Mark Winget
About Mark Winget
Mark L. Winget (born 1968) serves as Vice President and Secretary of Nuveen New York Municipal Value Fund (NNY), with officer tenure since 2008 and an indefinite term. His principal occupations over the past five years include Vice President and Assistant Secretary roles at Nuveen Securities, LLC and Nuveen Fund Advisors, LLC; and Vice President, Associate General Counsel and Assistant Secretary roles at Nuveen Asset Management, LLC, Teachers Advisors, LLC, and TIAA‑CREF Investment Management, LLC; as well as Vice President and Associate General Counsel at Nuveen . NNY reported 18,886,052 common shares outstanding as of June 20, 2025 . Fund‑level TSR or operating performance metrics tied to Winget’s compensation are not disclosed; officers receive no compensation from the Fund .
Past Roles
| Organization | Role | Years | Evidence/Strategic Impact |
|---|---|---|---|
| Nuveen New York Municipal Value Fund (NNY) | Vice President and Secretary | Since 2008 (indefinite term) | Listed as VP & Secretary in DEF 14A; signatory on 8‑K (Board consolidation announcement) |
| Nuveen Securities, LLC | Vice President and Assistant Secretary | Since 2008 | Principal occupation disclosure |
| Nuveen Fund Advisors, LLC | Vice President and Assistant Secretary | Since 2019 | Principal occupation disclosure |
| Nuveen Asset Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Since 2020 | Principal occupation disclosure |
| Teachers Advisors, LLC; TIAA‑CREF Investment Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Current (last five years) | Principal occupation disclosure |
| Nuveen | Vice President and Associate General Counsel; formerly Assistant General Counsel | Associate General Counsel since 2019; Assistant General Counsel 2008–2016 | Officer biographies across proxies |
External Roles
No external directorships or outside roles are disclosed for Winget in NNY’s proxy or related filings .
Fixed Compensation
| Item | Detail | Source |
|---|---|---|
| Fund base salary | Officers receive no compensation from the Funds | |
| Target bonus % | Not disclosed for officers | |
| Actual bonus paid | Not disclosed for officers | |
| Stock awards (RSUs/PSUs) | Not disclosed for officers | |
| Option awards | Not disclosed for officers | |
| Deferred compensation | Available to Independent Board Members only; not applicable to officers |
Performance Compensation
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not disclosed for officers; Fund officers are not compensated by the Funds | — | — | — | — | — |
| Note | The proxy details Board member retainers/fees, but not officer performance pay; officers’ compensation is paid by the Adviser, not the Funds |
Equity Ownership & Alignment
| Item | Value | Source |
|---|---|---|
| NNY common shares outstanding (for context) | 18,886,052 | |
| Beneficial ownership by Board Members and officers as a group (NNY) | 0 shares; 0% of outstanding (0/18,886,052) | |
| Individual officer (Winget) holdings | Not separately disclosed | |
| Stock ownership guidelines | Board Members expected to invest at least one year of compensation in fund complex; does not apply to officers | |
| Pledging/hedging | Not disclosed for officers |
Employment Terms
| Term | Detail | Source |
|---|---|---|
| Role and title | Vice President and Secretary | |
| Term of office | Indefinite | |
| Length of service | Since 2008 | |
| Employment agreement | Not disclosed | |
| Severance provisions | Not disclosed | |
| Change‑of‑control economics | Not disclosed | |
| Clawback provisions | Not disclosed | |
| Non‑compete / non‑solicit / garden leave | Not disclosed | |
| Section 16(a) compliance | Funds report officers and Board Members complied with filing requirements in last fiscal year |
Performance & Track Record (Governance Activity)
| Governance Metric (NNY) | FY ended Feb 28/29, 2024 | Stub period Mar 1–Aug 31, 2024 |
|---|---|---|
| Regular Board meetings | 4 | 3 |
| Special Board meetings | 7 | 3 |
| Executive Committee meetings | 3 | 4 |
| Dividend Committee meetings | 10 | 4 |
| Compliance, Risk & Regulatory Oversight meetings | 4 | 2 |
| Audit Committee meetings | 14 | 7 |
| Nominating & Governance meetings | 6 | 2 |
| Investment Committee meetings | 3 | 2 |
| Closed‑End Fund Committee meetings | 4 | 2 |
Additional context:
- Winget signed NNY’s October 13, 2023 Form 8‑K announcing board consolidation across the Fund Complex .
- The proxy confirms officers serve without compensation from the Funds and the CCO’s pay is handled by the Adviser (with Fund reimbursement of allocable incentive costs) .
Investment Implications
- Pay‑for‑performance linkage: No officer compensation is paid by NNY, and no performance metrics (TSR, revenue/EBITDA growth) are attached to Winget’s pay in Fund disclosures—limiting compensation‑alignment signals at the Fund level .
- Insider selling pressure: Individual officer holdings are not disclosed; Board Members and officers as a group show zero NNY shares, implying limited direct “skin‑in‑the‑game” at the Fund, though Board Members must invest a year’s compensation across the Fund Complex .
- Retention risk: Indefinite term with service since 2008 suggests continuity; no severance or change‑of‑control provisions are disclosed for officers at the Fund level .
- Governance signal: Winget’s Secretary role and 8‑K signatory status during the 2023 board consolidation point to involvement in structural governance changes, not operational performance drivers .