David Lamb
About David Lamb
David J. Lamb is Chief Administrative Officer (principal executive officer) of Nuveen Credit Strategies Income Fund (JQC), serving as an officer of the Fund complex since 2015; his year of birth is 1963 and his business address is 333 West Wacker Drive, Chicago, IL 60606 . He is a Senior Managing Director at Nuveen Fund Advisors, LLC and at Nuveen Securities, LLC, and a Senior Managing Director at Nuveen, having previously held various leadership roles at Nuveen over multiple decades . In his capacity as principal executive officer for JQC, Lamb signs the Fund’s Sarbanes‑Oxley Section 302 and 906 certifications and the N‑CSR, evidencing responsibility for disclosure controls and procedures and financial reporting integrity . JQC’s proxy statements specify that officers receive no compensation from the Fund, and the Fund’s filings indicate recovery of erroneously awarded compensation is not applicable at the Fund level, underscoring that any compensation for Lamb is paid by Nuveen/TIAA entities and not disclosed in the Fund’s proxy .
Past Roles
| Organization | Role | Years | Strategic Impact / Notes |
|---|---|---|---|
| Nuveen Credit Strategies Income Fund (JQC) | Vice President (Fund Officer) | Listed as VP in 2017 and 2019; officer since 2015 | Officer of the Fund; supported fund administration and governance functions . |
| Nuveen Credit Strategies Income Fund (JQC) | Chief Administrative Officer (Principal Executive Officer) | By 2021–present; officer since 2015 | Principal executive officer; signs SOX 302/906 certifications and N‑CSR; accountable for disclosure controls and procedures . |
| Nuveen Fund Advisors, LLC | Managing Director; later Senior Managing Director | Managing Director since 2019; Senior Managing Director (as of 2025 proxy) | Senior leadership at the Fund’s adviser; ongoing oversight role for registered funds . |
| Nuveen Securities, LLC | Managing Director (2020–2021), then Senior Managing Director (since 2021) | 2020–present | Senior distribution/affiliated broker‑dealer leadership supporting the Nuveen fund complex . |
| Nuveen (parent/affiliates) | Senior Managing Director (since 2021); Managing Director (2017–2021); Senior Vice President (2006–2017); Vice President prior to 2006 | Pre‑2006–present | Long‑tenured Nuveen executive across operations/administration; indicates institutional continuity . |
External Roles
- No public company directorships or external board roles are disclosed for David J. Lamb in JQC’s officer biographies; the officer table lists only Nuveen/NFA/NSLLC responsibilities and notes officers receive no compensation from the Funds .
Fixed Compensation
JQC is a registered closed-end fund; its officers are employees of Nuveen/TIAA affiliates and receive no compensation from the Fund. The Fund’s proxy does not disclose base salary, target/actual bonuses, or perquisites for officers.
| Compensation Element | Disclosure at Fund Level | Notes |
|---|---|---|
| Base salary | Not disclosed | Officers receive no compensation from the Funds; compensation paid by Nuveen/TIAA affiliates . |
| Target/Actual annual bonus | Not disclosed | Not reported in Fund proxy for officers . |
| Perquisites | Not disclosed | Not reported in Fund proxy for officers . |
| Clawback policy | Not applicable at Fund level | Item 18: Recovery of Erroneously Awarded Compensation – Not applicable . |
Performance Compensation
No Fund‑level incentive plan is disclosed for officers; there are no Fund‑tied performance metrics (TSR, revenue/EBITDA goals) or equity awards reported for officers in the proxy.
| Metric / Plan | Weighting | Target | Actual | Payout | Vesting | Notes |
|---|---|---|---|---|---|---|
| Executive incentive plan (Fund) | — | — | — | — | — | No officer incentive metrics disclosed at the Fund level; officers are compensated by Nuveen/TIAA affiliates, not the Fund . |
Note: N‑CSR describes compensation frameworks for portfolio managers (salary, cash bonus, three‑year long‑term performance award, and profits interest plan), but these disclosures pertain to portfolio managers, not to David Lamb in his administrative officer role .
Equity Ownership & Alignment
The Fund does not disclose beneficial ownership for officers in the proxy; ownership tables focus on trustees and, in N‑CSR, on portfolio managers.
| Ownership Item | Disclosure | Notes |
|---|---|---|
| Beneficial shares owned (officer) | Not disclosed | No officer ownership table for Lamb in DEF 14A; officer table provides role/tenure only . |
| Vested vs unvested, options/RSUs | Not disclosed | No officer equity awards disclosed at Fund level . |
| Shares pledged as collateral | Not disclosed | No pledging disclosures for officers at Fund level . |
| Ownership guidelines (officers) | Not disclosed | Not addressed for officers in Fund proxy . |
Reference point: As of January 31, 2025, JQC’s portfolio managers (Coale Mechlin and James Kim) reported no beneficial ownership in JQC (dollar range “None”) .
Employment Terms
| Term | Details |
|---|---|
| Officer capacity | Chief Administrative Officer (principal executive officer) . |
| Start as Fund officer | Officer since 2015 (length of service as an officer) . |
| Term of office | Indefinite; officers are elected by the Board on an annual basis to serve until successors are elected and qualified . |
| Compensation arrangements with Fund | None; officers receive no compensation from the Funds . |
| Severance / change‑of‑control (Fund) | Not disclosed; no Fund‑level executive employment agreements or CIC economics disclosed for officers . |
| Clawback | Not applicable at Fund level (Item 18) . |
| SOX certifications | Signs Section 302 and 906 certifications on N‑CSR as principal executive officer . |
Investment Implications
- Alignment: Because officers receive no compensation from the Fund and officer ownership is not disclosed, direct pay‑for‑performance alignment to JQC shareholders is limited at the Fund level; compensation and incentives for Lamb reside with Nuveen/TIAA and are not disclosed in JQC’s proxy .
- Retention and continuity: Lamb’s long tenure as an officer since 2015 and current senior roles at Nuveen/NFA suggest administrative continuity for fund operations and reporting; he continues to serve as principal executive officer, signing SOX certifications .
- Trading signals: The Fund’s filings reviewed do not present officer‑level beneficial ownership or Form 4 activity for Lamb; portfolio managers reported no ownership as of January 31, 2025, and officers’ holdings are not disclosed, limiting visibility into insider‑related buying/selling pressure at the Fund level .
- Governance context: Officers are appointed annually by the Board with indefinite terms; officer compensation and any severance/change‑of‑control arrangements, if any, would be at the adviser (Nuveen/TIAA) level rather than the Fund, and are not captured in Fund filings .