William A. Siffermann
About William A. Siffermann
William A. Siffermann serves as Vice President of Nuveen Quality Municipal Income Fund (NAD); his principal occupation over the past five years is Senior Managing Director at Nuveen, with information as of June 20, 2025 . He first became an officer of a Nuveen fund in 2017 (term: indefinite; length of service: since 2017) , and is also listed as the Manager of Fund Board Relations point of contact for shareholder communications to the Board . The proxy does not disclose education, age beyond year of birth (1975), or performance metrics (TSR, revenue/EBITDA growth) for this officer .
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| Nuveen | Senior Managing Director | Past 5 years (as of June 20, 2025) | Principal occupation; leadership within Nuveen’s fund complex |
| Nuveen | Managing Director | Past 5 years (as of 2024) | Listed prior to Senior MD; indicates senior management continuity |
| Nuveen (Fund Board Relations) | Manager of Fund Board Relations (contact designation) | Ongoing | Serves as the designated contact for shareholder communications to the Board across Nuveen funds |
External Roles
No external directorships or roles are disclosed for William A. Siffermann in the NAD proxy filings .
Fixed Compensation
- Officers receive no compensation from the Funds; they are elected by the Board on an annual basis and serve until successors are elected and qualified .
- Base salary, bonus, and other cash compensation for Mr. Siffermann (as a Nuveen employee) are not disclosed in the NAD proxy; such compensation would be paid by Nuveen/TIAA, not the Fund .
Performance Compensation
- Equity-based awards (RSUs, PSUs), options, performance metrics, vesting schedules, retention/sign-on bonuses, clawbacks, tax gross-ups, deferred compensation, pension/SERP, and perquisites for Mr. Siffermann are not disclosed in NAD’s proxy filings .
Equity Ownership & Alignment
| Metric | NAD |
|---|---|
| William A. Siffermann personal beneficial ownership | Not individually disclosed in proxy tables (officers reported only in aggregate) |
| Board Members and Executive Officers as a Group – NAD shares | 35,764 |
| Group ownership as % of outstanding shares | Less than 1% of each Fund’s outstanding shares (as of June 20, 2025) |
| Board Member investment principle | Board Members are expected to invest at least one year of compensation in funds overseen (applies to Board Members, not officers) |
| Pledging/hedging | Not disclosed for officers in proxy |
Employment Terms
| Term/Clause | Disclosure |
|---|---|
| Officer Title | Vice President |
| Principal Occupation | Senior Managing Director of Nuveen (past five years; info as of June 20, 2025) |
| Year of Birth | 1975 |
| Term of Office | Indefinite |
| Length of Service as Officer | Since 2017 |
| Election & Tenure Mechanics | Officers are elected annually by the Board and serve until successors are elected and qualified |
| Compensation Source | Officers receive no compensation from the Funds (compensated by Nuveen/TIAA) |
| Severance / Change-of-Control | Not disclosed in NAD proxy |
| Non-compete / Non-solicit / Garden leave | Not disclosed in NAD proxy |
| Clawbacks / Tax gross-ups | Not disclosed in NAD proxy |
| Section 16 compliance | Funds report compliance with applicable Section 16(a) filing requirements in the last fiscal year |
Investment Implications
- Pay-for-performance alignment cannot be assessed at the fund level: officers are compensated by Nuveen/TIAA and the NAD proxy does not disclose cash or equity incentive structures, metrics, vesting, or severance terms for Mr. Siffermann .
- Insider selling pressure and equity incentive overhang are likely minimal at the fund level: officers receive no compensation from the Funds and individual officer ownership is not disclosed; aggregate Board and officer ownership in NAD is 35,764 shares and remains under 1% of outstanding shares .
- Governance and continuity: Mr. Siffermann has served as a fund officer since 2017 and functions as Manager of Fund Board Relations for shareholder communications—indicating a steady governance infrastructure role rather than a performance-linked operating mandate .
- Monitoring focus: Given limited executive-specific economics in fund filings, monitor 8-K Item 5.02 updates for officer appointments/departures and Section 16 filings for ownership changes, noting the Funds’ stated compliance with Section 16 requirements .