The study called on public officials to empower systemic regulators with new tools to enhance the stability and resilience of the global financial system and potentially lessen the severity of future crises. Roger Ferguson is 68, he's been the Independent Director of Alphabet Inc since 2016. The oldest executive at Alphabet Inc is AlanMulally, 74, who is the Independent Director. James Simons, Donald Sussman, Roger Altman, and Blair Effron were some of the biggest financial supporters of Biden. The Cavaliers were never considered a blockbuster basketball teamthat is, until one Lebron James became one of the biggest names in basketball. Sign up in seconds, it's free! There are no older and 31 younger executives at Gilead Sciences. This is what we know about Roger Ferguson Tiaa net worth based on a recent study by Forbes and business insiders: It's around more than a couple of million USD. Ferguson is a member of the Council on Foreign Relations, a member and trustee of the Group of Thirty and a member of the International Advisory Council of the China Banking Regulatory Commission. Ferguson Jr., has served as President and Chief Executive Officer of TIAA (formerly TIAA-CREF), a financial services firm, since 2008. Who better than Roger Ferguson to speak about the crisis of millions of Boomersnot to mention a significant part of the rest of the American populationnot having adequate savings for retirement? Prior to joining TIAA, Mr. Ferguson served as the Chairman of Swiss Re America Holding Corporation, a global reinsurance company, from 2006 to 2008. The estimated Net Worth of Roger W. Jr. Ferguson is at least $1.03 Million dollars as of 14 June 2021. From 1984 to 1997, he was an associate and partner at McKinsey & Company. We have to encourage people to save more at an earlier age. You can see the complete history of Roger Ferguson stock trades at the bottom of the page. While at the Fed, Ferguson served as Chairman of the Group of Ten Working Party on Financial Sector Consolidation. The company has operations in Europe, Africa, the Middle East, Greater Asia, North America, and Latin America. At 71 years old, Roger W. Ferguson Jr. height not available right now. He also presented an opening statement at the semi-annual meetings of the International Monetary and Financial Committee of the International Monetary Fund. Lawrence McRae who sold 41,990 units worth Quarterback Marcus Marietta has had an inconsistent season so far, and while still in the hunt to, Read More How Much Does It Cost to Attend a Tennessee Titans Game?Continue, New studies reveal that one in four deaths in the United States is the result of heart attack. With each passing day, Roger Ferguson Tiaa overall profits continue to rise, and he is becoming more popular on the sidelines. In addition, the company provides Letairis, an oral formulation for the treatment of pulmonary arterial hypertension; Ranexa, an oral formulation for the treatment of chronic angina; and AmBisome, a liposomal formulation for the treatment of serious invasive fungal infections. The current estimated net worth of Corning Inc /ny's Director, Roger Ferguson Jr, is estimated to be about $1.77M . 10. Between July 1998 and March 2000, Ferguson served as Chairman of the Joint Y2K Council. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. You can see the complete history of Roger Ferguson stock trades at the bottom of the page. As the Independent Director of Gilead Sciences, the total compensation of Roger Ferguson at Gilead Sciences is 269,986. In addition, he has honorary degrees from Lincoln College (Illinois), Webster University, Washington and Jefferson College, Michigan State University, Worcester Polytechnic Institute, St. Lawrence University, University of Maryland, Baltimore County, Georgetown University, Metropolitan College of New York, Wabash College, Colby College, Lincoln University (Pennsylvania), Rensselaer Polytechnic Institute, Stevens Institute of Technology, Sewanee: The University of the South, American University, Hofstra University and The University of Michigan. The Working Party released its final report on January 25, 2001. He was also Chairman of the Board of Trustees of the Economic Club of New York and of the Business Higher Education Forum. We recommend you to check the complete list of Famous People born on 28 October. He was responsible for leading the Federal Reserve's initial response to the terrorist attacks and was praised for his expert handling of the crisis. 