David Lamb
Chief Administrative Officer (Principal Executive Officer) at Nuveen Core Equity Alpha Fund
Executive
About David Lamb
David J. Lamb serves as Chief Administrative Officer (principal executive officer) of Nuveen Core Equity Alpha Fund (JCE). He has held this officer role since 2015 and is a Senior Managing Director of Nuveen Fund Advisors, LLC, Nuveen Securities, LLC, and Nuveen, LLC . Lamb signs Sarbanes‑Oxley Section 302 and 906 certifications on JCE’s Form N‑CSR, evidencing responsibility for disclosure controls and financial reporting (e.g., Q2 2024 and prior periods) . The 2025 proxy does not disclose executive education or individual TSR/revenue/EBITDA performance metrics for Lamb.
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| Nuveen Fund Advisors, LLC | Senior Managing Director | Past 5 years (as of Mar 1, 2025) | Fund adviser leadership; officer capacity for JCE |
| Nuveen Securities, LLC | Senior Managing Director | Past 5 years (as of Mar 1, 2025) | Distribution/operations leadership; JCE officer |
| Nuveen, LLC | Senior Managing Director | Past 5 years (as of Mar 1, 2025) | Enterprise leadership; JCE officer |
| Nuveen Core Equity Alpha Fund | Chief Administrative Officer (Principal Executive Officer) | Since 2015 | Principal executive officer responsibilities; SOX certifications |
External Roles
- No external directorships or committee roles disclosed for David J. Lamb in JCE’s 2025 proxy statement .
Fixed Compensation
- Officers of the Funds (including the Chief Administrative Officer) serve without any compensation from the Funds; the CCO’s compensation is paid by the Adviser, with the Funds reimbursing an allocable portion of the CCO’s incentive compensation .
Performance Compensation
- No fund‑paid equity or option awards, bonuses, vesting schedules, or performance‑tied compensation are disclosed for Fund officers (officers receive no compensation from the Funds) .
Equity Ownership & Alignment
| Item | Detail |
|---|---|
| Shares Outstanding (JCE Common) | 16,833,768 as of the Feb 18, 2025 record date |
| David Lamb individual holdings | Not individually disclosed in Appendix A; officer holdings not itemized |
| Officers and Board as a group | Beneficially owned less than 1% of outstanding shares of each Fund as of Feb 18, 2025 |
| Pledging/Hedging | No pledging or hedging by officers disclosed |
| Options/RSUs/PSUs | No fund‑level officer equity awards disclosed |
| Ownership guidelines | Board Members have an expectation to invest at least one year of compensation in the fund complex (board governance principle); no officer ownership guidelines disclosed |
Employment Terms
| Term | Disclosure |
|---|---|
| Position | Chief Administrative Officer (Principal Executive Officer) |
| Term of office | Indefinite; officers elected annually by the Board to serve until successors are elected and qualified |
| Length of service | Officer since 2015 |
| Contract term, non‑compete, non‑solicit, severance | Not disclosed for Fund officers in the proxy |
| Change‑of‑control, accelerated vesting | Not applicable/not disclosed (no fund‑paid equity awards to officers) |
| Clawback provisions | Not disclosed for Fund officers |
| Section 16(a) compliance | Funds report officers/Board complied with Section 16(a) filing requirements during the last fiscal year |
Performance & Track Record
- SOX Certifications: Lamb signed Section 302 and Section 906 certifications for JCE’s Form N‑CSR for multiple periods, including Q2 2024, Q2 2023, and Q2 2020, affirming fair presentation and effective disclosure controls and internal control over financial reporting .
- Principal Executive Officer role: His certifications and designation as principal executive officer indicate accountability for fund reporting quality and controls; the proxy does not disclose individual TSR or operating metrics for Lamb .
Board Governance (Context)
- Lamb is an officer, not a Board Member. Board governance, committees, and member compensation are disclosed; officers receive no compensation from the Funds . Board Member attendance exceeded 75% in the last fiscal year .
Investment Implications
- Alignment and selling pressure: No fund‑paid equity awards, options, or vesting schedules are disclosed for officers; therefore, there are no Fund‑level vest‑related selling pressures attributable to Lamb from JCE disclosures .
- Ownership skin‑in‑the‑game: Individual officer ownership in JCE is not itemized; officers and Board as a group own <1% of shares, limiting direct equity alignment signals from Fund‑level disclosures .
- Compensation transparency: Because officers are unpaid by the Fund and paid by the Adviser, key levers of pay‑for‑performance (salary, bonus, PSU metrics) are not visible at the Fund level, constraining analysis of compensation alignment and severance/change‑of‑control economics from JCE filings .
- Governance and controls: Lamb’s repeated SOX certifications as principal executive officer signal accountability for reporting integrity; no Section 16(a) delinquency is reported, and no pledging or related‑party red flags are disclosed for officers in the proxy .