David J. Lamb
About David J. Lamb
David J. Lamb serves as Chief Administrative Officer (Principal Executive Officer) of Nuveen S&P 500 Dynamic Overwrite Fund (SPXX), with a term indicated as “Indefinite” and length of service “Since 2015”; he is listed at 333 West Wacker Drive, Chicago, IL 60606 and his year of birth is 1963 . Officers are elected by the Board on an annual basis to serve until successors are elected and qualified . His principal occupations over the past five years include Senior Managing Director of Nuveen Fund Advisors, LLC; Senior Managing Director of Nuveen Securities, LLC; and Senior Managing Director of Nuveen, with previously held positions at Nuveen . The Funds have no employees, officers serve without any compensation from the Funds, and the Funds note compliance with Section 16(a) reporting for Board Members and officers during the last fiscal year .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen | Senior Vice President | 2006–2017 | Senior management role at Nuveen; promoted to Managing Director in 2017 |
| Nuveen | Vice President | Prior to 2006 | Pre-2006 leadership experience at Nuveen |
| Nuveen | Managing Director → Senior Managing Director | Since 2017 (Managing Director); Senior Managing Director since 2021 at Nuveen Securities; Senior Managing Director at Nuveen | Senior executive leadership across Nuveen affiliates |
External Roles
No external public company directorships or outside board roles for David J. Lamb are disclosed in the SPXX proxy; the officer listing provides only Nuveen-affiliated principal occupations .
Fixed Compensation
- Officers of the Funds, including David J. Lamb, receive no compensation from the Funds; the Funds have no employees .
- The Funds’ Chief Compliance Officer (CCO) compensation is paid by the Adviser (Nuveen), and the Funds reimburse an allocable portion of the Adviser’s cost of the CCO’s incentive compensation; no fund-paid salary or bonus is disclosed for other officers .
Performance Compensation
- No fund-level performance-based compensation (e.g., bonus metrics, RSUs/PSUs, options) is disclosed for officers; officers receive no compensation from the Funds .
Equity Ownership & Alignment
- The proxy provides Section 16(a) compliance disclosure stating Board Members and officers complied with ownership reporting requirements during the last fiscal year; individual officer beneficial ownership (including David J. Lamb) is not detailed in the proxy .
- A cross-fund beneficial ownership appendix presents positions primarily for Board Members; it does not provide a specific beneficial ownership breakdown for David J. Lamb in SPXX .
Employment Terms
| Item | Disclosure |
|---|---|
| Position | Chief Administrative Officer (Principal Executive Officer) |
| Term of Office | Indefinite |
| Length of Time Served | Since 2015 |
| Election | Officers are elected by the Board on an annual basis to serve until successors are elected and qualified |
| Employer of Record / Principal Occupations | Senior Managing Director of Nuveen Fund Advisors, LLC; Senior Managing Director of Nuveen Securities, LLC; Senior Managing Director of Nuveen; previously held various positions with Nuveen |
| Fund Employment Status | The Funds have no employees; officers serve without compensation from the Funds |
| Section 16(a) Compliance | Officers and Board Members complied with filing requirements during last fiscal year |
Investment Implications
- Pay-for-performance analysis at the fund level is not applicable: officers receive no compensation from the Funds, so there are no fund-paid salary, bonus, equity grants, vesting schedules, severance, or change-of-control terms to evaluate for alignment or potential insider selling pressure at SPXX .
- Retention risk appears modest from the fund’s perspective given the indefinite term, annual election, and Lamb’s long tenure since 2015; however, compensation and employment terms are determined by Nuveen (the Adviser), and those are not disclosed in the SPXX proxy, limiting visibility into Nuveen-level incentives and retention levers .
- Governance and compliance signals are neutral-to-positive: the proxy reports Section 16(a) compliance for officers and Board Members in the last fiscal year, indicating timely ownership reporting, though it does not specify David J. Lamb’s individual holdings or any pledging/hedging practices .
- Without disclosure of individual beneficial ownership or Nuveen-level compensation metrics, investors have limited ability to assess direct “skin-in-the-game” or pay design tied to TSR, revenue growth, or EBITDA; monitoring Nuveen/TIAA disclosures and any Form 4 activity would be necessary to refine alignment and trading signal analysis .