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Roger W. Ferguson, Jr.

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Full Name: Roger W. Ferguson

Born: October 28, 1951, Washington, D.C., Washington, D.C., United States

Occupation: BusinesspersonLawyerEconomist

Job: Former President and CEO

Works for: TIAA

Primary Industry: Financial services

Nationality: American

Residence: New York, NY

Annual Income: (): ~ USD $1.20 Million

Roger W. Ferguson, Jr., is the former President and Chief Executive Officer of TIAA-CREF, provider of retirement services in the academic, research, medical, and cultural fields and a Fortune 100 financial services organization.

On November 17, 2020 Mr. Ferguson announced his intent to retire as President and CEO on March 31, 2021. The company's Board and Mr. Ferguson believe it is an appropriate time to identify a successor who can own TIAA's strategy for years to come and work with Mr. Ferguson to ensure an effective transition of leadership.

Mr. Ferguson served on President Obama’s Council on Jobs and Competitiveness as well as its predecessor, the Economic Recovery Advisory Board, and he co-chaired the National Academy of Sciences’ Committee on the Long-Run Macro-Economic Effects of the Aging U.S. Population.

Work Experience

  • President and CEO, TIAA

    Mr. Ferguson served as President and CEO of TIAA, the leading provider of retirement services in the academic, research, medical, and cultural fields and a Fortune 100 financial services organization. He served in that role for 13 years before stepping down in May 2021.

  • Head of Financial Services and Member of Swiss Re's Executive Committee, Swiss Re

    Mr. Ferguson was head of financial services for Swiss Re, Chairman of Swiss Re America Holding Corporation, and a member of the company's executive committee.

  • Vice Chairman of the Board of Governors, U.S. Federal Reserve System

    Mr. Ferguson formerly served as Vice Chairman of the Board of Governors of the U.S. Federal Reserve System. He was a voting member of the Federal Open Market Committee, served as Chairman of the Financial Stability Forum, and chaired Federal Reserve Board committees on banking supervision and regulation, payment system policy, and reserve bank oversight. Mr. Ferguson was the third Black American to serve on the Federal Reserve Board.

  • Associate & Partner, McKinsey & Company

    Mr. Ferguson was an Associate and Partner at McKinsey & Company from 1984 to 1997.

  • Attorney, Davis Polk & Wardwell LLP

    Mr. Ferguson began his career as an attorney at the New York City office of Davis Polk & Wardwell.

Board Memberships And Advisory Roles

  • Board Member, Alphabet, Inc.,

  • Board Member, General Mills, Inc,

  • Board Member, International Flavors & Fragrances, Inc.,

  • Board Member, Corning, Inc.,

  • Advisor, Brevan Howard Asset Management LLP,

  • Chairman, The Conference Board,

  • Board Member, Institute for Advanced Study,

  • Board Member, Memorial Sloan Kettering Cancer Center,

  • Advisor, President Obama’s Council on Jobs and Competitiveness, 1

  • Advisor, the Economic Recovery Advisory Board, 1

  • Co-chair, National Academy of Sciences’ Committee on the Long-Run Macro-Economic Effects of the Aging U.S. Population, 1

Philanthropy

  • Member, American Philosophical Society

  • Member, Economic Club of New York

  • Member, Council on Foreign Relations

  • Member, Group of Thirty

  • Chair, Business-Higher Education Forum

  • Board Member, American Council of Life Insurers

Education

  • PhD, Economics, Harvard University, 1981

  • Doctor of Jaw (J.D.), Law, Harvard University, 1979

  • Bachelor of Arts (B.A.), Economics, Harvard University, 1973

Related News

Related Links

  • LinkedIn

  • HistoryMakers Interview Ferguson has received the Distinguished Service Award from the Bond Market Association, the William F. Butler Memorial Award from the New York Association for Business Economics, the Renaissance Award from the Abyssinian Development Corporation, and the Frederick Heldering Global Leadership Award from the Global Interdependence Center. Ferguson is married to former United States Securities and Exchange Commission Commissioner Annette Nazareth.

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