Kevin J. McCarthy
Vice President and Assistant Secretary at NUVEEN MASSACHUSETTS QUALITY MUNICIPAL INCOME FUND
Executive
About Kevin J. McCarthy
Kevin J. McCarthy is Vice President and Assistant Secretary of Nuveen Massachusetts Quality Municipal Income Fund (NMT). He has served as an officer in the Nuveen fund complex since 2007 and was born in 1966, with current responsibilities spanning legal, governance, and secretary roles across numerous Nuveen/TIAA-affiliated entities . The Funds have no employees and officers serve without compensation from the Funds, so fund-level pay-for-performance metrics, TSR, revenue growth, or EBITDA growth are not attributed to or disclosed for officers in the proxy .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| NWQ Investment Management Company, LLC | Vice President | 2007–2021 | Not disclosed in proxy |
| NWQ Investment Management Company, LLC | Secretary | 2016–2021 | Not disclosed in proxy |
| Santa Barbara Asset Management, LLC | Vice President | 2007–2021 | Not disclosed in proxy |
| Santa Barbara Asset Management, LLC | Secretary | 2016–2021 | Not disclosed in proxy |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Investments, Inc. | Executive Vice President, Secretary and General Counsel | Not disclosed | Legal, governance leadership for Nuveen complex (general titles only) |
| Nuveen Securities, LLC | Executive Vice President and Assistant Secretary | Not disclosed | Not disclosed in proxy |
| Nuveen Fund Advisors, LLC | Executive Vice President and Assistant Secretary | Not disclosed | Not disclosed in proxy |
| Nuveen Asset Management, LLC | Executive Vice President and Secretary | Not disclosed | Not disclosed in proxy |
| Teachers Advisors, LLC | Executive Vice President and Secretary | Not disclosed | Not disclosed in proxy |
| TIAA-CREF Investment Management LLC | Executive Vice President and Secretary | Not disclosed | Not disclosed in proxy |
| Nuveen Alternative Investments, LLC | Executive Vice President and Secretary | Not disclosed | Not disclosed in proxy |
| TIAA-CREF Funds | Executive Vice President, Associate General Counsel and Assistant Secretary | Not disclosed | Not disclosed in proxy |
| TIAA-CREF Life Funds | Executive Vice President, Associate General Counsel and Assistant Secretary | Not disclosed | Not disclosed in proxy |
| Winslow Capital Management, LLC | Vice President and Secretary | Not disclosed | Not disclosed in proxy |
Fixed Compensation
- Officers of the Funds (including Kevin J. McCarthy) receive no compensation from the Funds; the Funds have no employees. The CCO’s compensation is paid by the Adviser, with the Funds reimbursing an allocable portion of the Adviser’s cost of CCO incentive compensation .
Performance Compensation
- No performance-based compensation (bonuses, RSUs/PSUs, options) is disclosed at the Fund level for officers; compensation is not paid by the Funds and no officer incentive metrics or vesting schedules are reported in the proxy .
Equity Ownership & Alignment
| Item | As of Oct 22, 2025 |
|---|---|
| Officers (as a group) beneficial ownership of NMT Common Shares | 0 shares |
| Ownership as % of shares outstanding | Less than 1% for Board Members and executive officers as a group (board-wide statement); officers group specifically shown as 0 shares in Appendix A |
| Pledging/Hedging by officers | Not disclosed in proxy |
| Stock ownership guidelines | Governance principle applies to Board Members (expected to invest ≥ one year of board compensation), not officers |
Employment Terms
- Employment agreements, severance, change-of-control economics, clawbacks, non-compete/non-solicit, garden leave, consulting arrangements for Fund officers are not disclosed in the proxy or related 8-Ks; Item 5.02 8-K discusses board consolidation rather than officer employment terms .
Investment Implications
- Pay-for-performance alignment at the Fund level is limited: officers receive no fund-paid compensation and officers as a group hold 0 NMT shares, indicating minimal direct fund-level incentive or insider selling pressure reflected in the Fund’s disclosures .
- Retention risk, compensation structure, and potential severance/change-of-control economics for Kevin J. McCarthy would be governed by Nuveen/TIAA policies, which are not disclosed in these Fund documents; thus, trading signals from officer pay structures are not available at the Fund level .
- Governance continuity: Kevin is listed among designated proxy holders for the Fund’s annual meetings, reflecting ongoing legal/secretarial execution roles within Nuveen’s fund governance framework, but this does not carry compensation or performance signals at the Fund level .