Tina Lazar
About Tina Lazar
Tina M. Lazar (born 1961) serves as Vice President of Nuveen Select Maturities Municipal Fund (NIM) and is a long‑tenured fund officer, having served since 2002; her principal occupation is Managing Director of Nuveen Securities, LLC . Officers of the Fund receive no compensation from the Fund itself, and the proxy does not disclose individual officer compensation elements or performance‑linked pay at the Fund level . Prior SEC proxy disclosures indicate Lazar has been Managing Director since 2017 and previously served as Senior Vice President from 2014–2017 at Nuveen Securities, LLC . Public profiles attribute a Bachelor’s degree from the University of St. Francis and compliance/AML responsibilities in her Nuveen career, consistent with her principal occupation listed in Fund filings .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Securities, LLC | Managing Director | Since 2017 | Principal occupation disclosed for Fund officer role; no separate “impact” narrative provided in filings |
| Nuveen Securities, LLC | Senior Vice President | 2014–2017 | Senior officer capacity preceding current MD role; filings do not quantify impact |
| Nuveen Closed‑End Funds | Authorized Officer (executed agreements on behalf of closed‑end funds) | 2016 | Authorized signatory on fund agreements, evidencing fiduciary operational responsibility |
| Nuveen Select Maturities Municipal Fund (NIM) | Vice President | Since 2002 | Officer service for NIM; principal occupation at Nuveen Securities supports Fund operations |
External Roles
No public company board or external directorships are disclosed for Lazar in NIM’s proxy materials; officer disclosures are limited to positions, terms, and principal occupation, with officers receiving no compensation from the Fund .
Fixed Compensation
- Officers of the Nuveen closed‑end funds, including Lazar, “serve without any compensation from the Funds”; only the Chief Compliance Officer’s compensation is paid by the Adviser and partially reimbursed by the Funds .
- The proxy does not disclose Lazar’s base salary, bonus, or equity from Nuveen/TIAA, as these are outside Fund‑level reporting scope .
Performance Compensation
- No Fund‑level disclosure ties Lazar’s pay to performance metrics such as revenue growth, EBITDA, TSR, or ESG goals; officers are not compensated by the Fund .
- Accordingly, the proxy contains no quantitative incentive targets, weightings, vesting schedules, or payouts for Lazar .
Equity Ownership & Alignment
| Metric | As of Date | Value |
|---|---|---|
| Board Members and Officers as a Group – NIM common shares owned | May 31, 2025 | 0 |
| NIM common shares outstanding | June 20, 2025 | 12,446,597 |
| Group ownership as % of outstanding | Derived | 0.00% (0 / 12,446,597) |
- Individual officer beneficial ownership (including Lazar) is not itemized; proxies state each Board Member’s individual holdings are <1% of outstanding, but do not provide officer‑by‑officer detail .
Employment Terms
- Position: Vice President of NIM; principal occupation: Managing Director, Nuveen Securities, LLC .
- Term: Indefinite; Length of Service: Since 2002 (officers elected annually by the Board to serve until successors are elected and qualified) .
- Fund has no employees; officers serve without Fund compensation; employment contracts, severance, change‑of‑control, non‑compete/non‑solicit, pledging/hedging policies, clawbacks, or ownership guidelines for officers are not disclosed at the Fund level .
Investment Implications
- Pay‑for‑performance assessment at the Fund level is not possible for Lazar because officers do not receive compensation from the Fund and no incentive metric disclosures exist; thus, standard trading signals tied to executive equity vesting or insider selling pressure are not available from Fund filings .
- Alignment via direct Fund ownership appears minimal at the group level (0 shares owned by Board Members and officers collectively for NIM), which is typical for investment company officers whose compensation and equity, if any, are at the Adviser rather than the Fund; filings do not itemize Lazar’s personal Fund holdings .
- Retention risk appears low based on long tenure (service since 2002) and continued principal occupation as Managing Director of Nuveen Securities; any material changes would likely surface via Item 5.02 8‑K updates or future proxy officer tables, which should be monitored .
- Governance oversight is robust through standing committees (Audit; Compliance, Risk Management & Regulatory Oversight; Dividend; Investment; Nominating & Governance; Closed‑End Fund Committee), reducing operational and compliance execution risk pertinent to officer responsibilities; officers themselves are subject to Section 16/30(h) reporting, with the Funds indicating compliance in recent periods .
Supporting references on role and background: Lazar is listed as Vice President (NIM) and Managing Director of Nuveen Securities, LLC in the 2025 DEF 14A ; prior DEF 14A discloses MD since 2017 and SVP 2014–2017 ; external profile cites University of St. Francis education and compliance/AML experience ; a market profile page also lists Lazar among NIM key executives .