Drew Bowden
About Drew Bowden
Drew Bowden (born 1961) serves as Executive Vice President, General Counsel, and Secretary to TCW Strategic Income Fund, Inc. (TSI) via the TCW Advisor platform; he has held the EVP/GC/Secretary role since September 2023 and expanded responsibilities across TCW affiliates and fund entities in September 2024 . Prior roles include Chief Operating Officer at Western Asset Management (Aug 2021–Sept 2023) and senior legal leadership at Jackson Financial Inc. (2015–2021) . TSI’s proxy does not disclose education credentials, executive compensation metrics, or pay-versus-performance outcomes; fund-level TSR, revenue, or EBITDA metrics tied to Bowden are not reported in the TSI proxies .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Western Asset Management Company | Chief Operating Officer | Aug 2021 – Sept 2023 | Not disclosed |
| Jackson Financial Inc. | Executive Vice President & General Counsel | Mar 2020 – Feb 2021 | Not disclosed |
| Jackson Financial Inc. | Senior Vice President & General Counsel | May 2015 – Mar 2020 | Not disclosed |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| TCW Investment Management Company LLC (Advisor) and TCW affiliates (Metropolitan West Asset Management LLC; The TCW Group, Inc.; TCW Asset Management Company LLC; TCW LLC; TCW Asset Backed Finance Management Company LLC) | Executive Vice President, General Counsel, and Secretary | Since Sept 2023; TCW Asset Backed Finance Mgmt Co LLC since Sept 2024 | Legal and corporate secretary leadership across TCW platform |
| TCW Metropolitan West Funds; TCW ETF Trust; TCW Funds, Inc.; TCW Private Asset Income Fund | Executive Vice President | Since 2023; TCW Private Asset Income Fund since Sept 2024 | Fund complex executive roles |
Fixed Compensation
- Officers and directors employed by the Advisor or an affiliated company receive no compensation or expense reimbursement from TSI .
- TSI’s proxies do not disclose Bowden’s base salary, target bonus, or cash compensation paid by the Advisor (TCW) .
Performance Compensation
- The TSI proxies do not disclose any RSU/PSU grants, option awards, vesting schedules, performance metrics, or payout formulas for Bowden at the Advisor level; no executive “Summary Compensation Table” appears in TSI’s filings .
Equity Ownership & Alignment
| Metric | Value | Date | Notes |
|---|---|---|---|
| Shares beneficially owned (TSI common) | None | Record date: July 31, 2025 | Listed as “None” in the proxy’s officer table |
| Percent of shares outstanding | Less than 1% (group) | As of July 31, 2025 | All directors and executive officers as a group owned <1%; Bowden individually shows “None” |
| Section 16(a) filing compliance | Timely | FY 2024 | Company states all required reports timely, except delayed Form 3s for two new directors (King, Swell) |
| Shares pledged/hedged | Not disclosed | — | No pledging/hedging disclosure specific to executives found in TSI proxy |
Employment Terms
| Term | Disclosed? | Notes |
|---|---|---|
| Employment agreement (Advisor) | Not disclosed by TSI | Bowden is employed by the Advisor; TSI does not report Advisor-level contracts |
| Severance provisions | Not disclosed by TSI | No golden parachute/severance terms in TSI proxy |
| Change-of-control triggers | Not disclosed by TSI | No single/double-trigger details disclosed |
| Clawback policy | Not disclosed by TSI | TSI reports a Code of Ethics and Corporate Governance Guidelines but does not detail executive compensation clawbacks |
| Ownership guidelines | Not disclosed by TSI | No executive ownership guideline disclosure in TSI proxy |
| Non-compete / non-solicit | Not disclosed by TSI | No employment restrictive covenants disclosed |
Investment Implications
- Pay-for-performance visibility is low: TSI pays no compensation to Advisor-employed officers; Bowden’s cash/equity incentives, performance metrics, and vesting schedules (if any) sit at the TCW Advisor level and are not disclosed in TSI filings, limiting alignment analysis from the fund’s public documents .
- Insider selling pressure appears minimal at the fund: Bowden held no TSI shares as of July 31, 2025, so there is no immediate overhang from personal share sales; Section 16 reporting was timely in 2024 except for two new directors, with no Bowden-specific issues noted .
- Retention risk is Advisor-centric: Without employment agreement or severance/change-of-control disclosure in TSI documents, retention and economics depend on TCW’s internal policies and contracts, not the fund; monitoring Advisor-level disclosures is critical for evaluating tenure and incentives .
- Governance and compliance posture: The presence of corporate governance guidelines and a code of ethics is positive for fund oversight; however, the lack of executive compensation detail at the fund level reduces transparency into incentive alignment and potential red flags (clawbacks, hedging/pledging, tax gross-ups) .