Mark J. Czarniecki
About Mark J. Czarniecki
Vice President and Assistant Secretary of Nuveen Quality Municipal Income Fund (NAD); year of birth 1979; service with the Funds since 2013. Principal roles in the past five years include Managing Director and Assistant Secretary across Nuveen Securities, LLC and Nuveen Fund Advisors, LLC; Managing Director and Associate General Counsel at Nuveen; and Managing Director, Assistant Secretary and Associate General Counsel at Nuveen Asset Management, LLC, as well as Associate General Counsel/Assistant Secretary roles at Teachers Advisors, LLC and TIAA‑CREF Investment Management, LLC . He has also signed Rule 17g‑1 fidelity bond filings for the Nuveen Funds complex as “Vice President and Secretary” .
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| Nuveen Securities, LLC | Managing Director; Assistant Secretary | Since 2013; past 5 years | Corporate governance and fund administration (Assistant Secretary) |
| Nuveen Fund Advisors, LLC | Managing Director; Assistant Secretary | Since 2013; past 5 years | Legal and fund governance functions |
| Nuveen (parent) | Managing Director; Associate General Counsel | Past 5 years | Legal oversight across Nuveen funds |
| Nuveen Asset Management, LLC | Managing Director; Assistant Secretary; Associate General Counsel | Past 5 years | Legal, regulatory, and governance for asset management entities |
| Teachers Advisors, LLC | Managing Director; Associate General Counsel; Assistant Secretary | Past 5 years | Legal support for affiliated mutual funds |
| TIAA‑CREF Investment Management, LLC | Managing Director; Associate General Counsel; Assistant Secretary | Past 5 years | Legal and governance support |
External Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| — | None disclosed | — | — |
Fixed Compensation
| Component | FY/Period | Amount/Policy |
|---|---|---|
| Fund-paid officer compensation | Ongoing | Officers receive no compensation from the Funds |
| Chief Compliance Officer compensation (framework) | Ongoing | Paid by Adviser; Funds reimburse allocable portion of CCO incentive compensation (officer role example; not specific to Mark) |
Performance Compensation
| Incentive type | Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|---|
| — | — | — | — | — | — | Not disclosed in Fund filings for officers |
Equity Ownership & Alignment
| Metric | 2024 | 2025 |
|---|---|---|
| Board Members and Officers as a Group – NAD shares owned (shares) | 21,415 | 35,764 |
| Group ownership as % of NAD shares outstanding | <1% (as of June 13, 2024) | <1% (as of June 20, 2025) |
| Individual officer ownership detail (Mark J. Czarniecki) | Not individually disclosed | Not individually disclosed |
| Shares pledged/hedged (officers) | Not disclosed |
Employment Terms
| Term/Clause | Detail |
|---|---|
| Position | Vice President and Assistant Secretary (NAD) |
| Additional filing title | Vice President and Secretary (Rule 17g‑1 filing context) |
| Year of Birth | 1979 |
| Length of Service | Since 2013 |
| Term of Office | Indefinite; officers elected annually by the Board and serve until successors are elected and qualified |
| Compensation source | Officers receive no compensation from the Funds; compensation for certain compliance roles paid by Adviser with partial reimbursement structure (CCO framework) |
| Location | 901 Marquette Avenue, Minneapolis, MN 55402 |
Investment Implications
- Disclosure limits: NAD’s proxy statements provide officer roles, tenure, and addresses but do not disclose individual officer compensation, incentive metrics, equity award vesting, severance, or change‑of‑control terms for fund officers; officers are not paid by the Funds, which reduces direct pay‑for‑performance linkage at the Fund level .
- Alignment: Board Members and officers as a group hold less than 1% of NAD shares; individual officer holdings (including Mark J. Czarniecki) are not itemized, limiting visibility into personal alignment and potential insider selling pressure .
- Retention signal: Tenure since 2013 indicates long‑standing continuity in fund governance/legal roles, but with no disclosed employment contracts, non‑compete, or severance terms for officers, retention economics cannot be assessed from fund filings .
- Trading signals: Absent Form 4 detail in fund proxies and with officers not compensated by the Fund, there is limited insight into near‑term trading signals tied to compensation vesting or pledging from Fund filings alone .