9. From 1981 to 1984, Ferguson was an attorney at the New York City office of Davis Polk & Wardwell, where he worked with commercial banks, investment banks, and Fortune 500 corporations on syndicated loans, public offerings, mergers and acquisitions, and new product development. As Vice Chairman, among other duties, Ferguson represented the Federal Reserve in international policy groups. BOSTON, July 14, 2022 /PRNewswire/ -- NDVR (pronounced "endeavor"), a start-up pioneering a new category of Wealth Optimization for High Net Worth investors, today announced that Roger W.. As Chairman of the FSF, Ferguson had a similar monitoring and reporting role for the Group of Seven (also known as the G-7) Finance Ministers and Central Bank Governors. It seems to have worked out well for him. He began his career as a lawyer, later becoming a consultant, followed by serving in the public sector. This is business as usual for the office of the President. In 2014 and 2015, Ferguson served as a member of the Panel of Economic Advisers for the Congressional Budget Office. There was no corporate ladder to climb because he never saw himself as part of the masses trying to ascend to the top. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. Last updated: 9 February 2023 at 4:09pm EST. What is the salary of Roger Ferguson? The best leaders are strong and resilient. Ferguson served as chairman of the Group of 30 study group that published "Toward Effective Governance of Financial Institutions". [20], Between 2010 and 2012, Ferguson co-chaired a National Research Council panel on the Long-Run Macro-Economic Effects of the Aging U.S. and James Flaws, VICE CHAIRMAN 4. With over 10 years experience he's covered businesses, CEOs, and investments. Discover today's celebrity birthdays and explore famous people who share your birthday. How Much Does It Cost to Attend a Tennessee Titans Game? On June 19, 2006, Swiss Re announced his appointment as Chairman of Swiss Re America Holding Corporation and Member of Swiss Re's Executive Board. Learn how your comment data is processed. When it comes to decision making in business, he believes diversity offers different points of view with the end result being a better final decision. Roger Ferguson owns over 1,420 units of Alphabet Inc stock worth over 626,155$ and over the last 12 years he sold GOOG stock worth over 0$. 5. There are 5 executives at Alphabet Inc getting paid more, with Sundar Pichai having the highest compensation of $280,622,016.03.02.2022 Skip to content Net Worth The right course is not always the most popular one, but that is where being strong and resilient becomes an important personal characteristic. Gilead Sciences executives and other stock owners filed with the SEC include: Add meg a wallmine-t egy prblkozssal ez ingyenes. With his win and the new administration he and Kamala Harris will put together, a new lineup of Wall Street executives and financiers will have access to Biden and his inner circle. How much does Roger Ferguson make? Additionally, Ferguson's leadership style and leadership of TIAA have been highlighted in several management books, including "The Extraordinary Power of Leader Humility" by Marilyn Gist and "The Harvard Business Review Leader's Handbook: Make an Impact, Inspire Your Organization, and Get to the Next Level" by Ron Ashkenas and Brook Manville. Between 2008 and 2012, Ferguson served as economic advisor to President Obama, initially as a member of the President-elect's Transition Economic Advisory Board and subsequently as a member of the President's Economic Recovery Advisory Board and the President's Commission on Jobs and Competitiveness. Yet this diverse background gave him the perspective to become realistic and flexible in his approach to business. Gilead Sciences, Inc. has collaboration agreements with Arcus Biosciences, Inc.; Pionyr; Tizona; Tango Therapeutics, Inc.; Jounce Therapeutics, Inc.; Galapagos; Janssen; Japan Tobacco, Inc.; Gadeta; Bristol-Myers Squibb Company; Merck; and Novo Nordisk A/S. His father grew up in the Great Depression. Alphabet Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. He is from United States. The study, which has been translated into three languages. [citation needed] On October 25, 2005, The Washington Post reported that senior members at the Federal Reserve, including