David Lamb
Chief Administrative Officer (Principal Executive Officer) at Nuveen Municipal Credit Opportunities Fund
Executive
About David Lamb
David J. Lamb is Chief Administrative Officer (principal executive officer) of Nuveen Municipal Credit Opportunities Fund and has served since 2015; his business address is 333 West Wacker Drive, Chicago, IL 60606 and year of birth is 1963 . He is a Senior Managing Director at Nuveen Fund Advisors, LLC, Nuveen Securities, LLC, and Nuveen, having held various positions at Nuveen over time . Fund-level TSR, revenue, or EBITDA growth metrics for his tenure are not disclosed in NMCO’s proxies.
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| Nuveen Fund Advisors, LLC | Senior Managing Director | Past five years (as disclosed) | Principal executive responsibilities for fund filings and controls |
| Nuveen Securities, LLC | Senior Managing Director | Past five years (as disclosed) | Oversight tied to fund administration and certifications |
| Nuveen (parent) | Senior Managing Director | Past five years (as disclosed) | Executive leadership across Nuveen funds |
External Roles
No external public company directorships or external roles for David Lamb are disclosed in NMCO’s proxy materials; officer listings focus on Nuveen roles .
Fixed Compensation
| Component | Fund-paid? | Notes |
|---|---|---|
| Officer compensation from the Fund | No | “The Funds have no employees. The officers of the Funds serve without any compensation from the Funds.” |
| CCO compensation (context) | Paid by Adviser | CCO compensation is paid by the Adviser with Board review/input; Fund may reimburse a portion of CCO incentive comp |
Performance Compensation
| Item | Disclosure |
|---|---|
| Clawbacks / Recovery of erroneously awarded compensation | “Not applicable” in NMCO semi-annual report (Item 18) |
| Annual/long-term incentive metrics (revenue, EBITDA, TSR, ESG) | Not disclosed for Fund officers; officers are compensated by Nuveen, not the Fund |
Equity Ownership & Alignment
| Metric | Disclosure |
|---|---|
| Beneficial ownership (individual officer) | Individual officer holdings are not itemized; as of Feb 18, 2025, each Board Member’s individual holdings were <1% of each Fund, and Board Members and executive officers as a group owned <1% of outstanding shares of each Fund |
| Pledging/hedging | Not disclosed in proxy/N-CSR materials for officers |
| Section 16 compliance | Funds state Board Members and officers complied with Section 16(a) filing requirements in the last fiscal year (and previous) |
Employment Terms
| Term | Detail |
|---|---|
| Title | Chief Administrative Officer (Principal Executive Officer) |
| Start date / tenure | Length of service since 2015; term of office: indefinite (officers elected annually to serve until successors are elected/qualified) |
| Certifications signed | SOX 302 and 906 certifications for N-CSR (e.g., April 30, 2024 and April 30, 2025 periods), signed as principal executive officer |
| N-PX signature | Signed NMCO Form N-PX as Chief Administrative Officer on 08/14/2025 |
| Employment agreement, severance, change-of-control | Not disclosed for Fund officers; officers are Nuveen personnel rather than Fund employees |
Track Record and Filings Activity
| Filing | Role | Date |
|---|---|---|
| Form N-CSR (SOX 906 certification) | Principal executive officer signatory | 2024-07-02 |
| Form N-CSR (SOX 302 certification) | Principal executive officer signatory | 2024-07-02 |
| Form N-CSRS (SOX 906 certification) | Principal executive officer signatory | 2025-07-07 |
| Form N-CSRS (SOX 302 certification) | Principal executive officer signatory | 2025-07-07 |
| Form N-PX (Annual proxy voting report) | Signed as Chief Administrative Officer | 2025-08-14 |
Investment Implications
- Pay-for-performance and selling pressure: Fund officers, including the CAO, receive no compensation from the Fund, and individual officer share ownership is not itemized; group ownership by Board Members and executive officers is <1%, suggesting limited direct stock-based selling pressure tied to Fund compensation .
- Governance and controls: Lamb’s recurring SOX certifications and role as principal executive officer indicate accountability for disclosure controls and financial reporting quality; KPMG’s internal control report noted no material weaknesses for Nuveen Funds including NMCO as of Oct 31, 2024 .
- Retention/contract economics: Employment contract specifics, severance, and change-of-control provisions for Lamb are not disclosed at the Fund level because officers are Nuveen personnel rather than Fund employees; retention and incentive levers likely reside with Nuveen, not NMCO .