Mark L. Winget
About Mark L. Winget
Mark L. Winget is Vice President and Secretary of Nuveen Preferred & Income Opportunities Fund (JPC) and other Nuveen funds; he has served as a fund officer since 2008 (year of birth: 1968; business address: 333 West Wacker Drive, Chicago, IL) . His principal responsibilities include legal and corporate governance roles across Nuveen and TIAA affiliates, serving as Vice President and Assistant Secretary of Nuveen Securities, LLC and Nuveen Fund Advisors, LLC, and Vice President/Associate General Counsel roles at Teachers Advisors, LLC, TIAA‑CREF Investment Management, LLC, and Nuveen Asset Management, LLC . He is the signing officer on proxy and 8‑K filings for JPC (Vice President and Secretary) . JPC’s proxies indicate fund officers receive no compensation from the Fund; compensation is paid by the Adviser, with only the CCO incentive cost partially reimbursed by the Fund, so pay‑for‑performance metrics (TSR, revenue/EBITDA growth) are not disclosed for Winget .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Securities, LLC | Vice President & Assistant Secretary | Past 5 years (as disclosed) | Supports fund governance, regulatory filings, and legal administration |
| Nuveen Fund Advisors, LLC | Vice President & Assistant Secretary | Past 5 years (as disclosed) | Legal and governance support for fund complex operations |
| Teachers Advisors, LLC | Vice President, Associate General Counsel & Assistant Secretary | Past 5 years (as disclosed) | Legal oversight and governance within TIAA/Nuveen enterprise |
| TIAA‑CREF Investment Management, LLC | Vice President, Associate General Counsel & Assistant Secretary | Past 5 years (as disclosed) | Legal, compliance, and documentation oversight for asset management activities |
| Nuveen Asset Management, LLC | Vice President & Associate General Counsel | Past 5 years (as disclosed) | Legal counsel for portfolio and fund‑level matters |
| Nuveen (parent) | Vice President & Associate General Counsel | Past 5 years (as disclosed) | Enterprise legal and governance leadership across the fund complex |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| TIAA/Nuveen affiliated entities (Teachers Advisors, LLC; TIAA‑CREF Investment Management, LLC; Nuveen Asset Management, LLC) | Vice President, Associate General Counsel & Assistant Secretary | Past 5 years (as disclosed) | Legal/governance alignment across adviser and affiliates servicing JPC |
| Nuveen Securities, LLC; Nuveen Fund Advisors, LLC | Vice President & Assistant Secretary | Past 5 years (as disclosed) | Direct support of fund administration and regulatory processes tied to JPC |
Fixed Compensation
- Officers of JPC “serve without any compensation from the Funds”; compensation is paid by the Adviser. Only the CCO’s incentive compensation is partially reimbursed by the Funds to the Adviser .
- Base salary, target/actual bonus, and perquisites for Winget are not disclosed at the fund level; no director fee schedule applies to officers .
Performance Compensation
- No fund‑level performance‑linked incentive disclosure (e.g., revenue, EBITDA, TSR, ESG metrics) is provided for officers; JPC does not report RSUs/PSUs/options for fund officers .
Equity Ownership & Alignment
- As of February 18, 2025, Board Members and executive officers as a group beneficially owned less than 1% of the outstanding shares of each fund, including JPC .
- Group beneficial ownership in JPC: 3,835 shares as of December 31, 2024 and December 31, 2023 (reported in Appendices) .
- JPC common shares outstanding were 319,483,952 as of January 19, 2024 .
| Metric | FY 2023 (as of Dec 31, 2023) | FY 2024 (as of Dec 31, 2024) |
|---|---|---|
| Group beneficial ownership in JPC (shares) | 3,835 | 3,835 |
| Shares outstanding (JPC common) | 319,483,952 (as of Jan 19, 2024) | 319,483,952 (reference point for %; latest disclosed) |
| Group ownership as % of shares outstanding | ~0.0012% (3,835 ÷ 319,483,952) | ~0.0012% (3,835 ÷ 319,483,952) |
- Individual officer holdings, vesting status, pledging, and hedging arrangements for Winget are not disclosed in the proxies. Section 16 compliance is affirmed for officers, but individual Form 4 transactions are not detailed in the proxy .
Employment Terms
| Item | Disclosure |
|---|---|
| Position | Vice President and Secretary |
| Term of Office | Indefinite; officers elected annually by the Board to serve until successors are elected and qualified |
| Length of Service | Since 2008 (fund officer in Nuveen fund complex) |
| Employment Contract / Severance | Not disclosed for fund officers |
| Change‑of‑Control Provisions | Not disclosed for fund officers |
| Non‑Compete / Non‑Solicit | Not disclosed |
| Clawbacks / Tax Gross‑ups | Not disclosed for fund officers |
Investment Implications
- Alignment and selling pressure: Officers do not receive fund‑level equity awards and serve without compensation from the Fund, reducing any vesting‑related selling pressure and weakening direct pay‑for‑performance linkage at the JPC entity level .
- Retention risk: Winget’s long tenure (since 2008) and enterprise roles across TIAA/Nuveen suggest continuity in legal/governance functions; no contract/severance terms are disclosed that would indicate heightened transition risk .
- Trading signals: The proxy affirms Section 16 compliance but does not disclose individual officer transactions; absence of disclosed grants/options means limited insider‑driven trading signals tied to compensation at the Fund level .
- Governance: As Vice President and Secretary and a signing officer on proxies and 8‑Ks, Winget supports board operations and regulatory compliance; committee governance pertains to independent Board Members, not officers –.