John M. McCann
About John M. McCann
John M. McCann serves as Vice President and Assistant Secretary of Nuveen Dynamic Municipal Opportunities Fund (NDMO) with an indefinite term; he has served since 2022. Biographical disclosures list him as Senior Managing Director and Division General Counsel of Nuveen, and Senior Managing Director, General Counsel and Secretary of Nuveen Fund Advisors, LLC, among other affiliated legal roles across Nuveen/TIAA entities; year of birth: 1975; principal office addresses in Charlotte, NC and Chicago, IL . Officers receive no compensation from the Funds, and the proxy does not disclose any executive performance metrics (TSR, revenue, EBITDA) tied to McCann’s role at NDMO .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen | Senior Managing Director, Division General Counsel | Past 5 years (as disclosed); current | Oversees legal division; supports fund governance across Nuveen closed-end complex . |
| Nuveen Fund Advisors, LLC | Senior Managing Director; General Counsel and Secretary | Past 5 years; current | Chief legal officer for adviser; drives policy, disclosure, and proxy processes for fund complex . |
| Nuveen Asset Management, LLC; Teachers Advisors, LLC; TIAA-CREF Investment Management, LLC | Senior Managing Director; Associate General Counsel; Assistant Secretary | Past 5 years; current | Legal governance across asset management affiliates; supports regulatory and fund operations . |
| TIAA SMA Strategies LLC; College Retirement Equities Fund; TIAA Separate Account VA-1; TIAA-CREF Funds; TIAA-CREF Life Funds; Teachers Insurance and Annuity Association of America; Nuveen Alternative Advisors LLC | Managing Director/Associate General Counsel/Assistant Secretary | Past 5 years | Legal and secretary functions for registered products and separate accounts; cross-platform governance . |
| NDMO | Vice President and Assistant Secretary | Since 2022; Term: Indefinite | Officer of the Fund; supports board processes and fund administration . |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| — | — | — | No external directorships or outside roles disclosed for McCann in NDMO proxy filings . |
Fixed Compensation
| Component | Paid by NDMO | Notes |
|---|---|---|
| Officer compensation (salary/bonus/fees) | $0 | “Officers receive no compensation from the Funds.” Officers are elected annually to serve until successors are elected and qualified . |
Performance Compensation
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| — | — | — | — | — | No fund-based incentive plan disclosures for officers; compensation is not paid by NDMO . |
Equity Ownership & Alignment
| Holder | NDMO Shares Owned | As-of Date | Notes |
|---|---|---|---|
| John M. McCann (individual) | Not individually disclosed | May 31, 2025 | Officer-level ownership is presented in aggregate; individual officer holdings for NDMO are not itemized in proxy tables . |
| All Board Members/Nominees and Officers (group) | 0 | May 31, 2025 | Group beneficial ownership table shows 0 shares for Dynamic Municipal Opportunities Fund as of May 31, 2025 . |
| Pledging/Hedging | Not disclosed | — | No pledging/hedging disclosures for officers in the proxy materials . |
| Section 16 compliance | In general, compliant | 2024 | Funds report Section 16 compliance across board members and officers, noting one late Form 4 filing by a different officer (David Lamb) for another fund, not NDMO . |
Employment Terms
- Appointment and term: Officers (including Assistant Secretaries) are appointed by the Trustees, typically for an indefinite term, and are elected annually to serve until successors are elected and qualified .
- Removal/Resignation: Officers may resign at any time by written notice; the Chief Administrative Officer, Controller, Vice Presidents, Treasurer, Secretary, or Chief Compliance Officer may be removed at any time, with or without cause, by resolution of a majority of Trustees present; other officers may be removed by the Chair, Chief Administrative Officer, or Trustees .
- Duties (Secretary/Assistant Secretary context): Secretary duties include maintaining minutes, notices, records, and filings; Assistant Secretaries support these functions under trustees/chair/CAO delegation .
- Compensation governance: The compensation, if any, of all officers is fixed by the Trustees; however, proxy explicitly states officers receive no compensation from the Funds .
- Contract terms, non-compete, severance/change-of-control: No employment agreements, severance, non-compete, non-solicit, change-of-control, or clawback terms disclosed for fund officers in the proxy filings .
Investment Implications
- Pay-for-performance linkage: There is no fund-level officer compensation for NDMO; thus, no direct alignment via NDMO salary/bonuses or fund-based equity awards. McCann’s compensation is at Nuveen/TIAA affiliates, outside the Fund’s disclosure—reducing utility of fund proxy for pay alignment analysis .
- Insider selling pressure: With group ownership disclosed as 0 for NDMO and no individual officer holdings itemized for McCann, near-term insider selling pressure signal is limited from fund officers; Section 16 compliance is broadly reported, with no McCann-specific issues disclosed .
- Retention and governance: Officers have indefinite terms and can be removed or resign with or without cause per by-laws, suggesting at-will administrative flexibility; absence of disclosed severance or change-of-control economics for officers implies low explicit retention cost risk at the fund level .
- Alignment: Lack of disclosed NDMO equity ownership by officers and no fund-paid compensation weakens direct fund-level alignment signals; governance relies on broader Nuveen/TIAA structures where McCann is a senior legal executive, indicating execution risk and incentives are embedded at the adviser/parent level rather than Fund-specific .