Jon Scott Meissner
About Jon Scott Meissner
Jon Scott Meissner serves as Vice President and Assistant Secretary of the Nuveen Virginia Quality Municipal Income Fund (NPV). He was born in 1973 and has served as a fund officer in the Nuveen fund complex since 2019, with an indefinite term under annual Board election of officers . His principal role is Managing Director for Mutual Fund Tax and Expense Administration across Nuveen’s College Retirement Equities Fund, TIAA‑CREF Funds, TIAA‑CREF Life Funds, and TIAA Separate Account VA‑1, and he is also a Managing Director of Nuveen Fund Advisors, LLC; he previously held various roles at Nuveen/TIAA . Fund officers receive no compensation from the Funds themselves; compensation for the Chief Compliance Officer is paid by the Adviser, with partial reimbursement of incentive costs, indicative of adviser‑level pay structures rather than fund‑level pay‑for‑performance .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen/TIAA | Various positions prior to current Managing Director role | Not disclosed | Experience rooted in mutual fund tax and expense administration; operational leadership across multiple registered fund complexes |
External Roles
No external directorships or committee roles for Jon Scott Meissner are disclosed in NPV’s proxy materials .
Fixed Compensation
- Officers receive no compensation from the Funds; the Chief Compliance Officer is paid by the Adviser (Nuveen Fund Advisors, LLC), with the Funds reimbursing an allocable portion of incentive compensation. Compensation for other officers (including Mr. Meissner) is not reported at the fund level, implying adviser‑level employment and pay structures rather than fund‑level pay‑for‑performance .
Performance Compensation
- No fund‑level performance incentives (bonus metrics, PSUs, options, or ESG‑linked metrics) are disclosed for fund officers. The proxy indicates officers are unpaid by the Funds and does not present officer‑specific incentive frameworks, vesting schedules, or targets/payouts for NPV .
Equity Ownership & Alignment
| Item | Value | Notes |
|---|---|---|
| Individual beneficial ownership (NPV) | Not disclosed | Officer‑level holdings are not individually itemized in NPV’s materials; ownership is presented for Board Members and officers as a group . |
| Officers and Board group holdings (NPV) | 0 shares | As of December 31, 2024, group beneficial ownership in NPV was 0 shares . |
| Group ownership % of each Fund | <1% | As of February 18, 2025, Board Members and executive officers as a group beneficially owned less than 1% of outstanding shares of each Fund . |
| Pledged shares | Not disclosed | No pledging disclosures are presented for Mr. Meissner . |
| Ownership guidelines | Board Members | Nuveen Funds boards expect each Board Member to invest at least one year of compensation in funds in the complex; guidance applies to Board Members, not officers . |
Employment Terms
| Term Element | Disclosure |
|---|---|
| Current Title | Vice President and Assistant Secretary |
| Principal Occupation | Managing Director, Mutual Fund Tax and Expense Administration (CREF, TIAA‑CREF Funds/Life, VA‑1); Managing Director, Nuveen Fund Advisors, LLC |
| Start of service as officer | Since 2019 |
| Contract term | Indefinite; officers elected annually to serve until successors are elected and qualified |
| Compensation source | Officers unpaid by Funds; CCO paid by Adviser with partial reimbursement; officer compensation otherwise not disclosed at fund level |
| Severance/Change‑of‑Control | Not disclosed for officers |
| Non‑compete/Non‑solicit/Garden leave | Not disclosed |
| Section 16 compliance | Funds report compliance by Board Members and officers with Section 16(a) filing requirements in the last fiscal year |
Investment Implications
- Pay‑for‑performance linkage at the fund level is limited for officers: NPV discloses that officers receive no compensation from the Funds, and it provides no officer bonus, equity, or performance metric detail, indicating compensation alignment—if any—resides at the Adviser (Nuveen/TIAA) rather than the Fund, reducing fund‑level pay‑signal utility for Mr. Meissner .
- Alignment via share ownership appears limited: Board Members and executive officers as a group owned less than 1% of each Fund as of February 18, 2025, and group holdings in NPV were 0 shares as of December 31, 2024, suggesting minimal insider ownership‑based alignment or selling pressure signals for NPV at the fund level .
- Retention/transition risk indicators are modest at the fund level: Mr. Meissner’s officer role is indefinite and subject to annual Board election, with no disclosed employment agreement terms, severance, or change‑of‑control economics; this standard structure implies routine governance without explicit retention levers or golden parachute risk at the Fund .
- Governance environment context: The fund complex undertook board consolidation and independent oversight enhancements in 2023–2024, but these relate to trustees rather than officers; Section 16 compliance was affirmed, pointing to routine regulatory adherence without disclosed legal or related‑party red flags for officers in NPV’s proxy materials .