TIAA CEO – Roger Ferguson (Age – 74)

Leadership Update: Roger W. Ferguson Jr. is no longer the CEO of TIAA. He retired in May 2021 after 13 years leading the organization. Thasunda Brown Duckett succeeded him as President & CEO.

Read the current CEO profile: TIAA CEO Thasunda Brown Duckett – Email, Net Worth & Salary

TIAA (Teachers Insurance and Annuity Association of America) is a Fortune 100 financial services organization that manages over $1.5 trillion in assets for more than 5 million participants across 15,000 academic, research, medical, cultural, and governmental institutions. Former TIAA CEO Roger W. Ferguson Jr. served as President and Chief Executive Officer from April 2008 until his retirement in May 2021. A distinguished economist, attorney, and former Vice Chairman of the Federal Reserve, Ferguson guided TIAA through the 2008 financial crisis, grew assets under management past the $1 trillion milestone, and earned the organization top ratings from all three major insurance rating agencies. TIAA and Ferguson made history as the first Fortune 500 company to have two consecutive Black CEOs when Thasunda Brown Duckett succeeded him.

Read on to learn about former TIAA CEO Roger Ferguson net worth in 2026, his salary and compensation history, career timeline from the Federal Reserve to Wall Street boardrooms, wife & family details, and more.
Roger Ferguson TIAA CEO
Roger W. Ferguson Jr., Former President & CEO of TIAA • Photo: TIAA

Roger W. Ferguson Jr. – Quick Facts

Roger W. Ferguson Jr. — At a Glance
Full Name Roger Walton Ferguson Jr.
Position Former President & Chief Executive Officer
Company TIAA (Fortune 100)
Age 74 years (born October 28, 1951)
Education B.A., J.D. & Ph.D. — Harvard University; Pembroke College, Cambridge
Net Worth (Est. 2026) $15–25 Million
Final TIAA Compensation ~$22.4 Million (2020)
CEO Tenure April 2008 – May 2021 (13 years)
Previous Role Head of Financial Services, Swiss Re
Current Boards Alphabet, Corning, General Mills, Klarna
LinkedIn Roger W. Ferguson Jr.

TIAA Competitors

TIAA operates in the highly competitive retirement services and financial services industry. The key competitors of TIAA include:

  • Fidelity Investments – leading provider of retirement plans and investment management
  • Vanguard Group – major low-cost investment and retirement services provider
  • Prudential Financial – insurance, retirement, and investment management
  • BlackRock – world’s largest asset manager
  • Voya Financial – retirement, investment, and insurance solutions
  • Charles Schwab – brokerage, retirement, and wealth management
  • Empower Retirement – major retirement plan recordkeeper
  • New York Life – mutual insurance and retirement services

Roger Ferguson Net Worth 2026 – TIAA CEO Salary

As of 2026, Roger W. Ferguson Jr.’s net worth is estimated at approximately $15–25 million USD. This figure reflects his 13-year tenure as TIAA CEO (where he earned over $20 million annually), his disclosed stock holdings in companies where he serves as a board member (including Alphabet, Corning, and General Mills), and accumulated wealth from decades in senior financial roles. According to SEC filings, Ferguson holds reported equity stakes worth approximately $2.4 million across his public board positions.

TIAA CEO Compensation – Roger Ferguson Final Year (2020)

Component Amount (USD) Share
Base Salary $1,155,000 5.2%
Annual Bonus $6,750,000 30.1%
Non-Equity Incentive Compensation $14,494,082 64.7%
TOTAL $22,399,082 100%
Key Insight: Nearly 95% of Roger Ferguson’s final-year compensation was performance-based, with only 5.2% from base salary. His 2019 compensation was $20.86 million, meaning his final-year package represented a 7.4% increase. As a nonprofit mutual organization, TIAA CEO pay drew scrutiny from advocacy groups, but Ferguson’s supporters pointed to TIAA’s strong financial performance and asset growth during his tenure.

TIAA Net Worth 2026 – Is TIAA Profitable?

TIAA is a nonprofit mutual organization, meaning it returns surplus value to its policyholders rather than outside shareholders. As a mutual company, TIAA does not have a traditional “net worth” in the public-equity sense, but it maintains substantial capital reserves and is one of the strongest financial institutions in the United States.

TIAA Financial Summary (2024)

Metric Value YoY Change
Assets Under Management $1.5 Trillion ▲ 15%+
Total Revenue $46B ▲ 1%
Capital & Surplus $48.4B ▼ 3.6%
Adjusted EBIT ~$1.7B
S&P Rating AA (Stable)
Employees ~15,000
Participants Served 5+ Million
Fortune 500 Ranking No. 98
Ferguson’s Legacy: During Roger Ferguson’s 13-year tenure (2008–2021), TIAA grew assets under management from approximately $400 billion to over $1 trillion, maintained top ratings from all three major insurance rating agencies (A.M. Best, Moody’s, S&P), and expanded its investment management capabilities through subsidiary Nuveen.

