John M. McCann
About John M. McCann
John M. McCann serves as Vice President and Assistant Secretary of Nuveen Municipal Value Fund, Inc. (NUV), with an indefinite term and service since 2022 . He is a Senior Managing Director and Division General Counsel at Nuveen, and holds senior legal and secretary roles across Nuveen Fund Advisors, Nuveen Asset Management, Teachers Advisors, and TIAA-CREF Investment Management, among other TIAA/Nuveen affiliates . Year of birth: 1975; information as of June 20, 2025 . Fund officers receive no compensation from the Funds and the Funds have no employees; compensation for certain compliance roles is paid by the adviser, not the Funds . Performance metrics such as TSR, revenue, or EBITDA growth are not disclosed for fund officers in the proxy.
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen | Senior Managing Director; Division General Counsel | Past 5 years (as of 6/20/2025) | Leads legal division at Nuveen, supporting fund governance and regulatory compliance |
| Nuveen Fund Advisors, LLC | Senior Managing Director; General Counsel and Secretary | Past 5 years (as of 6/20/2025) | Oversees adviser’s legal function and fund secretary duties across Nuveen fund complex |
| Nuveen Asset Management, LLC | Senior Managing Director; Associate General Counsel; Assistant Secretary | Past 5 years (as of 6/20/2025) | Supports asset management legal operations and fund administration |
| Teachers Advisors, LLC | Senior Managing Director; Associate General Counsel; Assistant Secretary | Past 5 years (as of 6/20/2025) | Legal leadership for advisor to TIAA-CREF funds, aligning governance across complexes |
| TIAA-CREF Investment Management, LLC | Senior Managing Director; Associate General Counsel; Assistant Secretary | Past 5 years (as of 6/20/2025) | Advises on investment management legal and regulatory matters |
| Nuveen Alternative Advisors LLC | Managing Director; Associate General Counsel; Assistant Secretary | Past 5 years (as of 6/20/2025) | Legal oversight for alternative strategies within Nuveen/TIAA complex |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| TIAA SMA Strategies LLC | Managing Director; Assistant Secretary | Past 5 years (as of 6/20/2025) | Legal/secretarial roles supporting SMA products |
| College Retirement Equities Fund (CREF) | Managing Director; Associate General Counsel; Assistant Secretary | Past 5 years (as of 6/20/2025) | Governance and legal support for major retirement investment vehicles |
| TIAA Separate Account VA-1 | Managing Director; Associate General Counsel; Assistant Secretary | Past 5 years (as of 6/20/2025) | Legal and compliance support for insurance separate account products |
| TIAA-CREF Funds; TIAA-CREF Life Funds | Managing Director; Associate General Counsel; Assistant Secretary | Past 5 years (as of 6/20/2025) | Oversees fund governance and regulatory adherence across registered complexes |
| Teachers Insurance and Annuity Association of America (TIAA) | Managing Director; Associate General Counsel; Assistant Secretary | Past 5 years (as of 6/20/2025) | Legal leadership at parent institution, aligning fund complex governance |
Fixed Compensation
| Component | Disclosure | Notes |
|---|---|---|
| Fund-paid compensation | $0 | Officers receive no compensation from the Funds |
| Base salary | Not disclosed (paid by adviser) | The Funds have no employees; CCO comp is paid by the Adviser, indicating officer pay is at adviser level, not fund level |
| Target bonus % | Not disclosed | No officer incentive details disclosed by the Funds |
| Actual bonus paid | Not disclosed | No officer incentive details disclosed by the Funds |
| Perquisites | Not disclosed | No officer perquisite disclosures for Funds |
Performance Compensation
| Incentive Type | Metric(s) | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|---|
| Equity awards (RSUs/PSUs) | Not disclosed | — | — | — | — | — |
| Options | Not disclosed | — | — | — | — | — |
| Discretionary/Performance bonus | Not disclosed | — | — | — | — | — |
The proxy does not disclose any fund-level performance compensation structures for officers; officers are not compensated by the Funds .
Equity Ownership & Alignment
| Item | NUV-specific | Complex-wide context |
|---|---|---|
| Individual officer beneficial ownership (McCann) | Not individually disclosed | Beneficial ownership is tabulated for Board Members individually and for “All Board Members/Nominees and Officers as a Group” |
| Group holdings in NUV (Municipal Value) | 0 shares as of May 31, 2025 | Group holdings across other Nuveen funds include, for example, 28,757 shares of Credit Income and 8,988 shares of Municipal High Income |
| Pledging/hedging | Not disclosed | No officer pledging/hedging disclosures provided in proxy |
| Ownership guidelines | Board member deferred comp and ownership ranges disclosed; not applicable to officers | Independent Board Members’ deferred compensation plan and dollar ranges of equity securities are disclosed; officers are not covered |
Employment Terms
- Title and tenure: Vice President and Assistant Secretary; term indefinite; length of service since 2022 .
- Election and employment: Officers are elected annually by the Board, serve without compensation from the Funds; the Funds have no employees .
- Severance and change-of-control: No severance, change-of-control, accelerated vesting, or tax gross-up provisions are disclosed for officers at the fund level .
- Clawbacks and contracts: No officer clawback or personal employment contract terms are disclosed at the fund level .
- Deferred compensation: Deferred compensation plan applies to Independent Board Members, not officers .
Investment Implications
- Alignment and selling pressure: With $0 fund-paid compensation and no disclosed fund-level equity awards, McCann’s direct alignment to NUV shareholder returns via fund compensation or equity is limited; insider selling pressure from fund-issued equity is non-existent .
- Retention and continuity: As a senior legal executive at Nuveen/TIAA, retention risk is tied to the adviser’s employment context rather than NUV; the fund’s officer role has an indefinite term with annual election, suggesting stability in fund administration .
- Ownership signals: Individual officer holdings in NUV are not disclosed; group holdings in NUV are 0 shares as of May 31, 2025, offering no positive insider ownership signal at the fund level .
- Compensation/performance linkage: No fund-level pay-for-performance or vesting schedules exist for officers; therefore, traditional executive-compensation trading signals (e.g., option grant timing, PSU target revisions) are not applicable for NUV officers .