Alan Greenspan, were encouraging the Bush Administration to appoint Ferguson to the Federal Reserve Chairmanship. As the Independent Director of Gilead Sciences, the total compensation of Roger Ferguson at Gilead Sciences is 269,986. You may opt-out by, With all thy getting, get understanding. roger ferguson net worth. The largest trade he's ever made was buying 1,420 units of Alphabet Inc stock on 14 June 2021 worth over $59,839. Mr. Ferguson served as Vice Chairman of the Board of Governors of the U.S. Federal Reserve System from 1999 to 2006. Tom Steyer (Photo by Justin Sullivan/Getty Images). and bought an estimated value of $393.4M worth of shares. Asking questions is a part of a leadership model and an informed consumer. Roger Ferguson Net Worth The estimated Net Worth of Roger W. Jr. Ferguson is at least Alphabet Inc stock worth over $651,548 and over the last 12 years he sold GOOG stock worth over $0. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. The most recent stock trade was executed by Amie Thuener O'toole on 1 March 2023, trading 637 units of GOOG stock currently worth $57,426. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. and current macroeconomic topics. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Roger has made over 5 trades of the Alphabet Inc stock since 2021, according to the Form 4 filled with the SEC. Roger W. Ferguson Jr. was born on 28 October, 1951 in Washington, D.C., United States. And then having, you know, Andrew Brimmer appointedan African-American guy, [who] came from a very modest backgroundhis parents were sharecroppers, I thinkyou know, proved that it was doable for a person who looked like me., We have to get more people covered. In addition, he has honorary degrees from Lincoln College (Illinois),[2] Webster University, Washington and Jefferson College, Michigan State University, Worcester Polytechnic Institute, St. Lawrence University, University of Maryland, Baltimore County, Georgetown University, Metropolitan College of New York, Wabash College, Colby College, Lincoln University (Pennsylvania), Rensselaer Polytechnic Institute, Stevens Institute of Technology, Sewanee: The University of the South, American University, Hofstra University, Dartmouth College, The University of Michigan and The University of San Francisco. serves as Independent Director of the Company. The study was released on April 12, 2012. Gilead Sciences, Inc., a research-based biopharmaceutical company, discovers, develops, and commercializes medicines in the areas of unmet medical need in the United States, Europe, and internationally. James Simons, the founder of Renaissance Technology donated more than $25 million to Democrats in the 2020 campaigns. Roger W. Ferguson Jr. net worth 25.3 Million Millions of dollars 98% Net worth score Disclamer: Roger W. Ferguson Jr. net worth displayed here are calculated based on a combination social factors. 8. We sit here, 101 years later, standing on the shoulders of those two giants., Unfortunately, I have to say, Steve, in the modern era, the degree of financial literacy is remarkably low. His insights are worth listening to. He has served as a member of our Board of Directors since June 2016. After leaving the Fed, he served as president and CEO of the Teachers Insurance and Annuity Association of America (TIAA) from 2008 to 2021. All of this speculation will be revealed with Biden's cabinet picks soon. The current estimated net worth of Corning Inc /ny's Director, Roger. As the Independent Director of Gilead Sciences, the total compensation of Roger Ferguson at Gilead Sciences is 269,986. There's precedence for this, of course: Jake Siewert, a veteran of Goldman Sachs, was press secretary in the Clinton administration and was in the Treasury Department under President Obama. On October 25, 2005, The Washington Post reported that senior members at the Federal Reserve, including Alan Greenspan, were encouraging the Bush Administration to appoint Ferguson to the Federal Reserve Chairmanship. The most active insiders traders include L John Doerr, Brin Sergey, and Lawrence Page. It also offers Yescarta, Tecartus, Trodelvy, and Zydelig products for the treatment of hematology, oncology, and cell therapy patients. You'll. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. American economist, lawyer and businessesman (born 1951), Learn how and when to remove these template messages, Learn how and when to remove this template message, Teachers Insurance and Annuity Association of America, THE MARKETS; Fed Reconsiders Policy Of Disclosing Tilt on Rates, 2001 LC Honorary Degree Recipient Shows Strength During Crisis, "HAA Announces 2016 Harvard Medalists | Stories", "Roger Ferguson: 2019 Centennial Medal Citation | Harvard University - The Graduate School of Arts and Sciences", "Bernanke Seen as Safe Pick For a White House in Straits", "Roger Ferguson, a top Black Wall Street exec who manages $1 trillion, steps down", "External Advisory Group | McKinsey & Company", "The Astonishing Story of the Federal Reserve on 9-11", "Vice Chairman of the Fed, a Greenspan Ally, Resigns", https://www.nytimes.com/2001/09/24/opinion/24iht-eddavid_ed2_html, "Fed Vice Chairman Resigns, Adding to Turnover at Top", "Central bankers must work 'more closely together', "The Structure of Financial Supervision: Approaches and Challenges in a Global Marketplace", "Enhancing Financial Stability and Resilience: Macroprudential Policy, Tools, and Systems for the Future", "Obama to meet with economic team, talk to media", "Factbox: CEOs named to Obama's U.S. jobs council", "Toward Effective Governance at Financial Institutions", "Banking Conduct and Culture: A Call for Sustained and Comprehensive Reform", "Committee: Long-Run Macro-Economic Effects of the Aging U.S. Population", "Home | National-Academies.org | Where the Nation Turns for Independent, Expert Advice", International Financial Stability, Geneva Report No 9, Cambridge Endowment for Research in Finance. He has had amazing career in education (three degrees from Harvard), the nonprofit world, the private sector and government. In October 2015, Alphabet became the parent holding company of Google. Roger Ferguson doesnt like making excuses for personal or financial failure. Ferguson has also been appointed to the board of directors of several companies.[1]. Progressives likely wouldn't be happy with a high-powered Wall Street type in such a high ranking position in the new administration. serves as Independent Director of the Company. Ferguson was also a most unusual child: As a youngster, he devoured economic writings. He is a fellow of the American Philosophical Society and a member of the Economic Club of New York, the Council on Foreign Relations, and the Group of Thirty. On June 29, 2016, Ferguson became a member of Board of Directors of Alphabet Inc. Ferguson is also active in higher education policy discussion groups, serving in 2016 and 2017 as co-chairman of the Commission on the Future of Undergraduate Education (sponsored by the American Academy of Arts and Sciences). While at the Fed, Ferguson led the Federal Reserve's efforts to modernize the national retail payment system of the United States. The study was released on April 12, 2012. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Ferguson was the only Federal Reserve Governor in Washington, D.C. during the September 11 attacks in 2001. As the CEO of a huge retirement services company, it would be easy to think that his major focus is on the Baby Boom generation, particularly as they have a vast amount of financial resources to invest. [3], In 2019, Ferguson received the Harvard Centennial Medal. It was a bravura performance. International Flavors & Fragrances executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. There are 16 executives at Gilead Sciences getting paid more, with Jeffrey Harmening having the highest compensation of $15,837,600. Roger Ferguson Net Worth The estimated Net Worth of Roger W. Jr. Ferguson is at least Alphabet Inc stock worth over $775,530 and over the last 11 years he sold GOOG stock worth over $0. As the Independent Director of Alphabet Inc, the total compensation of Roger Ferguson at Alphabet Inc is $428,298. 