Tina Lazar
About Tina Lazar
Tina M. Lazar is Vice President of Nuveen Credit Strategies Income Fund (JQC) and a Managing Director of Nuveen Securities, LLC. Fund officer records list her year of birth as 1961 and indicate she has served as a fund officer since 2002, with an indefinite term of office . JQC’s proxy statements state the Funds have no employees and officers receive no compensation from the Funds; the Chief Compliance Officer’s compensation is paid by the Adviser with Board oversight, and no performance metrics (TSR, revenue, EBITDA) are disclosed for officers in these filings .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Securities, LLC | Senior Vice President | 2014–2017 | Not disclosed in fund filings |
| Nuveen Securities, LLC | Managing Director | 2017–present | Not disclosed in fund filings |
| Nuveen Credit Strategies Income Fund (JQC) | Vice President (Fund Officer) | 2002–present | Fund administration role; officers serve without compensation from the Funds |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| Nuveen Securities, LLC | Managing Director | 2017–present | Primary employer affiliation noted in fund officer records |
Fixed Compensation
| Component | Detail |
|---|---|
| Fund-paid compensation | Officers receive no compensation from the Funds |
| CCO compensation | Paid by Adviser; Funds reimburse allocable portion of CCO incentive compensation; reviewed with Board input |
Performance Compensation
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not applicable | No performance-based or equity incentive disclosures for fund officers in proxy statements | — | — | — | — |
| Source | Officers receive no compensation from the Funds per proxy disclosure |
Equity Ownership & Alignment
| Metric | Value | Date/Scope |
|---|---|---|
| Beneficial ownership – Board Members and Officers as a Group (JQC) | 2,714 shares | As of December 31, 2024 (Appendix A) |
| Ownership concentration | Each Board Member’s individual beneficial shareholdings and the group (Board Members and executive officers) constituted less than 1% of outstanding shares of each Fund | Record date February 18, 2025 |
Employment Terms
| Term Element | Detail |
|---|---|
| Fund Officer Role | Vice President (JQC) |
| Term of Office | Indefinite; serving since 2002 |
| Employer | Managing Director, Nuveen Securities, LLC |
| Non-compete / non-solicit / severance / CIC | Not disclosed in JQC proxy or 8-K filings reviewed |
Investment Implications
- Compensation structure and insider selling pressure: As a closed-end fund, JQC’s officers (including Lazar) receive no fund-paid compensation; there are no disclosed RSUs/options, performance metrics, or vesting schedules—reducing typical pay-for-performance alignment and eliminating equity-driven selling pressure signals at the fund level .
- Ownership alignment: Beneficial ownership is immaterial at the fund level (Board Members and officers as a group held 2,714 JQC shares; <1% of outstanding), indicating low direct equity alignment for officers via fund shares .
- Retention and contract risk: Employment economics (base, bonus, severance, change-of-control) are governed by Nuveen/TIAA corporate policies, not disclosed in fund filings—investors should not expect proxy-based triggers or CIC accelerations related to Lazar’s role at JQC .
- Trading signals: Absence of equity awards or vesting schedules at the fund level implies limited executive-driven trading catalysts; monitoring Nuveen/TIAA-level disclosures and any Form 4 activity (if applicable) would be necessary for insider-trade signals, which are not provided in JQC proxies .