John McCann
About John McCann
John M. McCann (born 1975) is Vice President and Assistant Secretary of the Nuveen Mortgage & Income Fund (JLS) and a Senior Managing Director, Division General Counsel at Nuveen. He has served as an officer of the Fund since 2022 and concurrently holds General Counsel/Secretary or Associate General Counsel roles across Nuveen Fund Advisors, Nuveen Asset Management, TIAA SMA Strategies, and affiliated TIAA entities . Fund filings do not disclose officer-specific performance metrics (e.g., TSR, revenue/EBITDA growth) and officers receive no compensation from the Fund, so pay-for-performance linkages are not available at the fund level .
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| Nuveen (parent) | Senior Managing Director, Division General Counsel | Since 2024 (disclosed as current) | Oversees legal function as Division GC across Nuveen platform supporting fund complex governance and regulatory matters . |
| Nuveen Fund Advisors, LLC | Managing Director; General Counsel & Secretary | Since 2021 (disclosed as current) | Principal legal officer for the adviser to JLS; secretary responsibilities across fund complex . |
| Nuveen Asset Management, LLC | Managing Director; Associate General Counsel & Assistant Secretary | Disclosed as current | Supports investment adviser legal and corporate secretary functions . |
| TIAA SMA Strategies LLC | Managing Director; Assistant Secretary | Disclosed as current | Legal/secretary responsibilities within TIAA’s SMA platform . |
| College Retirement Equities Fund; TIAA Separate Account VA‑1; TIAA‑CREF Funds; TIAA‑CREF Life Funds | Managing Director; Associate General Counsel & Assistant Secretary | Disclosed as current; Managing Director since 2019 (prior VP/Director) | Registered products legal and governance leadership within TIAA complex . |
| TIAA; Teachers Advisors LLC; TIAA‑CREF Investment Management, LLC | Managing Director; Associate General Counsel & Assistant Secretary | Managing Director since 2018 (prior VP/Director) | Enterprise legal leadership supporting asset management affiliates . |
| Nuveen Alternative Advisors LLC | Vice President; Associate General Counsel & Assistant Secretary | Since 2017 | Alternatives platform legal and secretary functions . |
| Covariance Capital Management, Inc. | General Counsel & Assistant Secretary | 2014–2017 | Led legal function at multi-asset advisory affiliate . |
External Roles
- No public company directorships or external board roles disclosed for John McCann in Fund proxy materials .
Fixed Compensation
- Officers receive no compensation from the Funds; the CCO’s compensation is paid by the Adviser (Nuveen) with Board review, and the Funds reimburse an allocable portion of the Adviser’s cost for the CCO’s incentive compensation. No officer salary/bonus details are disclosed at the Fund level .
Performance Compensation
- Not disclosed for Fund officers. Fund filings do not include target/actual bonus metrics, PSUs/RSUs, or option awards for Fund officers; therefore, no vesting schedules or performance metric weightings are provided at the Fund level .
Equity Ownership & Alignment
| Item | Detail |
|---|---|
| Beneficial ownership of JLS | Form 3 filed by John M. McCann reports no securities beneficially owned in JLS as of April 14, 2022 . |
| Officer/Trustee group ownership | As of Dec 31, 2024, Board Members and executive officers as a group beneficially owned less than 1% of each Fund’s outstanding shares . |
| Shares outstanding (context) | JLS common shares outstanding: 5,476,626 as of Feb 18, 2025 (record date for proxy) . |
| Pledging/hedging | No pledging by McCann disclosed; Form 3 shows no holdings to pledge . |
| Ownership guidelines | Board Members are expected to invest at least one year of compensation in Funds; no officer ownership guideline is disclosed . |
Employment Terms
- Role/term: Officers are elected by the Board on an annual basis to serve until successors are elected and qualified; McCann has served as Vice President and Assistant Secretary since 2022 .
- Employer: Officers are not employees of the Funds; they are employed by the Adviser/affiliates (Nuveen/TIAA) .
- Contract terms: No officer employment agreements, severance, change-in-control triggers, tax gross-ups, or clawback provisions are disclosed in Fund filings; such terms, if any, would be at the Adviser level and are not part of Fund proxy disclosures .
- Section 16 compliance: The Fund reports compliance with applicable Section 16(a) filing requirements for Board Members and officers in the last fiscal year .
Investment Implications
- Alignment and selling pressure: McCann reports no beneficial ownership in JLS, so there is no near-term insider selling pressure or vesting overhang; however, lack of direct ownership also limits officer-alignment signaling at the Fund level .
- Pay-for-performance visibility: Fund officers receive no compensation from the Funds, and officer incentive structures are not disclosed in Fund proxies, limiting pay-for-performance assessment for McCann specifically at JLS .
- Governance and continuity: McCann’s senior legal roles across Nuveen/TIAA entities and continued service as Fund officer since 2022 indicate continuity in fund governance and legal oversight; officers are reappointed annually, providing routine Board oversight while maintaining operational continuity .
- Risk flags: No Section 16 deficiencies disclosed; no related party transactions tied to McCann identified in Fund proxy materials .