William A. Siffermann
About William A. Siffermann
William A. Siffermann is Vice President of Nuveen Virginia Quality Municipal Income Fund (NPV) and a Senior Managing Director at Nuveen, with an indefinite officer term and length of service since 2017; his business address is 333 West Wacker Drive, Chicago, IL, and year of birth is 1975 . Officers of the Fund serve without compensation from the Fund; compensation, where applicable (e.g., for certain roles like the CCO), is paid by the Adviser/Nuveen and not disclosed in the Fund’s proxy statements . Shareholder communications and board nomination submissions for Nuveen closed-end funds are routed through Mr. Siffermann in his role as Manager of Fund Board Relations .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen | Senior Vice President | 2016–2017 | Progression into fund officer capacity and subsequent elevation reflects expanded governance responsibilities across Nuveen Funds. |
| Nuveen | Managing Director / Senior Managing Director | Since 2017 | Senior leadership role supporting oversight and administration of multiple Nuveen funds’ board and officer functions. |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen (Fund Board Relations) | Manager of Fund Board Relations (shareholder communications and nominations contact) | Documented 2023–2025 | Centralized intake for board communications and nominations, facilitating governance processes across Nuveen’s closed-end funds. |
Fixed Compensation
- Officers receive no compensation from the Funds; officer compensation (where applicable) is paid by the Adviser/Nuveen and not disclosed in the Fund proxy statements .
| Component | Disclosure Status |
|---|---|
| Base Salary | Not disclosed by the Fund (paid by Adviser/Nuveen) |
| Target Bonus % | Not disclosed by the Fund (paid by Adviser/Nuveen) |
| Actual Bonus Paid | Not disclosed by the Fund (paid by Adviser/Nuveen) |
Performance Compensation
- Not disclosed. Fund proxies do not present performance metrics or incentive plan details for fund officers; officer compensation resides at the Adviser/Nuveen level and is not included in the Fund’s proxy statement .
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not disclosed | — | — | — | — | — |
Equity Ownership & Alignment
- No beneficial ownership, RSU/PSU, or option positions for Mr. Siffermann are disclosed in the Fund proxy statements; Form 4 data was not available via our insider-trades tool during this session (access unauthorized), and the Fund proxies focus ownership alignment on Board Members rather than officers .
- Governance principle: Board Members are expected to invest at least one year of compensation in funds within the Fund Complex to align interests with shareholders (applies to Board Members, not officers) .
| Category | Disclosure Status |
|---|---|
| Total beneficial ownership | Not disclosed in Fund proxy |
| Vested vs unvested shares | Not disclosed |
| Options (exercisable/unexercisable) | Not disclosed |
| Shares pledged | Not disclosed |
| Ownership guidelines (officers) | Not disclosed; board member guideline exists |
Employment Terms
| Term Element | Disclosure |
|---|---|
| Officer term length | Indefinite (annual election by the Board; officers serve until successors are elected and qualified) |
| Length of service | Since 2017 |
| Employment start date | Year indicated via “Length of Service: Since 2017” |
| Severance | Not disclosed in Fund proxy |
| Change-in-control | Not disclosed in Fund proxy |
| Clawbacks | Not disclosed in Fund proxy |
| Non-compete / Non-solicit | Not disclosed in Fund proxy |
| Garden leave / Consulting post-termination | Not disclosed in Fund proxy |
Investment Implications
- Pay-for-performance alignment: Mr. Siffermann’s compensation is not paid by NPV and is not disclosed in the Fund proxy; officer pay resides at the Adviser/Nuveen level, limiting visibility into cash/equity mix, performance metrics, vesting schedules, and severance/change-of-control economics for Fund investors .
- Insider selling pressure: No Form 4 ownership or transaction data is disclosed in Fund proxies; without current Section 16 filings accessible, there is no evidence of pledging or insider selling from proxy materials .
- Retention/contract risk: Officer roles are appointed annually and described as having indefinite terms, with length of service since 2017; no severance or change-of-control terms are disclosed, reducing contractual analysis signals at the Fund level .
- Governance signal: Mr. Siffermann’s role as Manager of Fund Board Relations centralizes shareholder communications and nominations intake, indicating an operational governance function rather than a performance-tied economic role for the Fund .