Brian Lawrence
About Brian Lawrence
Brian H. Lawrence serves as Vice President and Assistant Secretary of Nuveen Municipal Credit Opportunities Fund (NMCO), an officer role he has held since 2023; he is also Vice President and Associate General Counsel at Nuveen and holds parallel legal officer roles at Teachers Advisors, LLC and TIAA‑CREF Investment Management, LLC . The proxy identifies his year of birth as 1982 and notes prior service as Corporate Counsel at Franklin Templeton (2018–2022) . Fund filings do not disclose TSR, revenue growth, or EBITDA growth tied to his individual performance; officers of the Funds receive no compensation from the Funds, and performance metrics for officer pay at the Adviser are not disclosed in NMCO’s proxy .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Franklin Templeton | Corporate Counsel | 2018–2022 | Legal counsel experience in large asset manager supporting fund governance and compliance |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen (parent of Adviser) | Vice President and Associate General Counsel | Not disclosed | Core legal leadership supporting Nuveen funds and related entities |
| Teachers Advisors, LLC / TIAA‑CREF Investment Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Not disclosed | Legal and officer roles across TIAA asset management complex |
Fixed Compensation
| Component | 2024 | Notes |
|---|---|---|
| Fund-paid officer compensation | $0 | Officers of the Funds serve without compensation from the Funds; CCO compensation is paid by the Adviser |
- No disclosure of Brian Lawrence’s base salary, target/actual bonus, or equity awards since officer pay is not borne by NMCO and Adviser-level compensation is outside the Fund’s proxy scope .
Performance Compensation
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not disclosed for Fund officers | — | — | — | — | — |
- The proxy provides no performance metrics (revenue, EBITDA, TSR, ESG) tied to Lawrence’s compensation at the Adviser, and the Funds do not pay officers .
Equity Ownership & Alignment
| Item | Value | As-of Date |
|---|---|---|
| Group beneficial ownership (Board Members/nominees and officers) – NMCO common shares | 0 | December 31, 2024 |
| Group ownership as % of outstanding shares | Less than 1% for each Fund | February 18, 2025 |
- Individual officer holdings are not itemized; only group-level ownership is provided. The Board maintains a governance principle expecting Board Members to invest at least the equivalent of one year of compensation in funds in the complex; this applies to Board Members, not Fund officers .
Employment Terms
| Item | Detail |
|---|---|
| Position with NMCO | Vice President and Assistant Secretary |
| Year of Birth | 1982 |
| Length of Service | Officer since 2023 |
| Term / Election | Officers are elected by the Board annually to serve until successors are elected and qualified; term otherwise indefinite |
| Employer and parallel roles | Vice President and Associate General Counsel at Nuveen; officer roles at Teachers Advisors, LLC and TIAA‑CREF Investment Management, LLC |
| Severance / Change-of-control | Not disclosed for Fund officers in NMCO proxy |
| Clawbacks / Hedging / Pledging | Not disclosed for officers in NMCO proxy |
| Section 16 compliance | Fund reports Board Members, officers, Adviser and affiliates complied with Section 16(a) filing requirements during last fiscal year |
Investment Implications
- Compensation alignment: As NMCO does not pay officers, the proxy does not provide salary/bonus/equity metrics for Lawrence; any pay-for-performance levers reside at Nuveen/TIAA, outside the Fund’s disclosures, limiting insight into executive incentives from a Fund shareholder perspective .
- Insider selling pressure: Group-level beneficial ownership in NMCO common shares is reported as zero, suggesting minimal direct skin-in-the-game among Board Members/nominees and officers at the Fund level; individual officer positions are not itemized, and Form 4 activity is not detailed in the proxy .
- Retention and contracts: Officer terms are annual and indefinite with no Fund-paid compensation, severance, or change-of-control economics disclosed for officers, implying retention drivers and protections are primarily set by the Adviser (Nuveen/TIAA) rather than the Fund .
- Governance and risk: Section 16 compliance is affirmed; no officer-specific hedging/pledging or clawback policies are disclosed in the proxy, constraining assessment of alignment safeguards at the officer level .