Jon Meissner
About Jon Meissner
Jon Scott Meissner (born 1973) serves as Vice President and Assistant Secretary of Nuveen Municipal Credit Opportunities Fund (NMCO). He has been an officer in the Nuveen fund complex since 2019 and is a Managing Director focused on Mutual Fund Tax and Expense Administration across Nuveen/TIAA’s registered funds (CREF, TIAA‑CREF Funds, TIAA‑CREF Life Funds, and TIAA Separate Account VA‑1) and a Managing Director of Nuveen Fund Advisors, LLC, Teachers Advisors, LLC, and TIAA‑CREF Investment Management, LLC . NMCO reports that officers serve without compensation from the Fund; the Funds have no employees and officer compensation is not paid by NMCO .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen/CREF, TIAA‑CREF Funds, TIAA‑CREF Life Funds, TIAA Separate Account VA‑1 | Managing Director, Mutual Fund Tax & Expense Administration | Past five years | Tax and expense administration for registered funds |
| Nuveen Fund Advisors, LLC | Managing Director | Past five years | Not disclosed |
| Teachers Advisors, LLC | Managing Director | Past five years | Not disclosed |
| TIAA‑CREF Investment Management, LLC | Managing Director | Past five years | Not disclosed |
External Roles
No external directorships or committee roles are disclosed for Mr. Meissner in NMCO’s proxy statements .
Fixed Compensation
| Component | Disclosure |
|---|---|
| Base salary (paid by NMCO) | None – officers receive no compensation from the Funds |
| Target bonus / actual bonus (from NMCO) | Not applicable – no Fund-paid officer compensation |
| Perquisites (from NMCO) | Not applicable – officers not compensated by the Funds |
The Funds’ Chief Compliance Officer compensation is paid by the Adviser (Nuveen) with partial reimbursement by the Funds; this does not apply to Mr. Meissner’s role and NMCO does not report Fund-paid officer compensation .
Performance Compensation
| Incentive Type | Metric Linkage | Grant/Strike | Vesting | Payout/Value |
|---|---|---|---|---|
| Stock awards (RSUs/PSUs) from NMCO | Not disclosed / not applicable | Not disclosed | Not disclosed | Not disclosed |
| Options from NMCO | Not disclosed / not applicable | Not disclosed | Not disclosed | Not disclosed |
Equity Ownership & Alignment
| Metric | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|
| NMCO common shares beneficially owned – Board members and officers as a group (shares) | 0 | 0 |
- As of the 2025 record date, the Board Members and executive officers as a group beneficially owned less than 1% of the outstanding shares of each Fund .
- NMCO common shares outstanding: 54,801,890 (record date Jan 19, 2024 and Feb 18, 2025) .
- Pledging/hedging and officer-level stock ownership guidelines are not disclosed for officers; Board Members are expected to invest at least the equivalent of one year of Board compensation across the Nuveen Funds .
Employment Terms
| Term | Disclosure |
|---|---|
| Current role | Vice President and Assistant Secretary (officer) |
| Start as officer in complex | Since 2019 |
| Appointment/term | Officers are elected annually by the Board to serve until successors are elected and qualified; term otherwise indefinite |
| Severance / change‑of‑control | Not disclosed in NMCO filings |
| Clawbacks / gross‑ups | Not disclosed in NMCO filings |
Investment Implications
- Pay-for-performance and insider selling signals are limited: NMCO’s closed-end Fund structure reports no Fund-paid officer compensation, and group insider ownership in NMCO common shares is de minimis (0 shares at year-end 2023 and 2024) .
- Retention/contract risk appears low: officer roles are appointed annually, with no disclosed severance or change-of-control economics for Fund officers; the role is embedded within Nuveen/TIAA’s fund administration (tax/expense), not portfolio management .
- Governance and disclosure quality: Section 16 compliance was affirmed, and Board governance/committee structures are well-documented; however, officer-specific ownership, pledging, and incentive metrics are not disclosed, reducing alignment visibility for this role .