Tina M. Lazar
About Tina M. Lazar
Tina M. Lazar serves as Vice President of the Nuveen S&P 500 Buy‑Write Income Fund (BXMX) with an indefinite term and has served since 2002; her principal occupation for the past five years is Managing Director of Nuveen Securities, LLC (year of birth: 1961) . Fund filings state officers serve without any compensation from the Fund; the CCO is paid by the Adviser (Nuveen/TIAA) with partial reimbursement of incentive compensation, and no officer-specific performance metrics are disclosed in fund documents . As of February 18, 2025, Board Members and executive officers as a group beneficially owned less than 1% of outstanding shares of each Fund; BXMX provides group share counts but does not disclose individual officer holdings .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen S&P 500 Buy‑Write Income Fund (BXMX) | Vice President | Since 2002 | Officer role disclosed; no narrative impact provided |
| Nuveen Securities, LLC | Managing Director | 2017–Present | Principal occupation; no narrative impact provided |
| Nuveen Securities, LLC | Senior Vice President | 2014–2017 | Prior title; no narrative impact provided |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| — | — | — | None disclosed in fund filings |
Fixed Compensation
- Officers receive no compensation from the Fund; the CCO’s compensation is paid by the Adviser (Nuveen/TIAA) and partially reimbursed to the Adviser by the Funds; no officer-level salary/bonus detail is disclosed in BXMX filings .
Performance Compensation
- No officer-specific performance metrics, targets, payout formulas, or vesting schedules are disclosed in BXMX proxy statements; compensation plans (if any) would be at the Adviser level and are not itemized in fund filings .
Equity Ownership & Alignment
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Board Members and executive officers as a group beneficially owned less than 1% of outstanding shares of each Fund as of January 19, 2024 and February 18, 2025 (individual officer holdings, including Ms. Lazar’s, are not disclosed) .
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Group BXMX share ownership trend: | Metric | 12/31/2023 | 12/31/2024 | |---|---:|---:| | BXMX shares owned by Board Members/Nominees and Officers as a Group (shares) | 0 | 6,690 | | Group beneficial ownership of BXMX as % of shares outstanding | <1% | <1% |
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Board Member ownership guideline (governance principle): Independent Board Members are expected to invest at least the equivalent of one year of their compensation in funds within the complex; no officer ownership guideline is disclosed .
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Pledging/hedging: No disclosures regarding officer pledging or hedging of Fund shares .
Employment Terms
- Position: Vice President (Fund officer) with an indefinite term; length of service since 2002 .
- Officers are elected by the Board on an annual basis and serve until successors are elected and qualified .
- Employment agreements, severance, change‑of‑control provisions, non‑compete/non‑solicit, garden leave, or post‑termination consulting arrangements: Not disclosed in BXMX filings .
Investment Implications
- Pay-for-performance linkage at the fund level is not applicable for Ms. Lazar: officers receive no compensation from the Fund, and fund filings provide no officer‑level metrics or equity awards—therefore, traditional compensation alignment or vesting-driven selling pressure signals are not available from BXMX documents .
- Retention risk appears low based on tenure: Ms. Lazar has served as a fund officer since 2002, indicating deep institutional continuity; however, adviser‑level compensation terms are undisclosed, so external incentives cannot be assessed from fund filings .
- Equity alignment: Individual officer ownership is not disclosed; group ownership in BXMX remains under 1%, which limits direct fund‑level alignment or insider trading signals tied to officer share ownership (board‑level guidelines apply to trustees, not officers) .
- Governance and compliance: Fund reports indicate Board Members and officers complied with Section 16(a) filing requirements in the last fiscal year, with no red‑flag disclosures specific to Ms. Lazar .