David J. Lamb
Chief Administrative Officer (Principal Executive Officer) at NUVEEN REAL ESTATE INCOME FUND
Executive
About David J. Lamb
David J. Lamb serves as Chief Administrative Officer (Principal Executive Officer) of Nuveen Real Estate Income Fund (JRS), with a listed year of birth of 1963 and service as an officer in the Nuveen fund complex since 2015. His principal occupations over the past five years include Senior Managing Director roles at Nuveen Fund Advisors, LLC, Nuveen Securities, LLC, and Nuveen, having previously held various positions at Nuveen. As principal executive officer, Lamb signs the Fund’s N-CSR shareholder reports and Sarbanes-Oxley certifications. Officers of the Funds serve without compensation from the Funds.
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| Nuveen Fund Advisors, LLC | Senior Managing Director | Past five years (as disclosed) | Senior leadership within adviser to JRS; listed among principal occupations for officers. |
| Nuveen Securities, LLC | Senior Managing Director | Past five years (as disclosed) | Senior leadership within broker-dealer affiliate; listed among principal occupations for officers. |
| Nuveen (parent) | Senior Managing Director | Past five years (as disclosed) | Senior leadership at Nuveen; listed among principal occupations for officers. |
| Nuveen Real Estate Income Fund (JRS) | Chief Administrative Officer (Principal Executive Officer) | Since 2015 | Principal executive officer for JRS; signs N-CSR and SOX certifications. |
Fixed Compensation
| Item | Disclosure |
|---|---|
| Fund-level officer compensation | The Funds have no employees; officers of the Funds serve without any compensation from the Funds. |
| CCO compensation (reference) | The CCO’s compensation (base and incentive) is paid by the Adviser; the Funds reimburse an allocable portion of the Adviser’s cost of the CCO’s incentive compensation. |
Performance Compensation
- No fund-level incentive plans or equity awards are paid to officers by the Funds; officers serve without compensation from the Funds (any such compensation would be at the Adviser level, per CCO example).
Equity Ownership & Alignment
| Measure | Detail |
|---|---|
| JRS common shares outstanding (for context) | 28,892,471 common shares outstanding as of the record date (Feb 18, 2025). |
| Beneficial ownership (Board Members and officers as a group) | As of Feb 18, 2025, each Board Member’s individual holdings in each Fund were less than 1% of that Fund; Board Members and executive officers as a group beneficially owned less than 1% of each Fund. |
| Officer-level disclosure | Appendix A lists Board Members’ dollar ranges and share counts, and states group ownership including officers; officer-by-officer holdings are not itemized. |
Employment Terms
| Item | Detail |
|---|---|
| Title | Chief Administrative Officer (Principal Executive Officer). |
| Term and tenure | Term: Indefinite; Length of Service: Since 2015. |
| Election/appointment | Officers are elected by the Board on an annual basis to serve until successors are elected and qualified. |
| Address | 333 West Wacker Drive, Chicago, IL 60606. |
| Section 16(a) compliance | The Funds believe Board Members and officers complied with applicable Section 16(a) filing requirements during the last fiscal year and the previous fiscal year. |
Investment Implications
- Pay-for-performance visibility is limited at the Fund level: officers receive no compensation from the Funds, and the proxy does not present individual officer pay metrics (e.g., revenue/EBITDA/TSR-linked incentives) for fund officers; any compensation sits with the Adviser, reducing direct fund-level alignment signals.
- Insider alignment appears modest at the fund level: Board Members and executive officers as a group hold less than 1% of each Fund’s shares, implying limited direct economic exposure to JRS’s discount/premium dynamics; typical for the mutual/CEF complex model.
- Governance/compliance posture is strong procedurally: as principal executive officer, Lamb signs N-CSR reports and SOX certifications, and the Funds report Section 16(a) compliance by officers and Board Members—factors supportive of control and reporting integrity rather than trading catalysts.
- Trading signal: absent disclosed fund-level compensation drivers or vesting schedules, there is no identifiable insider-selling pressure or award-driven overhang tied to JRS; monitor Adviser-level disclosures or Form 4 filings for any changes.