Brian H. Lawrence
About Brian H. Lawrence
Brian H. Lawrence is Vice President and Assistant Secretary of Nuveen Municipal Value Fund, Inc. (NUV), serving since 2023; year of birth: 1982. He is Vice President and Associate General Counsel of Nuveen and holds parallel officer roles at Teachers Advisors, LLC and TIAA‑CREF Investment Management, LLC; previously Corporate Counsel at Franklin Templeton from 2018–2022 . Officers of the Fund receive no compensation from NUV (the Fund has no employees), and no fund-level performance metrics tied to his role are disclosed . The proxy discloses less than 1% aggregate beneficial ownership by Board Members and officers, with the group owning 0 NUV common shares as of May 31, 2025 and May 31, 2024, indicating limited direct equity alignment at the Fund level .
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| Franklin Templeton | Corporate Counsel | 2018–2022 | Legal counsel in asset management; supports regulatory compliance and governance |
External Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| Nuveen (TIAA affiliate) | Vice President & Associate General Counsel | 2023–present | Legal leadership supporting funds’ governance and regulatory obligations |
| Teachers Advisors, LLC | Vice President, Associate General Counsel & Assistant Secretary | 2023–present | Legal oversight for affiliated mutual funds and accounts |
| TIAA‑CREF Investment Management, LLC | Vice President, Associate General Counsel & Assistant Secretary | 2023–present | Product and fund documentation, compliance, and governance |
Fixed Compensation
| Component | NUV disclosure | Notes |
|---|---|---|
| Base salary | Not paid by NUV | Fund officers serve without compensation from the Fund; NUV has no employees |
| Cash bonus | Not paid by NUV | No fund-level bonus disclosed; officers’ compensation is borne by the Adviser (Nuveen) |
| Pension/SERP | None at NUV | The Funds do not have retirement or pension plans |
| Deferred comp | N/A for officers | Deferred comp plan applies to Independent Board Members, not officers |
Performance Compensation
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not disclosed for Fund officers | — | — | — | — | — |
The Fund does not disclose incentive frameworks, performance metrics, or vesting terms for officers; compensation is paid by the Adviser, with only the CCO’s incentive reimbursement noted at the Fund level .
Equity Ownership & Alignment
| Item | Disclosure |
|---|---|
| Total beneficial ownership (Brian H. Lawrence) | Not individually disclosed; officers as a group own less than 1% of shares of each Fund |
| NUV shares owned (group of Board Members and officers) | 0 common shares as of May 31, 2025 and May 31, 2024 |
| Vested vs unvested shares | Not disclosed |
| Options/RSUs | Not disclosed |
| Shares pledged or hedged | Not disclosed |
| Ownership guidelines | Governance principle applies to Board Members (expected to invest ≥ one year of compensation in Fund Complex); no guideline disclosed for officers |
Employment Terms
| Term | Detail |
|---|---|
| Officer positions | Vice President & Assistant Secretary of NUV |
| Start date | Serving since 2023 |
| Term length | Indefinite; officers elected annually by the Board to serve until successors are elected and qualified |
| Employment contract | Not disclosed |
| Severance / change-of-control | Not disclosed |
| Non-compete / non-solicit / garden leave | Not disclosed |
| Post-termination consulting | Not disclosed |
Investment Implications
- Compensation alignment and trading signals: With no fund-paid compensation, no disclosed equity awards, and zero group ownership of NUV common shares, there is minimal direct pay-for-performance linkage or insider selling pressure tied to NUV shares from officers; any compensation levers exist at the Adviser (Nuveen/TIAA) rather than NUV, reducing fund-level trading signal value .
- Retention risk: The role is legal/secretarial and elected annually; absence of disclosed employment agreements, severance, or change-of-control terms limits visibility into retention economics, but also suggests standard corporate governance officer tenure rather than incentive-driven turnover risk at the Fund level .
- Governance: Board Members have a principle to invest at least one year of compensation in the Fund Complex, enhancing general alignment at the board level; however, this does not extend to officers, and officers’ aggregate ownership in NUV is 0, providing limited fund-specific alignment for this role .
Sources: NUV 2025 DEF 14A (Officers, Compensation, Ownership) ; NUV 2024 DEF 14A (Officers, Ownership) .