance and Calvert are indirect Morgan Stanley units) . Fund filings do not disclose officer compensation or any pay-for-performance linkage for ETW officers; officers, by virtue of their roles at Eaton Vance and ownership of Morgan Stanley stock, may benefit indirectly from advisory/administration fees paid by the Fund . Trustees and executive officers as a group beneficially own less than 1% of ETW’s outstanding shares, indicating limited direct “skin-in-the-game” at the fund level .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Eaton Vance Management / BMR | Vice President; Officer of 123 EV funds | 2021–present | Senior legal/executive role across the Eaton Vance fund complex; supports governance and regulatory compliance . |
| Calvert Research Management | Vice President; Officer of 45 Calvert funds | 2021–present | Legal/executive oversight across Calvert-advised or administered funds . |
| Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) | Vice President & Chief Legal Officer; Agent for Service; SEC signatory | 2021–present | Fund CLO; Agent for Service on N-CSR/N-PX; signs 8-K on behalf of registrant . |
External Roles
No external public company directorships or outside roles for Ms. Walsh are listed in the ETW proxy and recent fund reports reviewed; filings focus on her fund officer roles within the Eaton Vance/Morgan Stanley complex .
Fixed Compensation
- ETW’s proxy discloses trustee compensation schedules, but provides no officer compensation table; officers are employees of Eaton Vance/BMR. Officers, due to their positions at Eaton Vance and ownership of Morgan Stanley stock, “will benefit from any advisory and/or administration fees paid by each Fund to Eaton Vance.” No base salary, bonus, or perquisites for ETW officers are disclosed at the fund level .
- Recovery of erroneously awarded compensation (clawback) disclosure on the Fund’s N-CSR is “Not applicable,” consistent with the fund structure; any recoupment policies applicable to adviser employees would be at the Morgan Stanley/Eaton Vance level and are not included in ETW’s filings .
Performance Compensation
- No short- or long-term incentive plans, performance metrics (e.g., revenue, EBITDA, TSR), or payout outcomes are disclosed for ETW officers; there are no vesting schedules, equity awards (RSUs/PSUs/options), or performance targets for Ms. Walsh in the fund’s filings .
Equity Ownership & Alignment
- Beneficial ownership: Trustees and executive officers of each Fund, individually and as a group, owned less than 1% of ETW’s outstanding common shares as of January 28, 2025 (no individual officer breakdown provided) .
- Pledging/hedging and ownership guidelines: No disclosures for officers in ETW’s proxy and reports reviewed .
- Insider activity/vesting overhang: No officer equity award or vesting disclosures at the fund level; no officer Form 4 activity was identified in the fund documents reviewed .
Employment Terms
- Role and tenure: Vice President & Chief Legal Officer of ETW; officer since 2021; officers of the Funds hold indefinite terms of office .
- Employment/affiliation: Vice President of Eaton Vance and BMR; Vice President of Calvert Research Management; officer across the EV/Calvert fund complexes .
- Compensation/payor: Officers are adviser employees; fund-level officer compensation not disclosed; officers may benefit indirectly from advisory/administration fees via their positions and Morgan Stanley equity ownership .
- Agent for Service: Listed as Agent for Service for ETW at One Post Office Square, Boston, MA 02109 on N-CSR and N-PX .
- Severance/change-in-control, non-compete/nonsolicit, garden leave, and post-termination terms: Not disclosed in ETW’s fund filings .
Investment Implications
- Alignment and incentives: Lack of fund-level officer equity awards or share ownership and the group’s <1% beneficial ownership indicate limited direct alignment via ETW shares; as an adviser employee, incentives are primarily at Morgan Stanley/Eaton Vance rather than tied to ETW-specific TSR or fundamentals .
- Retention and execution risk: Walsh’s portfolio-wide legal role across 123 Eaton Vance and 45 Calvert funds suggests institutional continuity and process strength; retention risk and compensation levers sit with the adviser (Morgan Stanley/Eaton Vance), not the fund, and are not disclosed in ETW filings .
- Trading/flow signals: With no disclosed officer equity grants, vesting schedules, or insider ownership concentrations at the fund level, there is minimal direct “vesting overhang” or insider selling pressure to monitor within ETW’s filings; governance events (e.g., board leadership changes) are communicated via 8-K and signed by Ms. Walsh .
- Governance controls: Clawback “not applicable” at the fund level and absence of officer compensation disclosure are typical for closed-end funds, but reduce transparency into pay-for-performance at the individual officer level; monitoring should focus on adviser-level disclosures and any future 8-K Item 5.02 filings .
Sources: ETW DEF 14A (Officers, Trustee compensation, ownership), ETW N-CSR/N-PX (officer roster, Agent for Service, clawback disclosure), and ETW 8-K (signatory/title).
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