Roberto Mazzeo
About Roberto Mazzeo
Roberto G. Mazzeo is Assistant Treasurer of BNY Mellon Strategic Municipals, Inc. (LEO) since 2024; age 44. His principal occupation is Financial Reporting Manager – BNY Fund Administration, and he serves as an officer across the BNY Mellon Family of Funds (48 investment companies/106 portfolios in the April 2025 proxy; 47 investment companies/103 portfolios in the September 2025 proxy). Officers hold office for an indefinite term until a successor is elected and qualified; the officers’ address is 240 Greenwich Street, New York, NY 10286. The proxy focuses on Board elections and director compensation, and does not disclose officer TSR or revenue/EBITDA performance metrics tied to compensation.
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| BNY Mellon Strategic Municipals, Inc. (LEO) | Assistant Treasurer | 2024–present | Fund officer supporting treasury/financial reporting; also officer across the BNY Mellon Family of Funds (48/106 portfolios in Apr-2025; 47/103 in Sep-2025) |
| BNY Fund Administration | Financial Reporting Manager | Past five years (as disclosed) | Responsible for financial reporting oversight within BNY Fund Administration, supporting multiple registered investment companies |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| None disclosed in LEO’s proxy for Mazzeo | – | – | – |
Fixed Compensation
- The proxy provides detailed director compensation tables and meeting attendance but does not disclose officer salary, bonus, or other pay details (Mazzeo is listed as an officer; only director compensation is shown).
- The Fund states for directors there is no bonus, pension, profit-sharing or retirement plan; this disclosure pertains to Board compensation, not officers.
Performance Compensation
- No disclosure of officer performance-based incentives (RSUs/PSUs/options), metrics, targets, payouts, vesting schedules, or clawbacks for Mazzeo in the proxy. The compensation content is limited to directors.
Equity Ownership & Alignment
As-of dates are presented to show snapshots of beneficial ownership status:
| Metric | As of Apr 10, 2025 | As of Aug 22, 2025 |
|---|---|---|
| Common Stock owned (shares) | 0 (none owned by officers) | 0 (none owned by officers) |
| VMTP Shares owned (shares) | 0 (none owned by officers) | 0 (none owned by officers) |
| Ownership % of class | 0.00% | 0.00% |
- Pledging/hedging: No pledging or hedging by Mazzeo is disclosed; officer share ownership is reported as none.
- Stock ownership guidelines/compliance: Not disclosed for officers in the proxy.
Employment Terms
- Role/tenure: Assistant Treasurer since 2024; officers hold office for an indefinite term until a successor is elected and qualified.
- Address: 240 Greenwich Street, New York, NY 10286.
- Contracts/severance/change-of-control: No employment agreements, severance provisions, change-of-control terms, or tax gross-ups disclosed for officers.
- Section 16(a) compliance: A Form 3 for Lisa M. King and Roberto G. Mazzeo was not filed on a timely basis due to administrative oversight (reported in the September 2025 proxy for the fiscal year ended 2024).
Section 16(a) Delinquency Detail
| Filing Type | Individual | Timing/Issue | Note |
|---|---|---|---|
| Form 3 | Roberto G. Mazzeo (officer) | Not filed timely for BNYMSMB/BNYMSM | Administrative oversight, disclosed in 2025 proxy |
Investment Implications
- Alignment: With no reported fund share ownership and no disclosed officer equity awards, equity-alignment “skin-in-the-game” appears limited for Mazzeo; therefore, insider selling pressure and vesting overhang are not present based on disclosures.
- Pay-for-performance visibility: The absence of officer compensation detail and performance metrics impairs pay-for-performance analysis and limits signals from incentive design (no RSU/PSU/option data, no metric targets/weights/payouts).
- Governance/compliance: The administrative oversight leading to a late Form 3 filing is a minor governance red flag; however, it does not indicate trading activity or economic exposure given zero reported holdings. Continued monitoring of Section 16 compliance is prudent.
- Retention risk: No employment contracts, severance, or change-of-control economics are disclosed for officers, limiting visibility into retention protections or potential exit costs.
Overall, Mazzeo’s role is operational (financial reporting/Treasury support) with no disclosed compensation incentives or fund share ownership; governance monitoring should focus on Section 16 adherence, while investment signals from compensation/ownership are minimal based on current disclosures.