Brian Lawrence
About Brian Lawrence
Brian H. Lawrence is Vice President and Assistant Secretary of Nuveen Credit Strategies Income Fund (JQC), serving since 2023; he was born in 1982 and is based in Charlotte, NC . His principal occupations over the past five years include Vice President and Associate General Counsel roles at Nuveen and affiliated TIAA entities (Teachers Advisors, LLC; TIAA-CREF Investment Management, LLC), following prior service as Corporate Counsel at Franklin Templeton (2018–2022) . Officers of the Fund receive no compensation from the Fund itself; compensation for certain roles (e.g., CCO) is paid by the Adviser, with partial reimbursement mechanics noted, which limits disclosure on executive pay structures tied directly to JQC performance .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen | Vice President and Associate General Counsel | Past five years (per proxy) | Legal leadership supporting fund governance and regulatory compliance across the Nuveen fund complex |
| Teachers Advisors, LLC | Vice President, Associate General Counsel and Assistant Secretary | Past five years (per proxy) | Legal oversight within TIAA-affiliated registered investment company framework |
| TIAA-CREF Investment Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Past five years (per proxy) | Legal and regulatory support for investment management operations |
| Franklin Templeton | Corporate Counsel | 2018–2022 | Corporate legal counsel for a global investment manager |
External Roles
| Organization | Role | Years |
|---|---|---|
| Nuveen Asset Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Past five years (per proxy) |
| Teachers Advisors, LLC | Vice President, Associate General Counsel and Assistant Secretary | Past five years (per proxy) |
| TIAA-CREF Investment Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Past five years (per proxy) |
Fixed Compensation
Officers receive no compensation from the Funds; the CCO’s compensation (base salary and incentive) is paid by the Adviser, with the Funds reimbursing an allocable portion of the Adviser’s cost of the CCO’s incentive compensation. No fund-paid salary, bonus, or equity awards are disclosed for officers (including Brian Lawrence) .
Performance Compensation
No fund-paid performance compensation (e.g., RSUs, PSUs, options, revenue/EBITDA/TSR-linked incentives) is disclosed for officers of the Fund; compensation for applicable roles is paid by the Adviser, and specific metrics/weightings/payouts are not provided in the JQC proxy .
Equity Ownership & Alignment
| Metric | As of Date | Value | Notes |
|---|---|---|---|
| Individual beneficial ownership (Board Members) | Feb 18, 2025 | <1% of outstanding shares for each Board Member | Statement applies per fund; officers plus Board as a group also <1% |
| Officers and Board Members – group beneficial ownership of JQC | Dec 31, 2024 | 2,714 shares | “Credit Strategies” column reflects Nuveen Credit Strategies Income Fund (JQC) |
| Pledging/Hedging | — | Not disclosed | No officer pledging/hedging disclosure found in proxy |
| Ownership guidelines | — | Not disclosed | No officer stock ownership guideline disclosures for the Fund’s officers |
Employment Terms
| Term Component | Detail |
|---|---|
| Position | Vice President and Assistant Secretary |
| Term of Office | Indefinite; Length of Service since 2023 |
| Election/Process | Officers are elected by the Board on an annual basis to serve until successors are elected and qualified |
| Contract/Severance/CoC | Not disclosed in Fund proxy (officers serve without compensation from the Funds) |
| Power of Attorney Authority | Named as attorney-in-fact in Nuveen Closed-End Funds POA exhibits (2024) |
Investment Implications
- Fund officers receive no compensation from JQC; thus no disclosed fund-level salary, bonus, or equity awards to align officer incentives directly with JQC’s TSR or NAV performance. Compensation is paid by the Adviser, and performance metrics/vesting terms are not disclosed in the Fund’s proxy, limiting visibility into pay-for-performance levers and insider selling pressure tied to fund-based awards .
- Aggregated insider ownership in JQC is small (2,714 shares as of Dec 31, 2024 for Board Members and officers as a group; each Board Member <1% individually as of Feb 18, 2025), suggesting limited direct “skin-in-the-game” at the fund level from disclosed holdings; pledging details are not disclosed, reducing the ability to assess collateralization risks .
- Tenure as an officer since 2023 with broad legal leadership roles at Nuveen/TIAA indicates continuity in governance/controls rather than direct operational execution levers; no employment contracts or severance/change-of-control economics are disclosed at the fund level, implying low fund-specific retention risk signals in filings .
- As attorney-in-fact on POA exhibits, Lawrence is positioned within Nuveen’s legal apparatus for filings and regulatory processes across closed-end funds, reinforcing a legal/governance remit rather than fund performance-linked compensation structures .