James Giallanza
About James Giallanza
James Giallanza is President and Chief Executive Officer of the Cohen & Steers Funds, including PSF, and was born in 1966; he joined Cohen & Steers Capital Management (the Advisor) in 2006, became Executive Vice President in 2014, and previously served as Senior Vice President from 2006–2013 . Earlier filings show he served as Treasurer and Principal Financial Officer of PSF, signing fund reports in 2015 and 2016 .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Cohen & Steers Funds (Fund Complex, incl. PSF) | President & Chief Executive Officer | Current (as of 2025) | Principal executive leadership of the Funds |
| Cohen & Steers Capital Management, Inc. (Advisor) | Executive Vice President | 2014–present | Senior leadership at the Advisor to the Funds |
| Cohen & Steers Capital Management, Inc. (Advisor) | Senior Vice President | 2006–2013 | Management role prior to EVP promotion |
| Cohen & Steers Select Preferred & Income Fund, Inc. (PSF) | Treasurer & Principal Financial Officer | 2015–2016 (signatory dates) | Treasury and principal financial oversight (signatory) |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| No external roles disclosed in the PSF proxy/officer listings reviewed | — | — | — |
Fixed Compensation
| Component | Amount | Source/Notes |
|---|---|---|
| Compensation from PSF (and Fund Complex) to Officers (ex-CCO) | $0 | Officers of the Funds, other than the Chief Compliance Officer, do not receive any compensation from the Funds or any other fund in the complex . |
| Auditor non-audit fees allocated to PSF (context; not officer pay) | $6,427 (2024), $6,427 (2023) | PwC non-audit services fees allocated by fund; not compensation to officers . |
Performance Compensation
- No fund-level incentive, RSU, PSU, or option awards are disclosed for Fund officers; compensation for officers is not paid by PSF and is not detailed in PSF’s proxy (officers are Advisor employees) .
Equity Ownership & Alignment
| Item | Detail |
|---|---|
| PSF shares outstanding (record date for 2025 annual meeting) | 12,028,187 |
| Section 16 filings for Giallanza | No Form 3/4/5 for James Giallanza were identified in the PSF document set searched (DEF 14A and Section 16 indices reviewed); other insiders filed routinely (examples shown for directors and officers) . |
| Implications for alignment (PSF) | Fund filings do not evidence PSF share ownership by Giallanza; alignment likely operates via Advisor compensation programs, not fund equity grants . |
Employment Terms
- Officer address: c/o Cohen & Steers Funds, 1166 Avenue of the Americas, 30th Floor, New York, NY 10036 (standard for fund officers) .
- No employment contracts, severance, change-of-control, ownership guidelines, pledging/hedging, or clawback terms are disclosed for Fund officers in PSF’s proxy; officers are Advisor employees and such terms are not part of fund disclosures .
Investment Implications
- Pay-for-performance visibility at the fund level is limited: PSF does not compensate its officers (except CCO), and the proxy does not disclose Advisor-level pay structures or performance metrics for Giallanza, constraining assessment of direct incentive alignment to PSF outcomes .
- Equity alignment via PSF shares is not evidenced: we did not locate Section 16 ownership filings for Giallanza in PSF documents, whereas other insiders routinely file; this suggests any PSF holdings by Giallanza, if any, are below reporting thresholds or not present in fund filings .
- Retention and execution risk must be inferred from tenure: long-standing roles (SVP since 2006, EVP since 2014, current President & CEO of the Funds) indicate continuity of leadership across the Cohen & Steers complex, but without Advisor-level compensation and vesting disclosure, analysis of retention levers and potential insider selling pressure is not possible from fund documents alone .