William A. Siffermann
About William A. Siffermann
William A. Siffermann is Vice President of the Nuveen Real Estate Income Fund (JRS), serving as an officer since 2017 with an indefinite term; his principal occupation is Senior Managing Director at Nuveen . Year of birth: 1975 . As a fund officer, he receives no compensation from the Fund (officers serve without compensation), with the Fund’s CCO compensated by the Adviser and only partially reimbursed by the Fund for incentive compensation . Shareholder communications to the Board are routed “to the attention of William Siffermann, Manager of Fund Board Relations” at Nuveen, indicating his governance-facing remit .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen | Senior Managing Director | Not disclosed | Senior leadership at Adviser supporting fund complex operations |
| Nuveen Real Estate Income Fund (JRS) | Vice President (Fund Officer) | 2017–present | Indefinite-term fund officer; administrative and governance support (officers serve without compensation from the Fund) |
| Nuveen (Fund Governance) | Manager of Fund Board Relations (contact for Board communications) | Not disclosed | Central intake for shareholder communications to the Board, supporting governance and engagement |
External Roles
- None disclosed for Siffermann in the Fund’s proxy statements .
Fixed Compensation
- Fund officers receive no compensation from the Fund. The Fund’s Chief Compliance Officer (CCO) is paid by the Adviser, with the Fund reimbursing an allocable portion of the Adviser’s cost of the CCO’s incentive compensation .
| Component | FY 2024 Amount | Notes |
|---|---|---|
| Officer compensation from JRS | $0 | Officers serve without compensation from the Funds |
| CCO compensation | Paid by Adviser | Fund reimburses an allocable portion of CCO incentive only |
Performance Compensation
- Not applicable; no fund-paid incentive structure is disclosed for officers (officers receive no compensation from the Fund) .
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| N/A (no fund-paid incentives for officers) | — | — | — | — | — |
Equity Ownership & Alignment
- Individual officer beneficial ownership is not itemized; however, 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 . JRS had 28,892,471 common shares outstanding as of February 18, 2025 .
| Item | Value | As-of | Notes |
|---|---|---|---|
| JRS common shares outstanding | 28,892,471 | Feb 18, 2025 | Outstanding shares for voting and ownership context |
| Group beneficial ownership (Board + officers) | <1% of JRS | Feb 18, 2025 | Individual officer holdings not disclosed; group threshold reported |
| Pledging/Hedging | Not disclosed | — | No pledging/hedging disclosures specific to officers in proxy |
Employment Terms
- Title and role: Vice President (Fund officer) with an indefinite term; serving since 2017 .
- Principal occupation: Senior Managing Director, Nuveen .
- Governance interface: Manager of Fund Board Relations contact for shareholder communications to the Board .
- Contracts, severance, change-in-control, non-compete, garden leave: Not disclosed in the proxy; fund officers generally serve without Fund-level employment contracts .
| Term | Detail | Source |
|---|---|---|
| Title | Vice President (Fund Officer) | |
| Term | Indefinite; officer since 2017 | |
| Principal Occupation | Senior Managing Director, Nuveen | |
| Governance Contact | Manager of Fund Board Relations (shareholder communications) | |
| Compensation Basis | No Fund compensation for officers; CCO paid by Adviser |
Investment Implications
- Pay-for-performance alignment: Fund officers are not compensated by the Fund, and no incentive metrics are disclosed—therefore, direct fund-level pay-for-performance signals tied to JRS outcomes are limited for Siffermann .
- Retention risk: Indefinite officer term and long service since 2017 suggest organizational continuity; absence of disclosed severance or change-in-control economics reduces event-driven incentives or risks at the Fund level .
- Governance signal: As Manager of Fund Board Relations contact for shareholder communications, Siffermann plays a visible role in investor engagement and fund governance processes, which can enhance responsiveness and oversight quality .
- Ownership alignment: With group beneficial ownership (Board + officers) under 1% and no officer-specific ownership disclosure, equity “skin-in-the-game” signals for Siffermann are minimal at the fund level; governance principles requiring investment apply to Board Members, not officers .