Stayce D. Harris
About Stayce D. Harris
Stayce D. Harris (year of birth: 1959) serves as an Independent Director of BlackRock MuniYield Pennsylvania Quality Fund (MPA), with board service since 2021. Her background includes senior leadership roles in the U.S. Air Force (Lieutenant General; Inspector General; Assistant Vice Chief of Staff/Director, Air Staff) and a 30-year commercial aviation career as a pilot at United Airlines. Public company board experience includes The Boeing Company and KULR Technology Group, Inc.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| U.S. Air Force | Inspector General | 2017–2019 | Senior oversight and compliance leadership |
| U.S. Air Force | Assistant Vice Chief of Staff; Director, Air Staff | 2016–2017 | Enterprise operations and staff leadership |
| U.S. Air Force (AFRC) | Major General; Commander, 22nd Air Force (Dobbins ARB, GA) | 2014–2016 | Command leadership across AFRC mission sets |
| United Airlines | Pilot | 1990–2020 | Operational aviation and safety experience |
External Roles
| Organization | Role | Tenure/Notes |
|---|---|---|
| The Boeing Company | Director | Public company directorship; aerospace industry exposure |
| KULR Technology Group, Inc. | Director | Noted in 2021; energy storage/thermal management domain |
Board Governance
- Board size and independence: MPA’s board consists of ten members, eight of whom are independent under the Investment Company Act; Harris is not listed among the “Interested Directors,” supporting her independent status.
- Board leadership: R. Glenn Hubbard is Chair of the Board (since 2022); W. Carl Kester serves as Vice Chair (since 2022).
- Committee memberships, chair roles, attendance: Not disclosed in this DEF 14A, which is focused on reorganization proposals rather than governance rosters.
Fixed Compensation
- Non-Employee Director retainer, committee fees, meeting fees: Not disclosed in this DEF 14A. Closed-end fund special meeting proxies often omit director pay tables.
Performance Compensation
- Equity awards (RSUs/DSUs/PSUs), options, performance metrics, vesting, clawbacks, change-in-control, tax gross-ups: Not disclosed in this DEF 14A.
Other Directorships & Interlocks
| Company | Role | Potential Interlock/Notes |
|---|---|---|
| The Boeing Company | Director | No related-party transactions or affiliate securities ownership indicated for independent board members over the last two calendar years. |
| KULR Technology Group, Inc. | Director | As above; no affiliate transactions or holdings indicated. |
As of July 31, 2025, none of the Independent Board Members or their immediate family members owned beneficially or of record any securities of BlackRock or any affiliate or underwriter or any person controlling, controlled by or under common control with such entities, nor did any have any material interest in any transaction during the last two calendar years.
Expertise & Qualifications
- Senior military oversight (Inspector General) and large-scale organizational leadership (Assistant Vice Chief of Staff/Director, Air Staff) underpin governance, compliance, and risk-mitigation expertise relevant to closed-end fund oversight.
- Long-tenured commercial aviation operations experience contributes to disciplined operational judgment and safety culture perspectives.
- Public company board service enhances external governance perspective and investor relations insight.
Equity Ownership
| Holding Category | Amount/Range |
|---|---|
| Aggregate Dollar Range of Common Shares in MPA | None |
| Aggregate Dollar Range of Common Shares in BKN | $1–$10,000 |
| Aggregate Dollar Range of Common Shares in MYD | $1–$10,000 |
| Aggregate Dollar Range of Common Shares in MQT | $1–$10,000 |
| Aggregate Dollar Range of Common Shares in BHV | None |
| Aggregate Dollar Range of Common Shares in Acquiring Fund (MQY) | $1–$10,000 |
| Aggregate Dollar Range in “Supervised Funds” (complex-wide, incl. share equivalents under the deferred plan) | Over $100,000 |
- 5% holders context: Wells Fargo & Company held 670,599 MPA common shares (5.20%) as of the record date; officers and Board Members, as a group, owned less than 1% of MPA common shares. This underscores limited director-level direct holdings in the specific fund.
Governance Assessment
- Independence and conflicts: Harris is independent (not an “Interested Director”), and disclosures indicate no related-party transactions or affiliate security holdings—positive for conflict risk mitigation.
- Engagement signals: Board service since 2021 provides continuity through the reorganization process; however, meeting attendance details are not provided in this proxy.
- Ownership alignment: A red flag for fund-specific alignment is the absence of direct MPA share ownership (None), although Harris holds across the complex and can own share equivalents via the deferred compensation plan, with aggregate complex holdings “Over $100,000,” partially offsetting alignment concerns at the complex level.
- Committee effectiveness: The proxy does not disclose committee assignments or chair roles, limiting assessment of Harris’s functional influence on audit/governance/compensation matters.
- Shareholder confidence indicators: The board unanimously recommends the reorganization proposals (economies of scale, expense efficiencies, improved yield/trading), indicating cohesive board strategy during structural change, though this is fund-level and not director-specific performance disclosure.
Red Flags
- No direct MPA ownership (None), potentially viewed as weaker fund-specific skin-in-the-game despite complex-wide holdings and deferred plan share equivalents.
- Lack of disclosed committee assignments/attendance inhibits evaluation of board effectiveness and individual oversight contributions.
Net View
- Independence and clean related-party posture support governance quality; fund-specific ownership is a gap to monitor, while complex-level holdings and extensive oversight background mitigate some alignment concerns. Continued monitoring of future proxy statements for committee roles, attendance, and director compensation detail is warranted to fully assess board effectiveness and incentives.