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Aaron Wasserman

Chief Compliance Officer at BLACKROCK MUNIYIELD MICHIGAN QUALITY FUND
Executive

About Aaron Wasserman

Aaron Wasserman (year of birth: 1974) serves as Chief Compliance Officer (CCO) of MIY and other BlackRock-advised funds, having assumed the CCO role in 2023; he has been a Managing Director at BlackRock, Inc. since 2018 and previously served as Deputy Chief Compliance Officer for BlackRock-advised funds from 2014 to 2023 . Officers of the Funds serve at the pleasure of the Board and the address for each executive officer is c/o BlackRock, Inc., 50 Hudson Yards, New York, NY 10001 . With the exception of the CCO, executive officers receive no compensation from the Funds; the Acquiring Fund compensates the CCO for his services as its CCO .

Past Roles

OrganizationRoleYearsStrategic Impact / Scope
BlackRock-Advised Funds (Multi-Asset Complex, Fixed-Income Complex, iShares Complex)Chief Compliance OfficerSince 2023Senior compliance leadership across BlackRock-advised fund complexes
BlackRock, Inc.Managing DirectorSince 2018Senior firm leadership position at BlackRock
BlackRock-Advised Funds (Multi-Asset, Fixed-Income, iShares)Deputy Chief Compliance Officer2014–2023Deputy compliance leadership across BlackRock-advised fund complexes

Fixed Compensation

  • Executive officers (other than the CCO) receive no compensation from the Funds; the Acquiring Fund compensates the CCO for his services as its CCO .

Employment Terms

TermDetail
TitleChief Compliance Officer (since 2023)
Service TermsOfficers of the Funds serve at the pleasure of the Board
Compensation SourceAcquiring Fund compensates the CCO for his services as its CCO
Contact/Addressc/o BlackRock, Inc., 50 Hudson Yards, New York, NY 10001

Investment Implications

  • Pay-for-performance linkage to MIY-specific metrics is not disclosed for the CCO; the only compensation statement is that the Acquiring Fund compensates the CCO, with no salary/bonus/equity detail provided in the DEF 14A, limiting analysis of incentive alignment, vesting schedules, or insider selling pressure based on fund disclosures .
  • Governance and retention: role and tenure indicate continuity in compliance leadership across the BlackRock fund complexes (Deputy CCO 2014–2023; CCO since 2023), suggesting institutional continuity; however, without disclosed employment term, severance, or change-of-control economics at the fund level, contractual retention levers cannot be assessed from the proxy .
  • Trading signals: absence of disclosed equity ownership, pledging, or incentive award structures at the MIY fund level for the CCO means traditional insider-alignment and selling-pressure indicators are not available from the DEF 14A; monitoring future 8-K Item 5.02 filings would be required for any changes in role or compensation terms .