Daniel Goldstein
About Daniel Goldstein
Daniel Goldstein is a Vice President of BNY Mellon Strategic Municipals, Inc. (LEO) since 2022 and a senior executive within BNY Investments, serving as Executive Vice President of North America Product since April 2023; he previously led Product Development for North America Distribution since January 2018 and was Senior Vice President, Development & Oversight of North America Product from 2010 to March 2023 . He is age 55 per the 2025 proxy (54 in 2024; 53 in 2023) and is an officer across the BNY Mellon fund complex (47 investment companies, 89 portfolios in 2025) . The proxy focuses on director compensation and does not disclose TSR, revenue growth, EBITDA growth, or any officer compensation metrics for Mr. Goldstein; day‑to‑day operations are conducted by Fund officers and employees of the Investment Adviser/sub‑adviser and their affiliates .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| BNY Investments | Executive Vice President, North America Product | Apr 2023 – Present | Senior leadership of product across North America |
| BNY Investments | Head of Product Development, North America Distribution | Jan 2018 – Present | Led product development for NA distribution channels |
| BNY Investments | Senior Vice President, Development & Oversight, North America Product | 2010 – Mar 2023 | Oversight of product development and governance |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| BNY Mellon Family of Funds | Officer across investment companies (47 companies, 89 portfolios as of 2025) | Ongoing (as of 2025) | Officer responsibilities across the fund complex |
Fixed Compensation
- The proxy provides director compensation tables and committee descriptions but does not disclose officer compensation (salary, bonus, equity) for Fund officers; the Compensation Committee “establishes the appropriate compensation for serving on the Board.” No officer pay details are provided in the proxy .
- As context, Fund operations are conducted by Fund officers and employees of the Investment Adviser/sub‑adviser; biographies list Mr. Goldstein’s roles at BNY Investments, reinforcing that officers are affiliated with the adviser complex rather than compensated directly by the Fund .
Performance Compensation
- No disclosure of performance-based compensation, incentive metrics (e.g., revenue growth, EBITDA, TSR), or vesting schedules for Fund officers in the proxy .
- The proxy focuses exclusively on Board compensation and governance; performance plans or payouts for officers are not presented .
Equity Ownership & Alignment
| Item | Detail |
|---|---|
| Fund shares owned (LEO Common/VMTP) | 0 shares as of April 10, 2025 (none of the Fund’s Nominees, Continuing Directors or officers owned Common or VMTP shares) |
| Ownership % of Fund | 0.00% (based on 62,290,854 Common shares outstanding) |
| Vested vs. unvested shares | Not disclosed in proxy |
| Options (exercisable/unexercisable) | Not disclosed in proxy |
| Shares pledged as collateral | Not disclosed in proxy |
| Stock ownership guidelines | Not disclosed in proxy |
| Compliance with guidelines | Not disclosed in proxy |
Employment Terms
| Term | Detail |
|---|---|
| Position with Fund | Vice President (since 2022) |
| Employment address | 240 Greenwich Street, New York, NY 10286 (address of each officer) |
| Tenure/term | Each officer holds office for an indefinite term until a successor is elected and qualified |
| Employer affiliation | Executive roles at BNY Investments (Investment Adviser complex) |
| Contract term/expiration | Not disclosed in proxy |
| Auto-renewal | Not disclosed in proxy |
| Severance/change-of-control | Not disclosed in proxy |
| Non-compete/non-solicit | Not disclosed in proxy |
| Clawbacks, tax gross-ups | Not disclosed in proxy |
| Deferred compensation/pensions | Not disclosed in proxy |
| Perquisites | Not disclosed in proxy |
Investment Implications
- Alignment: Mr. Goldstein held no Fund shares as of April 10, 2025, indicating limited direct alignment with LEO’s shareholder outcomes via personal ownership; governance emphasizes that Fund operations are run by officers and employees of the Investment Adviser/sub‑adviser .
- Compensation transparency: The proxy does not disclose officer compensation structures or performance metrics for Fund officers; compensation committee oversight pertains to Board service only, limiting pay‑for‑performance analysis on Fund officers .
- Retention risk: Career progression and senior roles within BNY Investments (SVP since 2010, Head of Product Development since 2018, EVP since 2023) suggest institutional anchoring to the adviser complex; officer terms are indefinite until successors are qualified, reducing near‑term transition risk signals .
- Trading signals: With zero reported ownership, insider selling pressure is effectively nonexistent for Mr. Goldstein; absence of disclosed equity awards/options in the proxy eliminates typical vesting‑related selling signals at the Fund level .
Note: The DEF 14A focuses on Board governance/compensation and officer biographies. It does not provide officer pay details, equity award specifics, or change‑in‑control/severance terms for Fund officers. All conclusions are constrained to disclosed proxy information .