R. Kelly Williams, Jr.
About R. Kelly Williams, Jr.
R. Kelly Williams, Jr. serves as President of Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) and signed the fund’s 2025 N‑PX as “President – Chief Executive Officer” . He was born in 1971 and has served as an officer of EXG since 2023; he concurrently is President and Chief Operating Officer of Atlanta Capital Management Company, LLC, an affiliate within the Eaton Vance/Morgan Stanley ecosystem that advises the fund . The proxy describes that fund officers are affiliated with Eaton Vance and “will benefit from any advisory and/or administration fees paid by each Fund to Eaton Vance,” but it provides no EXG-specific performance metrics (e.g., TSR, revenue, EBITDA) tied to Mr. Williams’ compensation .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) | President; noted as President–Chief Executive Officer in 2025 N‑PX | 2023–present | Executive leadership of EXG; officer role within Eaton Vance fund complex |
| Not disclosed in fund filings | — | — | No additional past roles disclosed in EXG’s 2025 proxy |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Atlanta Capital Management Company, LLC | President & Chief Operating Officer | Not disclosed | Senior leadership at an Eaton Vance/Morgan Stanley affiliate that advises/executively supports EXG; officers benefit from fees paid by EXG to Eaton Vance |
Fixed Compensation
The proxy details Trustee remuneration but does not disclose officer-level salary/bonus tables for EXG; it states officers are affiliated with Eaton Vance and benefit from advisory/admin fees paid by the Fund to Eaton Vance.
- Evidence: “Remuneration of Trustees” schedules (retainers and committee fees) are disclosed, while officer cash pay is not presented in the proxy . Officers are affiliated with Eaton Vance; “because of their positions with Eaton Vance… the officers of the Funds will benefit from any advisory and/or administration fees paid by each Fund to Eaton Vance” .
| Item | Detail |
|---|---|
| Base salary | Not disclosed in EXG proxy; officers affiliated with Eaton Vance |
| Target bonus % | Not disclosed |
| Actual bonus paid | Not disclosed |
| Perquisites | Not disclosed |
Performance Compensation
EXG’s proxy does not provide officer PSU/RSU/option award tables, metrics, or payouts for Mr. Williams. It provides only Trustee fee schedules and officer affiliations.
| Instrument/Plan | Grant date | Amount/Shares | Vesting | Performance metrics | Payout |
|---|---|---|---|---|---|
| RSUs/PSUs/Options | Not disclosed in EXG proxy | — | — | — | — |
| Cash STI/LTI | Not disclosed in EXG proxy | — | — | — | — |
- Evidence: Trustee remuneration is disclosed; no officer grant/metric tables are included; officers are affiliated with Eaton Vance and benefit via advisory/admin fees .
Equity Ownership & Alignment
| Data Point | Detail |
|---|---|
| Initial beneficial ownership (Form 3) | On 2023‑02‑08, Mr. Williams reported “No securities are beneficially owned.” (Form 3) |
| Group ownership | As of May 27, 2025, “the Trustees and executive officers of each Fund, individually and as a group, owned beneficially less than 1% of the outstanding Common Shares” |
| Shares pledged as collateral | Not disclosed in EXG’s 2025 proxy |
| Ownership guidelines (officers) | Not disclosed in EXG’s 2025 proxy |
Notes:
- The proxy provides a trustee-specific ownership table (not officers); it confirms minimal aggregate insider ownership at the fund level as of the record date .
Employment Terms
| Term | Detail |
|---|---|
| Officer term | “The officers of the Funds hold indefinite terms of office” |
| Officer since (EXG) | 2023 |
| Current title (most recent filing) | President – Chief Executive Officer (as signed on N‑PX dated 08/11/2025) |
| Employer/affiliation | Officers are affiliated with Eaton Vance; Mr. Williams also serves as President & COO of Atlanta Capital Management Company, LLC |
| Severance/Change-of-control | Not disclosed in EXG’s 2025 proxy |
| Clawback, non-compete, non-solicit, garden leave | Not disclosed in EXG’s 2025 proxy |
Board Governance (context from proxy; Mr. Williams is an officer, not a Trustee)
- The proxy discloses trustee rosters, terms, and committees; the Board comprises non‑interested Trustees with defined retainers and committee structures .
- This section is included for governance context; it does not assign committee roles to Mr. Williams (officer) .
Say‑on‑Pay & Shareholder Feedback
- No officer say‑on‑pay framework is presented for EXG; the proxy is focused on trustee elections and governance, with trustee remuneration schedules disclosed .
Risk Indicators & Red Flags
- Insider transactions: Mr. Williams’ initial Form 3 reported zero holdings; no officer grant/vesting schedules are disclosed in the proxy, limiting visibility into potential insider selling pressure from vesting .
- Pledging/hedging, related‑party transactions, tax gross‑ups, clawbacks, or golden parachute terms for officers are not disclosed in EXG’s proxy .
Investment Implications
- Pay-for-performance alignment at the fund level appears indirect for officers: the proxy indicates officers are affiliated with Eaton Vance and benefit from advisory/administration fees paid by the Fund to Eaton Vance; it does not disclose EXG‑specific officer cash/equity incentive structures or performance metrics for Mr. Williams, which limits direct fund‑linked pay alignment transparency for investors and traders .
- Insider selling pressure looks limited from disclosed filings: Mr. Williams’ Form 3 reported zero beneficial ownership at appointment, and there are no officer-level equity grant/vesting tables in the proxy; taken together, this suggests low near‑term selling pressure signals tied to vesting events at the fund level, though adviser‑level compensation is not described in EXG filings .
- Retention risk is tied to the adviser complex: Mr. Williams concurrently holds a senior role at Atlanta Capital (Eaton Vance/Morgan Stanley affiliate), officers hold indefinite terms, and no EXG employment contract/severance/CIC terms are disclosed, indicating retention dynamics and incentives reside primarily within the adviser organization rather than the fund entity itself .
References:
- 2025 N‑PX signature block (Title: President – Chief Executive Officer)
- 2025 DEF 14A: officers roster/affiliation, officer terms, governance, and trustee remuneration
- Section 16 initial ownership (Form 3) for Mr. Williams (no securities beneficially owned)
- Aggregate insider ownership threshold (<1% for trustees and executive officers as a group as of May 27, 2025)