Mark J. Czarniecki
Vice President and Assistant Secretary at NUVEEN MASSACHUSETTS QUALITY MUNICIPAL INCOME FUND
Executive
About Mark J. Czarniecki
Mark J. Czarniecki is Vice President and Assistant Secretary of Nuveen Massachusetts Quality Municipal Income Fund (NMT), serving since 2013. He was born in 1979 and is based at 901 Marquette Avenue, Minneapolis, MN, reflecting a legal and fund administration leadership profile across Nuveen and TIAA affiliates (Managing Director and Assistant Secretary of Nuveen Securities, LLC and Nuveen Fund Advisors, LLC; Managing Director and Associate General Counsel at Nuveen and Nuveen Asset Management, LLC; and Managing Director, Associate General Counsel and Assistant Secretary at Teachers Advisors, LLC and TIAA‑CREF Investment Management, LLC) . The proxy does not disclose fund-level TSR, revenue, or EBITDA performance metrics tied to his role; fund officers serve the Funds without compensation, and performance outcomes are overseen by the independent Board and Adviser rather than fund officers .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Securities, LLC | Managing Director; Assistant Secretary | Since 2013 | Fund operations, governance, and execution support across closed-end fund complex |
| Nuveen Fund Advisors, LLC | Managing Director; Assistant Secretary | Since 2013 | Adviser-side administration and Board liaison for fund governance processes |
| Nuveen (parent) | Managing Director; Associate General Counsel | Since 2013 | Legal oversight, regulatory and compliance coordination for Nuveen funds |
| Nuveen Asset Management, LLC | Managing Director; Assistant Secretary; Associate General Counsel | Since 2013 | Investment oversight support within broader Nuveen enterprise |
| Teachers Advisors, LLC | Managing Director; Associate General Counsel; Assistant Secretary | Since 2013 | TIAA affiliate counsel role linked to Fund Complex governance |
| TIAA‑CREF Investment Management, LLC | Managing Director; Associate General Counsel; Assistant Secretary | Since 2013 | Cross-complex alignment and regulatory coordination |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Teachers Advisors, LLC | Managing Director; Associate General Counsel; Assistant Secretary | Since 2013 | Supports unified fund governance and regulatory alignment across the TIAA/Nuveen complex |
| TIAA‑CREF Investment Management, LLC | Managing Director; Associate General Counsel; Assistant Secretary | Since 2013 | Enhances enterprise-wide legal and compliance integration and fund reporting |
Fixed Compensation
- Officers of the Funds receive no compensation from the Funds. The Funds’ Chief Compliance Officer (CCO) is paid by the Adviser; the Funds reimburse an allocable portion of the Adviser’s cost of CCO incentive compensation .
- No disclosure of base salary, bonus percentages, or cash compensation for Mark J. Czarniecki at the Fund level; compensation arrangements, if any, are at Nuveen/TIAA affiliates rather than borne by NMT .
Performance Compensation
- No Fund-level incentive plans for officers are disclosed; therefore, no performance metrics, weightings, targets, actuals, payouts, or vesting schedules tied to NMT are available for Mark J. Czarniecki .
- CCO incentive compensation is paid by the Adviser with partial reimbursement by the Funds; this does not extend to general officers and no vesting/PSU/RSU detail is provided for Fund officers .
Equity Ownership & Alignment
| Item | Detail |
|---|---|
| Individual beneficial ownership (NMT) | Not enumerated for officers; Board Members report holdings, while “Board Members and executive officers as a group” beneficially owned less than 1% of each Fund’s shares as of Oct 22, 2025 . |
| Officers as a group (NMT) | 0 shares reported for NMT at Oct 22, 2025 (group total includes officers) . |
| Pledging/Hedging | No pledging or hedging by officers disclosed in the proxy; Section 16(a) filings were compliant in the last fiscal year . |
| Ownership guidelines | Investment expectation applies to Board Members (one year of compensation invested in funds), not to officers; no officer ownership guidelines disclosed . |
Employment Terms
| Term | Disclosure |
|---|---|
| Current role | Vice President and Assistant Secretary, NMT |
| Start date/tenure | Since 2013 (officer service in Nuveen fund complex) |
| Contract term | Officers elected annually by the Board to serve until successors are elected and qualified; term: indefinite |
| Compensation source | Officers receive no compensation from the Funds; CCO paid by Adviser with partial reimbursement |
| Severance/Change-in-control | Not disclosed for Fund officers |
| Clawbacks/Tax gross-ups | Not disclosed for Fund officers |
| Non-compete/Non-solicit | Not disclosed for Fund officers |
| Section 16 compliance | Board Members and officers complied with Section 16(a) filing requirements during the last fiscal year |
Investment Implications
- Pay-for-performance linkage at the Fund officer level is minimal: NMT does not compensate officers, limiting direct alignment of Mark J. Czarniecki’s compensation with Fund TSR or distribution outcomes; oversight and performance accountability reside with the independent Board and Adviser .
- Insider selling pressure risk appears low: officers and Board Members as a group reported 0 shares in NMT; no pledging or hedging is disclosed, and Section 16 compliance was affirmed—reducing trading-signal noise from insider transactions .
- Retention risk is low-to-moderate: tenure since 2013 across Nuveen/TIAA legal and administration roles suggests continuity; however, absence of Fund-level retention or severance economics means retention levers, if any, are at the adviser/affiliate level and not visible to Fund investors .
- Governance stability supports execution: robust committee structure and unified fund complex governance create process reliability around valuation, compliance, leverage, and distribution decisions, which are material levers for closed-end fund outcomes—even though they do not directly tie to officer pay .