Mark J. Czarniecki
About Mark J. Czarniecki
Mark J. Czarniecki is Vice President and Assistant Secretary of Nuveen Municipal Value Fund, Inc. (NUV), with a year of birth 1979 and service since 2013. He concurrently serves across Nuveen and TIAA affiliates, including Managing Director and Assistant Secretary of Nuveen Securities, LLC and Nuveen Fund Advisors, LLC; Managing Director and Associate General Counsel of Nuveen and Nuveen Asset Management, LLC; and Managing Director, Associate General Counsel and Assistant Secretary of Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC . Officers of the Funds receive no compensation from the Funds; performance-linked compensation metrics for officers are not disclosed in NUV’s proxy documents .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Securities, LLC | Vice President (2016–2022); Assistant Secretary (since 2016); Managing Director (since 2022) | 2016–present | — |
| Nuveen Fund Advisors, LLC | Vice President (2017–2022); Assistant Secretary (since 2017); Managing Director (since 2022) | 2017–present | — |
| Nuveen Asset Management, LLC | Vice President (2018–2022); Associate General Counsel & Assistant Secretary (since 2018); Managing Director (since 2022) | 2018–present | — |
| Nuveen (parent) | Vice President & Associate General Counsel (2013–2021); Managing Director & Associate General Counsel (since Jan 2022) | 2013–present | — |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| Teachers Advisors, LLC | Managing Director, Associate General Counsel & Assistant Secretary | Current (as disclosed) | Affiliate role within TIAA/Nuveen complex |
| TIAA-CREF Investment Management, LLC | Managing Director, Associate General Counsel & Assistant Secretary | Current (as disclosed) | Affiliate role within TIAA/Nuveen complex |
Fixed Compensation
- Officers of the Funds receive no compensation from the Funds; any compensation is paid by Nuveen/TIAA affiliates and not disclosed at the Fund level .
Performance Compensation
- No bonus targets, PSUs/RSUs, option grants, or performance metrics (e.g., TSR, revenue/EBITDA growth) are disclosed for Fund officers in NUV proxy materials .
Equity Ownership & Alignment
- Individual officer share ownership is not separately disclosed; beneficial ownership is presented for Board Members individually and for Board Members and officers as a group. As of May 31, 2025, the group reported 0 shares owned in Municipal Value (NUV) .
Employment Terms
| Item | Disclosure |
|---|---|
| Current Fund Role | Vice President and Assistant Secretary |
| Term of Office | Indefinite; officers elected annually by the Board |
| Length of Service | Since 2013 |
| Principal Address | 901 Marquette Avenue, Minneapolis, MN 55402 |
| Compensation at Fund Level | Officers receive no compensation from the Funds |
| Employment Agreement / Severance / CoC | Not disclosed in the Fund’s proxy/8-K filings |
| Clawback / Hedging / Pledging (personal) | Not disclosed; committee-level oversight references hedging/swaps at the fund level, not personal officer policies |
Investment Implications
- Pay-for-performance assessment is not possible at the Fund level: officer compensation is paid by Nuveen/TIAA affiliates and is not disclosed in NUV filings; no performance metric linkages or award structures are provided .
- Alignment via direct NUV equity ownership appears minimal at the disclosed level: Board Members and officers as a group reported 0 NUV shares as of May 31, 2025; individual officer holdings (including Mr. Czarniecki) are not itemized .
- Role profile is administrative/legal (Assistant Secretary/Associate General Counsel) rather than principal executive or principal financial officer, indicating limited direct levers over Fund operating performance; the Fund’s committees oversee portfolio performance, leverage, and hedging at the fund level .
- With tenure since 2013 and ongoing cross-entity responsibilities, retention risk tied to Fund-specific terms (e.g., severance/CoC) cannot be evaluated from NUV filings; no personal hedging/pledging disclosures or insider trading data appear in the Fund’s proxy/8-K materials .