TIAA CEO Email Address | Roger Ferguson Contact

Roger W. Ferguson Jr. is no longer the CEO of TIAA, so his previous corporate email is no longer active. Below are available contact details and profiles for the former TIAA CEO:

Contact Information
Former TIAA Email [email protected] (no longer active)
LinkedIn Roger W. Ferguson Jr.
Current TIAA CEO Thasunda Brown Duckett
TIAA Corporate HQ 730 Third Avenue, New York, NY 10017
TIAA Customer Service 800-842-2252
TIAA Website tiaa.org

Career & Education – Company, University, & College

Roger W. Ferguson Jr.’s career spans over four decades across law, management consulting, central banking, insurance, and financial services. He is one of the most accomplished financial leaders in American history, having served as Vice Chairman of the Federal Reserve during the September 11 attacks and later leading one of the nation’s largest retirement service providers.

Roger Ferguson Career Timeline

Period Role Company
1981–1984 Attorney Davis Polk & Wardwell LLP
1984–1997 Associate → Partner McKinsey & Company
1997–1999 Member, Board of Governors Federal Reserve System
1999–2006 Vice Chairman, Board of Governors Federal Reserve System
2006–2008 Head of Financial Services & Executive Committee Member Swiss Re
2008–2021 President & CEO TIAA
2021–Present Board Member & Founding GP, Pamir Ventures Alphabet, Corning, General Mills, Klarna

Roger Ferguson began his career as an attorney at Davis Polk & Wardwell LLP in New York, where he specialized in banking matters from 1981 to 1984. He then spent 13 years at McKinsey & Company, rising from Associate to Partner, where he advised financial institutions on strategy and risk management.

In 1997, President Bill Clinton appointed Ferguson to the Federal Reserve Board of Governors, and in 1999 he was elevated to Vice Chairman — the first African American to hold that position. He is best remembered for his leadership during the September 11, 2001 attacks, when he was the only Federal Reserve Governor present in Washington, D.C. Ferguson led the Fed’s emergency response, issuing a one-sentence statement that the Federal Reserve was open and operating, a move widely credited with preventing a financial panic.

After leaving the Fed in 2006, Ferguson joined Swiss Re as Head of Financial Services and a member of the executive committee. In April 2008, he was appointed President and CEO of TIAA, taking the helm just as the global financial crisis was unfolding. Under his leadership, TIAA navigated the crisis, grew its asset base to over $1 trillion, and maintained its position as the leading retirement services provider for the academic and nonprofit sectors. He announced his retirement in late 2020, effective May 2021.

Since retiring from TIAA, Ferguson has served on multiple prominent boards including Alphabet (Google’s parent company), Corning, General Mills, and fintech companies Klarna and Plaid. In 2025, he became a Founding General Partner of Pamir Ventures. He is also a Distinguished Fellow at the Council on Foreign Relations.

Education

University Degree / Program Website
Harvard University B.A. in Economics, magna cum laude (1973) harvard.edu
Pembroke College, University of Cambridge Frank Knox Memorial Fellowship (1973–1974) pem.cam.ac.uk
Harvard Law School J.D., cum laude (1979) hls.harvard.edu
Harvard Graduate School of Arts and Sciences Ph.D. in Economics (1981) gsas.harvard.edu
Harvard University Campus
Harvard University, Cambridge, Massachusetts — where Roger Ferguson earned his B.A. in Economics, J.D. in Law, and Ph.D. in Economics. Photo: Wikimedia Commons (CC0)
Pembroke College University of Cambridge
Pembroke College, University of Cambridge — where Ferguson studied as a Frank Knox Memorial Fellow. Photo: Wikimedia Commons (CC BY-SA 4.0)

Roger Ferguson Wiki – Age, Wife, Family, & More

Former TIAA CEO Roger W. Ferguson Jr. (age 74) was born on October 28, 1951, in Washington, D.C. He is married to Annette Nazareth, a prominent attorney who served as a Commissioner at the United States Securities and Exchange Commission (SEC) from 2005 to 2008. The couple has two children. Ferguson is known for his interest in modern art, and he and his wife maintain a collection of modern art prints. His favorite reads include economic history and biographies.

