Albert Laskaj
About Albert Laskaj
Albert Laskaj is Treasurer and Chief Financial Officer of Cohen & Steers Select Preferred and Income Fund, Inc. (PSF). He was appointed CFO of the Funds effective December 7, 2021, having served as Treasurer previously; he is a Senior Vice President at the Advisor (Cohen & Steers Capital Management, Inc.), which he joined in 2015 after serving as Director at Legg Mason & Co. from 2013–2015 . He was born in 1977 . As Principal Financial Officer, he signs Sarbanes‑Oxley Section 906 certifications and Rule 30a‑3/30a‑2 certifications on PSF’s Form N‑CSR, indicating responsibility for disclosure controls and internal control over financial reporting .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Cohen & Steers Capital Management, Inc. (Advisor) | Vice President | 2015–2019 | Finance leadership supporting fund administration |
| Cohen & Steers Capital Management, Inc. (Advisor) | Senior Vice President | 2019–present | Senior finance oversight for closed‑end fund complex |
| Cohen & Steers Funds (FOF, UTF, RQI, RNP, RFI, PSF, LDP, PTA, RLTY) | Treasurer; appointed Chief Financial Officer of the Funds | Treasurer before Dec 7, 2021; CFO from Dec 7, 2021 onward | CFO/Treasurer for Funds; signs N‑CSR certifications and is responsible for ICFR and disclosure controls |
| Legg Mason & Co. | Director | 2013–2015 | Director‑level finance role prior to joining Cohen & Steers |
External Roles
No public company board memberships or external directorships are disclosed for Laskaj in PSF’s proxy materials; officer listings provide principal occupations only .
Fixed Compensation
Officers of the Funds (other than the Chief Compliance Officer) do not receive compensation from the Funds or any other fund in the Cohen & Steers Fund Complex. Compensation for Independent Directors is disclosed; the Funds reimburse directors’ out‑of‑pocket expenses, and the CCO’s compensation is shown, but officer pay (including CFO) is not paid by the Funds .
| Component | Amount/Detail | Source |
|---|---|---|
| Base salary ($) | Not disclosed; officers are compensated by the Advisor, not the Fund | |
| Target bonus % | Not disclosed at Fund level | |
| Actual bonus paid ($) | Not disclosed at Fund level | |
| Perquisites | Not disclosed at Fund level | |
| Pension/SERP | Not disclosed at Fund level |
Performance Compensation
No fund‑level equity or cash incentive plans are disclosed for officers other than the CCO. As a registered investment company, PSF pays directors and the CCO; officers, including the CFO, are paid by the Advisor, and the proxy does not disclose officer incentive metrics or payouts at the Advisor level .
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not applicable at Fund level for officers | — | — | — | — | — |
Equity Ownership & Alignment
| Item | Detail | Source |
|---|---|---|
| Total beneficial ownership (shares) | Not disclosed for officers; proxy provides director dollar ranges and 5% beneficial owners (e.g., Morgan Stanley for another fund) but not officer holdings | |
| Ownership as % of shares outstanding | Not disclosed for officers | |
| Vested vs unvested shares | Not applicable; no fund‑level officer grants disclosed | |
| Options (exercisable/unexercisable) | Not disclosed; no officer option awards at Fund level | |
| Shares pledged as collateral | Not disclosed | |
| Stock ownership guidelines | Not disclosed for officers; applies to directors | |
| Section 16 filings (Form 3/4/5) | No Form 3/4/5 filings found for “Albert Laskaj” in PSF search | [SearchDocuments: “No information found”] |
Employment Terms
| Term | Detail | Source |
|---|---|---|
| Employment start date | Joined Advisor in 2015 (serves as Fund officer via Advisor) | |
| CFO appointment date | Effective December 7, 2021 | |
| Contract term / expiration | Not disclosed at Fund level (officers compensated/employed by Advisor) | |
| Severance provisions | Not disclosed at Fund level | |
| Change‑of‑control terms | Not disclosed at Fund level | |
| Clawback provisions | Not disclosed at Fund level | |
| Non‑compete / non‑solicit | Not disclosed at Fund level | |
| Garden leave / consulting | Not disclosed at Fund level |
Investment Implications
- Pay‑for‑performance signals at the Fund level are limited for Laskaj: officers other than the CCO do not receive Fund compensation, and no Fund‑level equity awards or options are disclosed for officers—reducing direct insider selling pressure tied to vesting and minimizing Fund‑level compensation alignment analysis; any incentives would be at the Advisor level and are not disclosed in the Fund proxy .
- Governance and execution: As CFO/Treasurer, Laskaj signs N‑CSR certifications attesting to the effectiveness of disclosure controls and ICFR, supporting operational and reporting discipline for PSF; his December 2021 CFO appointment indicates continuity in finance leadership across the closed‑end fund complex .
- Ownership alignment: Officer share ownership, pledging, and Section 16 trading signals are not disclosed for Laskaj in PSF documents, limiting visibility into “skin‑in‑the‑game” and hedging/pledging risks at the Fund level [SearchDocuments: “No information found”].
- Retention risk and severance economics cannot be assessed from Fund disclosures; terms would reside with the Advisor (Cohen & Steers Capital Management, Inc.) and are not covered by PSF’s proxy statements .