John McCann
About John McCann
John M. McCann (born 1975) serves as Vice President and Assistant Secretary of the Nuveen Select Maturities Municipal Fund (NIM) with an indefinite term; he has served as an officer in the Nuveen fund complex since 2022 . His core credentials are legal and governance: Senior Managing Director and Division General Counsel at Nuveen; General Counsel and Secretary of Nuveen Fund Advisors, LLC; and Associate General Counsel/Assistant Secretary roles across Nuveen Asset Management, Teachers Advisors, TIAA-CREF Investment Management, and related TIAA/Nuveen entities . Fund filings do not disclose executive pay plans, performance targets, or TSR/EBITDA/revenue metrics tied to Mr. McCann; the Funds have no employees and officers serve without compensation from the Funds .
Past Roles
| Organization | Role/Title | Years | Strategic Impact |
|---|---|---|---|
| Nuveen (enterprise) | Senior Managing Director; Division General Counsel | Past 5 years (disclosed as current/recent) | Enterprise-level legal leadership and governance across the Nuveen/TIAA funds platform . |
| Nuveen Fund Advisors, LLC | Senior Managing Director; General Counsel and Secretary | Past 5 years (disclosed as current/recent) | Legal, corporate governance and fund complex oversight at the adviser . |
| Nuveen Asset Management, LLC | Senior Managing Director; Associate General Counsel; Assistant Secretary | Past 5 years (disclosed as current/recent) | Product/fund documentation, regulatory and governance support . |
| Teachers Advisors, LLC; TIAA-CREF Investment Management, LLC | Senior Managing Director; Associate General Counsel; Assistant Secretary | Past 5 years (disclosed as current/recent) | Legal oversight across affiliated managers serving the fund family . |
| TIAA SMA Strategies LLC | Managing Director; Assistant Secretary | Past 5 years (disclosed as current/recent) | Governance/secretarial functions for SMA platform . |
| 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 (disclosed as current/recent) | Fund governance and legal administration across multiple TIAA/Nuveen registered vehicles . |
| Nuveen Select Maturities Municipal Fund (NIM) | Vice President and Assistant Secretary | Since 2022 | Officer of the Fund; governance/secretarial responsibilities (no fund-paid compensation) . |
External Roles
- None disclosed for this officer in the Fund’s proxy documents; his disclosed roles are within TIAA/Nuveen affiliates and registered fund entities .
Fixed Compensation
The Funds disclose that officers receive no compensation from the Funds; the Funds have no employees. The CCO is paid by the Adviser (Nuveen Fund Advisors) and a portion of the CCO’s incentive compensation is reimbursed by the Funds; no other officer compensation details are provided.
| Item | 2025 Disclosure |
|---|---|
| Fund-paid base salary | $0 (officers serve without any compensation from the Funds) . |
| Target bonus % (Fund) | Not applicable; no fund-paid officer bonuses disclosed . |
| Actual bonus paid (Fund) | Not applicable; no fund-paid officer bonuses disclosed . |
| Cash perquisites (Fund) | Not disclosed; not paid by the Fund . |
| Who pays executive comp | Adviser (Nuveen Fund Advisors) pays CCO; other officer comp not disclosed; Funds reimburse an allocable portion of CCO incentive comp . |
Performance Compensation
| Incentive Type | Plan Metrics | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|---|
| Fund-level STI/LTI for officers | Not disclosed; no fund-paid officer incentive programs are reported | — | — | — | — | — . |
| Stock/option awards in the Fund | None disclosed for officers; officers are Adviser employees; the Funds do not grant equity awards to officers | — | — | — | — | — . |
The proxy does not describe revenue/EBITDA/TSR or other performance metrics tied to Mr. McCann’s pay. Officers are compensated by TIAA/Nuveen affiliates, not the Funds .
Equity Ownership & Alignment
| Measure (as of dates shown) | NIM (Select Maturities) | Source/Notes |
|---|---|---|
| Common shares outstanding (NIM) | 12,446,597 | Shares outstanding listed in proxy . |
| John McCann – beneficial ownership in NIM | Not individually disclosed; officers are grouped with Board Members | Officer holdings are not broken out individually in the proxy . |
| All Board Members and Officers as a Group – NIM shares | 0 | “Select Maturities (NIM)” group holdings shown as 0 as of May 31, 2025 . |
| Ownership as % of outstanding | Less than 1% (Board Members and executive officers as a group for each Fund) | As of June 20, 2025, the Board Members and executive officers as a group beneficially owned less than 1% of outstanding shares of each Fund . |
| Stock ownership guidelines | Board Member principle: invest at least the equivalent of one year of compensation in the funds in the Fund Complex | Applies to Independent Board Members; not stated for officers . |
| Pledging/hedging by insiders | No pledging/hedging policies for officers disclosed in the Fund proxy | No such disclosures found in the proxy . |
Employment Terms
| Term | Detail | Evidence |
|---|---|---|
| Officer title | Vice President and Assistant Secretary | Listed in officer roster . |
| Term and tenure | Term: Indefinite; Length of service: Since 2022 (Nuveen fund complex officer) | Officer table entry . |
| Employment agreement | Not disclosed in Fund filings (officers are employees of TIAA/Nuveen affiliates) | Proxy narrative on no Fund employees; officers unpaid by the Fund . |
| Severance / Change-in-control | Not disclosed in Fund filings | No such provisions disclosed in proxy . |
| Clawbacks, tax gross-ups, deferred comp (officers) | Not disclosed in Fund filings (Board member deferred fee plan is separate and for Independent Board Members) | Officer comp not disclosed; board deferred comp described separately . |
Investment Implications
- Compensation alignment: At the Fund level, there is no officer compensation—officers, including McCann, receive no pay, equity or options from NIM; therefore, there are no Fund-level pay-for-performance levers or vesting-related selling pressure tied to NIM . Any incentives reside at TIAA/Nuveen (not disclosed here).
- Ownership/skin-in-the-game: Officer ownership in NIM is not individually disclosed; the group of Board Members and officers collectively held 0 NIM shares as of May 31, 2025, and less than 1% across each Fund—limiting direct alignment via NIM share ownership for this officer .
- Trading signals: Lack of fund-granted equity/option awards and zero reported group holdings in NIM point to minimal insider selling pressure related to vesting events for this officer; no Form 4 activity is presented in these fund proxies .
- Retention/transition risk: McCann’s role is legal/governance-focused across the Nuveen/TIAA platform with an indefinite officer term since 2022; retention economics (severance, CIC) are not disclosed in Fund filings, implying any such terms are at the Nuveen/TIAA employer level rather than NIM .
- Execution risk: As a legal executive/officer rather than a portfolio manager, McCann’s influence is on governance, regulatory compliance, and fund administration; direct links to portfolio performance metrics (TSR, revenue, EBITDA) are not disclosed in relation to his role .