David J. Lamb
Chief Administrative Officer (Principal Executive Officer) at Nuveen S&P 500 BuyWrite Income Fund
Executive
About David J. Lamb
David J. Lamb is Chief Administrative Officer (Principal Executive Officer) of Nuveen S&P 500 Buy‑Write Income Fund (BXMX). He has served as an officer of the Fund since 2015 and was born in 1963; his business address is 333 West Wacker Drive, Chicago, IL 60606 . The Fund’s filings confirm he actively serves as CAO, signing the 2025 Form N‑PX on August 14, 2025 . As a registered investment company, BXMX discloses that officers receive no compensation from the Fund (compensation for the CCO is paid by the adviser with partial reimbursement), and officer pay‑for‑performance details are not provided at the Fund level . Officers are elected by the Board to serve until successors are elected and qualified, with a term shown as “indefinite” for Lamb .
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| Nuveen | Senior Managing Director; formerly Managing Director (2017–2021); Senior Vice President (2006–2017) | SVP 2006–2017; MD 2017–2021; Senior MD since 2021 | Executive leadership roles across Nuveen entities supporting fund governance and administration . |
| Nuveen Securities, LLC | Senior Managing Director (since 2021); formerly Managing Director (2020–2021) | 2020–present | Senior leadership at the distribution affiliate, aligning fund operations and distribution oversight . |
| Nuveen Fund Advisors, LLC | Managing Director (since 2019) | 2019–present | Senior leadership at the adviser to Nuveen funds, contributing to complex‑wide operating model and oversight . |
| Nuveen S&P 500 Buy‑Write Income Fund | Chief Administrative Officer (Principal Executive Officer) | Since 2015 | Principal executive responsible for overall management and SEC registrations under Board oversight . |
External Roles
- Not disclosed in BXMX filings for David J. Lamb .
Fixed Compensation
- Officers receive no compensation from the Fund; the Funds have no employees. The CCO’s compensation is paid by the Adviser, with the Funds reimbursing an allocable portion of the Adviser’s cost of the CCO’s incentive compensation (does not enumerate CAO pay) .
| Component | Structure | Source/Payor | Disclosure status |
|---|---|---|---|
| Fund-paid salary | None (officers receive no compensation from the Fund) | Not paid by Fund | Disclosed in proxy . |
| Fund-paid bonus | None | Not paid by Fund | Disclosed in proxy . |
| Adviser-paid officer comp | Not detailed for CAO in Fund filings | Adviser (Nuveen) | Not disclosed in Fund filings . |
Performance Compensation
- Performance metrics, targets, and payouts for the CAO are not disclosed at the Fund level; any such incentives would be determined by the Adviser and are not itemized in BXMX filings .
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not disclosed | — | — | — | — | — |
Equity Ownership & Alignment
| Item | Detail | As-of date |
|---|---|---|
| Individual officer ownership (Lamb) | Not individually disclosed in Fund filings | — |
| Officers as a group | Board Members and executive officers as a group beneficially owned less than 1% of outstanding shares of each Fund | Feb 18, 2025 |
| Each Board Member’s holdings | Each Board Member’s individual beneficial shareholdings constituted less than 1% of the outstanding shares of the Fund | Feb 18, 2025 |
| Shares pledged/hedged | Not disclosed in Fund filings | — |
Note: Appendix A in the proxy provides dollar ranges and fund‑level share counts for Board Members and officers as a group; it does not break out individual officer holdings for BXMX .
Employment Terms
| Term | Provision |
|---|---|
| Title/role | Chief Administrative Officer (Principal Executive Officer) |
| Length of service | Since 2015; term: “Indefinite” |
| Election | Officers are elected by the Board (annual basis) to serve until successors are elected and qualified |
| Authority/duties | CAO is the chief executive and operating officer with general management and control of the Fund’s business; authorized to execute registrations and related SEC documents; powers/duties akin to president under Declaration of Trust |
| Removal | CAO may be removed at any time, with or without cause, by majority of Trustees present at a duly convened meeting |
| Resignation | May resign by written notice; effective upon specified time or receipt |
| Vacancies | CAO vacancy may be filled by Trustees |
| Address | 333 West Wacker Drive, Chicago, IL 60606 |
| Evidence of current role | Signed BXMX Form N‑PX as CAO on 08/14/2025 |
Investment Implications
- Alignment and selling pressure: Fund filings show officers and Board Members as a group own less than 1% of outstanding shares, implying limited fund‑level insider selling pressure and modest direct equity alignment at the Fund entity; alignment for officers likely occurs via Nuveen/TIAA compensation frameworks rather than BXMX equity ownership .
- Pay‑for‑performance transparency: The Fund does not disclose CAO compensation structure, performance metrics, or vesting schedules because officers are paid by the Adviser; this limits visibility into incentive levers such as TSR, revenue, or EBITDA metrics from a Fund‑level perspective .
- Governance and continuity: The CAO role carries broad operating authority under the Fund’s by‑laws, with appointment/removal controlled by the Board; Lamb’s decade‑long tenure (since 2015) and recent regulatory signatory activity (2025 N‑PX) indicate continuity of executive administration .
- Retention risk locus: Because economics for officers are set at the Adviser level, retention risk is more a function of Nuveen/TIAA policies and incentives than Fund‑specific contracts; no change‑in‑control, severance, or clawback terms for the CAO are disclosed in Fund filings .