John Ball
President, Treasurer, and Principal Financial and Accounting Officer at GAMCO Global Gold, Natural Resources & Income Trust
Executive
About John C. Ball
John C. Ball serves as President, Treasurer, and Principal Financial and Accounting Officer of GAMCO Global Gold, Natural Resources & Income Trust (GGN) and has held officer roles across the Gabelli Fund Complex since 2017. He is Senior Vice President of GAMCO Investors, Inc. (since 2018) and Chief Executive Officer of G. Distributors, LLC (since 2020) . The 2024 proxy discloses he beneficially owns 68 GGN common shares (<1% of outstanding) . The proxy reports trustee compensation and one officer compensated directly by GGN (Vice President/Ombudsman), but does not disclose any direct fund compensation for Mr. Ball, indicating management officers are generally compensated by the Adviser rather than the fund .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| GAMCO Investors, Inc. | Senior Vice President | Since 2018 | Senior leadership at Adviser to GGN; oversight across fund complex |
| G. Distributors, LLC | Chief Executive Officer | Since 2020 | Distribution leadership within Gabelli ecosystem |
| Gabelli Fund Complex | Officer (registered investment companies) | Since 2017 | Officer across multiple closed-end funds, ensuring governance and filings |
External Roles
| Fund/Entity | Role in Filing | Date/Doc Type |
|---|---|---|
| The Gabelli Multimedia Trust Inc. (GGT) | President and Treasurer (signatory) | Oct 14, 2025 8-K |
| The Gabelli Dividend & Income Trust (GDV) | President/Treasurer; Principal Executive Officer (signatory) | Aug 8, 2025 N-14 |
| The GDL Fund (GDL) | President and Treasurer (signatory) | Apr 2, 2025 8-K |
| The Gabelli Convertible & Income Securities Fund (GCV) | President and Treasurer (signatory for redemption notice) | May 27, 2025 N-23C-2 |
| Gabelli Global Small & Mid Cap Value Trust (GGZ) | President and Treasurer (Form D signatory) | Nov 6, 2025 Form D |
| GAMCO Natural Resources, Gold & Income Trust (GNT) | President and Treasurer (Form D signatory) | Nov 6, 2025 Form D |
Fixed Compensation
| Component | FY 2024 Amount | Notes |
|---|---|---|
| Cash salary paid by GGN | Not disclosed | Proxy presents trustee compensation and notes officers, if any, compensated by fund rather than Adviser; Mr. Ball is not listed among fund-compensated officers |
| Bonus paid by GGN | Not disclosed | No bonus disclosed for Mr. Ball in fund filings |
| Perquisites paid by GGN | Not disclosed | GGN discloses only one officer compensated directly (Vice President/Ombudsman); no perquisites disclosed for Mr. Ball |
- Observation: For closed-end funds in the Gabelli complex, management officers are typically employees of the Adviser (GAMCO) and not directly compensated by the fund; the GGN proxy lists a single officer with direct fund compensation (Vice President/Ombudsman), while Mr. Ball’s compensation is not disclosed at the fund level .
Performance Compensation
- Not disclosed in GGN proxy for Mr. Ball (no RSU/PSU or bonus metrics tied to fund performance reported). The compensation table covers trustees and one officer compensated by the fund; no performance metrics are provided for Mr. Ball .
Equity Ownership & Alignment
| Metric | Value | Detail |
|---|---|---|
| Total beneficial ownership (GGN shares) | 68 common shares | As of Dec 31, 2024 |
| Ownership % of outstanding | <1% | Beneficial ownership of officers/trustees group is <1% |
| Pledged shares | Not disclosed | No pledging disclosure for Mr. Ball in proxy |
| Options/RSUs | Not disclosed | No equity awards disclosed for Mr. Ball at fund level |
| Ownership guidelines | Not disclosed | No officer ownership guideline disclosures for GGN |
Employment Terms
| Term | Disclosure | Notes |
|---|---|---|
| Role | President, Treasurer, Principal Financial & Accounting Officer | Officer of registered investment companies since 2017 |
| Tenure at GGN | Since 2017 | Listed continuously as officer in GGN and fund complex |
| Contract term/expiration | Not disclosed | Closed-end fund proxies typically do not include adviser employment contracts for officers |
| Severance/COC provisions | Not disclosed | No fund-level employment agreements disclosed for Mr. Ball |
| Non-compete/non-solicit | Not disclosed | Not covered in GGN proxy |
Investment Implications
- Alignment: Mr. Ball’s direct GGN share ownership is minimal (68 shares, <1%), consistent with fund-complex practice where officers are compensated by the Adviser rather than the closed-end fund, which limits direct fund-level pay-for-performance alignment signals .
- Retention/continuity: Multi-year tenure as an officer across the Gabelli Fund Complex (since 2017), plus senior roles at GAMCO and G. Distributors, indicates operational continuity and low immediate retention risk from the fund’s standpoint .
- Trading/insider signals: The proxy includes beneficial ownership but no insider trading activity details; with no disclosed equity awards, there are limited fund-level selling pressure or vesting-related signals for Mr. Ball at GGN .
- Governance footprint: Frequent signatory and officer roles across multiple affiliated funds reinforce centralized governance and administrative execution; this is neutral-to-positive for process reliability, though it concentrates key-person processes at the Adviser level rather than fund-specific performance incentives .
Note: As a closed-end fund, GGN’s proxy focuses on trustee compensation and limited officer disclosures. Mr. Ball’s compensation and incentive structures appear to be at the Adviser (GAMCO), not the fund; fund-level say-on-pay, equity awards, and performance-metric ties are not applicable in GGN’s disclosed materials .