People: Reaves Utility Income Fund (UTG)

UTG on American Stock Exchange

28.53USD
24 Apr 2014
Price Change (% chg)

$-0.06 (-0.21%)
Prev Close
$28.59
Open
$28.55
Day's High
$28.61
Day's Low
$28.46
Volume
61,120
Avg. Vol
79,791
52-wk High
$29.09
52-wk Low
$23.54

Search Stocks

Summary

Name Age Since Current Position

Jeremy May

2010 Chairman of the Board of Trustee, President

Ted Uhl

38 2010 Chief Compliance Officer

Lauren Johnson

32 2010 Treasurer

J. Tison Cory

44 2008 Secretary

Mary Anstine

72 2004 Independent Trustee

Jeremy Deems

37 2008 Independent Trustee

Michael Holland

70 2004 Independent Trustee

Edgar Nordberg

74 2012 Independent Trustee

Larry Papasan

72 2004 Independent Trustee

Biographies

Name Description

Jeremy May

Mr. Jeremy O. May is Chairman of the Board of Trustee, President of Reaves Utility Income Fund. Mr. May joined ALPS in 1995 and is currently President and Director of ALPS and Director and Executive Vice President of ALPS Holdings Inc. (“AHI”), ALPS Advisors, Inc. (“AAI”), ALPS Distributors, Inc. (“ADI”) and ALPS Portfolio Solutions Distributor, Inc. (“APS”) Because of his positions with ALPS, AHI, AAI, ADI and APS, Mr. May is deemed an affiliate of the Trust as defined under the 1940 Act. Mr. May is also the Treasurer of the Liberty All-Star Equity Fund, Liberty All-Star Growth Fund, Inc., Clough Global Allocation Fund, Clough Global Equity Fund, Clough Global Opportunities Fund, Financial Investors Trust and Financial Investors Variable Insurance Trust.

Ted Uhl

Mr. Ted J. Uhl is Chief Compliance Officer of REAVES UTILITY INCOME FUND. Mr. Uhl joined ALPS in October 2006, and is currently Deputy Chief Compliance Officer of ALPS. Prior to his current role, Mr. Uhl served as Senior Risk Manager for ALPS from October 2006 until June 2010. Because of his position with ALPS, Mr. Uhl is deemed an affiliate of the Trust as defined under the 1940 Act. Mr. Uhl also serves as Chief Compliance Officer of Clough Global Allocation Fund, Clough Global Equity Fund and Clough Global Opportunities Fund, Cook & Bynum Fund, Financial Investor Trust and Transparent Value Trust.

Lauren Johnson

Ms. Lauren E. Johnson is Treasurer of Reaves Utility Income Fund. Ms. Johnson is Assistant Vice President of ALPS, and joined in September 2005 as a Trust Controller. Because of her position with ALPS, Ms. Johnson is deemed an affiliate of the Trust as defined under the 1940 Act. Ms. Johnson is Assistant Treasurer for the Caldwell & Orkin Market Opportunity Fund. Ms. Johnson was formerly the Assistant Treasurer of the Clough Global Allocation Fund, Clough Global Equity Fund, and Clough Global Opportunities Fund.

J. Tison Cory

Mr. J. Tison Cory is Secretary of Reaves Utility Income Fund. Mr. Cory joined ALPS in 2005 as a Senior Paralegal. Mr. Cory is also currently an Adjunct Professor at Metropolitan State College of Denver (2000-present). Because of his position with ALPS, Mr. Cory is deemed an affiliate of the Trust as defined under the 1940 Act. Mr. Cory is Assistant Secretary for the RiverNorth Funds.

Mary Anstine

Ms. Mary K. Anstine is Independent Trustee of Reaves Utility Income Fund. Ms. Anstine was President and Chief Executive Officer of HealthOne Alliance in Denver Colorado from 1995 to 2004. Ms. Anstine has also served in various executive positions with several philanthropic organizations such as the AV Hunter Trust, Colorado Uplift Board, Denver Area Council of the Boy Scouts of America and Denver Area Council of the Girl Scouts of America. Prior to that, Ms. Anstine was an Executive Vice President of First Interstate Bank of Denver, Colorado and formerly a Director of Trust Bank of Colorado (now known as Northern Trust Bank). In addition, Ms. Anstine served on the Executive Committee of the American Bankers Association. Ms. Anstine is currently a Trustee of ALPS ETF Funds, Financial Investors Variable Insurance Trust, Westcore Funds. Ms. Anstine has served as Trustee for the Trust since its inception. Ms. Anstine also served as a member of the Audit Committee and Nominating and Corporate Governance Committee since their inception. Ms. Anstine has further enhanced her experience and skills, in conjunction with the other Trustees, through the Board’s oversight of the Trust’s officers in dealing with a diverse range of topics, to include but not limited to, portfolio management, legal and regulatory matters, compliance oversight, preparation of financial statements and oversight of the Trust’s multiple service providers. The Board of Trustees, in its judgment of Ms. Anstine’s professional experience in management and oversight of a variety corporate and non-profit organization and as Trustees of several other investment companies with diverse product lines, believes Ms. Anstine contributes a seasoned perspective to the Board that warrants her continued selection as a nominee to be a Trustee.

