BlackRock Credit Allocation Trust (NYSE: BTZ) details CCO reappointment
Rhea-AI Filing Summary
BLACKROCK CREDIT ALLOCATION INCOME TRUST reports the status of officer Charles Park, who serves as its Chief Compliance Officer.
The statement reports no securities holdings or transactions for him. Remarks note he previously held the CCO role from June 6, 2014 to June 30, 2023 and was reappointed effective August 1, 2026.
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Key Figures
Prior CCO term start: June 6, 2014
Prior CCO term end: June 30, 2023
Reappointment effective date: August 1, 2026
3 metrics
Prior CCO term start
June 6, 2014
Start of Charles Park’s earlier service as Chief Compliance Officer
Prior CCO term end
June 30, 2023
End of Charles Park’s earlier service as Chief Compliance Officer
Reappointment effective date
August 1, 2026
Effective date of Charles Park’s reappointment as Chief Compliance Officer
Key Terms
Chief Compliance Officer, Reporting Person, Issuer
3 terms
Chief Compliance Officer regulatory
"The Reporting Person previously served as Chief Compliance Officer of the Issuer"
The chief compliance officer is the senior executive responsible for making sure a company follows laws, industry rules and its own internal policies, acting like a safety inspector for legal and ethical risks. Investors care because effective compliance reduces the chance of fines, lawsuits, operational disruption and reputational damage, so the officer’s competence and independence can materially affect future profits and risk exposure.
Reporting Person regulatory
"The Reporting Person previously served as Chief Compliance Officer of the Issuer"
Issuer regulatory
"Chief Compliance Officer of the Issuer from June 6, 2014 to June 30, 2023"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Who is the reporting person in BLACKROCK CREDIT ALLOCATION INCOME TRUST (BTZ)'s insider report?
The reporting person is Charles Park, an officer of BLACKROCK CREDIT ALLOCATION INCOME TRUST serving as Chief Compliance Officer. The remarks section describes his earlier term in this role and his later reappointment effective August 1, 2026.
What role does Charles Park hold at BLACKROCK CREDIT ALLOCATION INCOME TRUST (BTZ)?
Charles Park serves as Chief Compliance Officer of BLACKROCK CREDIT ALLOCATION INCOME TRUST. The disclosure also explains that he previously held this CCO position for the trust before returning to the same role with an effective reappointment date of August 1, 2026.
Does the BTZ Form 3 show any securities owned or insider transactions by Charles Park?
No. The insider information shows no reportable securities holdings or transactions for Charles Park, with zero transactions and no holding entries listed. The focus of the disclosure is on his compliance officer role and related employment dates.
When did Charles Park previously serve as Chief Compliance Officer for BTZ?
Charles Park previously served as Chief Compliance Officer of BLACKROCK CREDIT ALLOCATION INCOME TRUST from June 6, 2014 to June 30, 2023. These dates are provided in the remarks outlining his earlier tenure in the same compliance role.
When is Charles Park's reappointment as CCO of BLACKROCK CREDIT ALLOCATION INCOME TRUST (BTZ) effective?
His reappointment as Chief Compliance Officer is effective on August 1, 2026. The remarks specifically state that he was reappointed to the CCO position for BLACKROCK CREDIT ALLOCATION INCOME TRUST with that effective date after his prior service ended in 2023.