Notable Achievements & Recognitions

  • First Black Fed Vice Chairman – Appointed by President Clinton in 1999, the first African American to serve as Vice Chairman of the Federal Reserve
  • 9/11 Crisis Leadership – As the only Fed Governor in Washington on September 11, 2001, he led the emergency response that kept the U.S. financial system functioning
  • TIAA $1 Trillion Milestone – Guided TIAA to surpass $1 trillion in assets under management during his tenure
  • Harvard Centennial Medal – Received the 2019 Centennial Medal from the Harvard Graduate School of Arts and Sciences for outstanding contributions to society
  • First Fortune 500 Back-to-Back Black CEOs – TIAA made history as the first Fortune 500 company with two consecutive African-American CEOs when Thasunda Brown Duckett succeeded Ferguson
  • Council on Foreign Relations – Distinguished Fellow and member of the board
  • Alphabet Board Member – Serves as Chair of the Audit and Compliance Committee for Google’s parent company since 2016

Ferguson has also served on the boards of Memorial Sloan Kettering Cancer Center, the International Monetary Conference, and the Institute for Advanced Study in Princeton. He was a member of President Obama’s Economic Recovery Advisory Board and was considered a potential nominee for Federal Reserve Chairman and U.S. Treasury Secretary.

About TIAA

TIAA (Teachers Insurance and Annuity Association of America) is a Fortune 100 nonprofit financial services organization headquartered in New York City. Founded in 1918 by Andrew Carnegie through the Carnegie Foundation for the Advancement of Teaching, TIAA is the leading provider of retirement services for the academic, research, medical, cultural, and governmental sectors.

Business Segment Focus Area Description
TIAA Retirement Retirement Plans & Annuities Defined contribution, 403(b), 401(k), and IRA plans
Nuveen Investment Management Global asset management; responsible investing leader
TIAA Bank Banking Services Banking, lending, and financial advisory
TIAA Wealth Management Financial Planning Personalized financial advice and wealth management

TIAA serves more than 5 million active and retired employees across more than 15,000 institutions. The organization manages approximately $1.5 trillion in assets (as of late 2025) and ranks No. 98 on the Fortune 500. TIAA holds top financial strength ratings from S&P (AA), Moody’s (Aa1), and A.M. Best (A++). The organization was founded in 1918 and its investment management arm, Nuveen, is one of the largest asset managers in the world.

Frequently Asked Questions (FAQ)

Who is the current CEO of TIAA?

The current CEO of TIAA is Thasunda Brown Duckett, who was appointed President and Chief Executive Officer in May 2021. She succeeded Roger W. Ferguson Jr., who retired after 13 years leading the organization. Duckett previously served as CEO of Chase Consumer Banking at JPMorgan Chase.

What is Roger Ferguson’s net worth in 2026?

As of 2026, Roger W. Ferguson Jr.’s net worth is estimated at $15–25 million USD, reflecting his 13-year tenure as TIAA CEO (earning over $20 million annually), board compensation from Alphabet, Corning, and General Mills, and accumulated investment holdings. His disclosed public equity stakes total approximately $2.4 million per SEC filings.

What was Roger Ferguson’s salary as TIAA CEO?

Roger Ferguson’s total compensation in his final year as TIAA CEO (2020) was approximately $22.4 million, which included a $1.155 million base salary, a $6.75 million annual bonus, and $14.49 million in non-equity incentive compensation. His 2019 compensation was $20.86 million. Nearly 95% of his pay was performance-based.

What is TIAA CEO’s email address?

Roger Ferguson’s former TIAA email was [email protected], which is no longer active since his May 2021 retirement. For current TIAA CEO contact information, visit the Thasunda Brown Duckett CEO profile. TIAA’s customer service number is 800-842-2252.

What did Roger Ferguson do before TIAA?

Before becoming TIAA CEO in 2008, Roger Ferguson served as Vice Chairman of the Federal Reserve (1999–2006), where he led the response to the September 11 attacks. He also headed Financial Services at Swiss Re (2006–2008), spent 13 years as a Partner at McKinsey & Company, and began his career as an attorney at Davis Polk & Wardwell.

Why did Roger Ferguson leave TIAA?

Roger Ferguson retired from TIAA in May 2021 after 13 years as President and CEO. He announced his retirement in late 2020, citing a desire to pursue other interests. Since retiring, he has served on the boards of Alphabet, Corning, General Mills, and Klarna, and in 2025 became a Founding General Partner of Pamir Ventures.

Article last updated:January 2026March 2, 2026

Disclaimer: All information presented in this article has been compiled from publicly available sources, including SEC filings, Federal Reserve records, official company press releases, and reputable news outlets. Net worth figures are estimates based on disclosed holdings and may vary by source. This content is provided for informational purposes only and does not constitute financial or investment advice.