Jeremy Deems

Mr. Jeremy W. Deems is Independent Trustee of Reaves Utility Income Fund. Mr. Deems is currently Co-Founder and Chief Financial Officer of Green Alpha Advisors, LLC an investment management firm. Mr. Deems was formerly the Chief Financial Officer and Treasurer of Forward Management, LLC, an investment management firm, ReFlow Management Co., LLC, a liquidity resourcing company, and ReFlow Fund, LLC, a private investment fund. Mr. Deems was also Chief Financial Officer and Treasurer of Sutton Place Management, LLC and administrative services company from 2004 and 2007. Prior to that, Mr. Deems served as Controller of Forward Management, LLC, ReFlow Management Co., LLC, ReFlow Fund, LLC and Sutton Place Management, LLC. Mr. Deems currently serves as Trustee of ALPS ETF Trust, Financial Investors Variable Trust. In addition, Mr. Deems has earned a Certified Public Accountant license. Mr. Deems has been a Trustee since 2008 for the Trust. Mr. Deems also served as a Chairman of the Audit Committee and as a member of the Nominating and Corporate Governance Committee during his Trust tenure. Mr. Deems has further enhanced his experience and skills, in conjunction with the other Trustees, through the Board’s oversight of the Trust officers in dealing with a diverse range of topics, to include but not limited to, portfolio management, legal and regulatory matters, compliance oversight, preparation of financial statements and oversight of the Trust’s multiple service providers. The Board of Trustees, in its judgment of Mr. Deems’ professional experience in management and oversight of firms specializing in financial services and as Trustees of several other investment companies with diverse product lines, believes Mr. Deems contributes an experience in investment company operations and accounting oversight to the Board that warrants his continued selection as a nominee to be a Trustee.

Michael Holland

Mr. Michael F. Holland is Independent Trustee of Reaves Utility Income Fund. Mr. Holland is currently the Chairman of Holland & Company, an investment management firm, since 1995 and has over 40 years of experience in the financial services industry. Mr. Holland also currently serves as Chairman and Trustee of the State Street Master Funds, Director of the Holland Series Funds, Inc., and as Trustee of the Blackstone/GSO Senior Floating Rate Term Fund, the China Fund, Inc., the Taiwan Fund, Inc. and Scottish Widows Emerging Market Fund. Mr. Holland began his career at J.P. Morgan in 1968 spending twelve years managing both equity and fixed income assets for institutional clients and high net worth individuals. He also served as Chief Executive Officer of First Boston Asset Management in the early 1980’s and later served as Chairman of Salomon Brothers Asset Management. He has also been a General Partner of the Blackstone Group, Chief Executive Officer of Blackstone Alternative Asset Management and a former Vice Chairman of Oppenheimer & Co., Inc. Mr. Holland has served as Trustee for the Trust since its inception. Mr. Holland has also served as a member of the Audit Committee and Nominating and Corporate Governance Committee for the Trust since their inception. Mr. Holland has further enhanced his experience and skills, in conjunction with the other Trustees, through the Board’s oversight of the Trust officers in dealing with a diverse range of topics, to include but not limited to, portfolio management, legal and regulatory matters, compliance oversight, preparation of financial statements and oversight of the Trust’s multiple service providers. The Board of Trustees, in its judgment of Mr. Holland’s professional experience in efficient and effective operations of an investment adviser and oversight of closed-end investment companies, believes Mr. Holland contributes a of industry experience in investment company operations that warrants his continued selection as a nominee to be a Trustee.

Edgar Nordberg

Mr. E. Wayne Nordberg is Independent Trustee of Reaves Utility Income Fund. Mr. Nordberg is currently the Chairman and Chief Investment Officer of Hollow Brook Wealth Management, LLC, a private investment management firm. Mr. Nordberg was formerly a Senior Director at Ingalls & Snyder LLC, a privately owned registered investment advisor.

Larry Papasan

Mr. Larry W. Papasan is Independent Trustee of Reaves Utility Income Fund. Mr. Papasan is currently a Trustee or Director of BioMimetics Therapeutics, Inc., Mimedx, Inc. AxioMed Spine, Bio Medical Tissues Technologies, and Cagenix, Inc., each a medical services company. Mr. Papasan is also currently a Trustee or Director of SSR Engineering and Triumph Bankshares, Inc. Mr. Papasan was a former Trustee of First Funds mutual fund complex from 1992 to 2005, Chairman and President of Smith & Nephew, Inc. from 1991 to 2002 and President of Memphis Light Gas and Water Division during his 28 year tenure. Mr. Papasan has further enhanced his experience and skills, in conjunction with the other Trustees, through the Board’s ongoing oversight of the Trust officers in dealing with a diverse range of topics, to include but not limited to, portfolio management, legal and regulatory matters, compliance oversight, preparation of financial statements and oversight of the Trust’s multiple service providers. Mr. Papasan has served as Trustee for the Trust since its inception. Mr. Papasan has also served as a member of the Audit Committee and the Nominating and Corporate Governance Committee for the Trust since their inception. The Board of Trustees, in its consideration of Mr. Papasan’s nearly 40 years of professional experience in a variety of senior management positions in a diverse group of industries at numerous stages of the corporate lifecycle, believes Mr. Papasan’s experiences complements the professional composition of the current Board Members and warrants his continued selection as a nominee to be a Trustee.

Basic Compensation

Options Compensation

Search Stocks