1. There are 3 older and 14 younger executives at International Flavors & Fragrances. Mr. Ferguson has also served in various policy-making positions, including as Vice Chairman of the Board of Governors of the U.S. Federal Reserve System from 1999 to 2006. Roger is also a member of the Smithsonian Institutions Board of Regents and serves on the New York State Insurance Advisory Board. He sees both the business and America as places where people can prosper as a result of, not in spite of, diversity. serves as Independent Director of the Company. Dr. Roger W. Ferguson Jr. serves as Independent Director of the Company. This segment serves perfume and toiletries manufacturers in the cosmetics industry; and manufacturers of soaps, detergents, fabric care, household cleaners, and air fresheners in the household products industry. Sign up in seconds, it's free! Today, the Cavaliers have continued to be a contender team, and their successes, Read More 10 Things You Didnt Know About Cleveland Cavaliers Owner Dan GilbertContinue, I was recently asked about how I balance the demands of my CEO work life at Datron with my personal life. When asked about what makes a great leader, he says that being able to ask the necessary questions to learn what you dont know about the organization or group of people you are leading is essential to understanding what really is going on. And then suddenly figured out, in a more formal way, that the Federal Reserve was the organization that really set interest rates. Which Billionaires Are Funding The Democratic Candidates' Campaigns. On February 22, 2006, Ferguson sent his resignation letter to President George W. Bush. [6], On June 29, 2016, Ferguson became a member of Board of Directors of Alphabet Inc.[1], In February 2023, he was named a member of the McKinsey & Company External Advisory Group.[7]. Prior to joining TIAA, Mr. Ferguson served as the Chairman of Swiss Re . The position eventually went to Ben Bernanke. Dr. Roger W. Ferguson Jr., Ph.D., J.D. The citation presented with the Medal reviewed Fergusons achievements and featured reflections from Douglas Elmendorf, Drew Faust and Larry Summers. Roger Ferguson Jr owns about 6,938 units of Corning Inc /ny common stock. The report identifies shortcomings but also good practice in promoting a strong banking culture, making a series of recommendations that can be drawn upon by leaders as they seek to address culture in their firms. Morgan Stanley executive Thomas Nides worked with Hillary Clinton's campaigns and was a deputy secretary of state for Obama. The study was released July, 2015. Ferguson also has thoughts on the student debt crisis, so many Americans lack of financial literacy and much else. These works cover a wide range of topics in financial regulation, financial stability, financial institution culture and governance. Beyond just asking questions, he thinks that being able to handle criticism properly is necessary for personal growth and to be seen as someone who can be followed with confidence. Roger Ferguson Net Worth The estimated Net Worth of Roger W. Jr. Ferguson is at least Alphabet Inc stock worth over $627,958 and over the last 12 years he sold GOOG stock worth over $0. On April 4, 2008, Roger W. Ferguson Jr. was named the new President and Chief Executive Officer of the Teachers Insurance and Annuity Association College Retirement Equities Fund (TIAA), succeeding Herbert M. Allison, effective April 14, 2008. Series: Continuing The Review Of Federal Housing Programs. Roger Ferguson owns over 1,420 units of Alphabet Inc stock worth over $602,010 and over the last 12 years he sold GOOG stock worth over $0. New York CNN Business Roger Ferguson, one of the most powerful Black executives on Wall Street and in corporate America, is retiring as the CEO of TIAA. As the Independent Director of Alphabet Inc, the total compensation of Roger Ferguson at Alphabet Inc is $428,298. In November 2020, he announced that he would retire at the end of March 2021. His net worth has been growing significantly in 2021-2022. While he started with little, he made the most of what he had and has become a Fortune 100 CEO. Salary in 2020. He was responsible for leading the Federal Reserve's initial response to the terrorist attacks and was praised for his expert handling of the crisis. 2023 Celebrity Net Worth / All Rights Reserved. TIAA. In 2004 Ferguson was elected to an Honorary Fellowship there. Dr. Roger W. Ferguson Jr. serves as Independent Director of the Company. Roger W. Ferguson Jr. (born October 28, 1951 in Washington, D.C.) is an American economist, attorney and corporate executive who served as the 17th vice chairman of the Federal Reserve from 1999 to 2006. In 2016, Ferguson received the Harvard Medal, awarded annually by the Harvard Alumni Association for service to Harvard. Ferguson also served as Chairman of the Group of Ten Working Party on Financial Sector Consolidation. He is currently Chairman of the Conference Board and serves on the boards of the American Council of Life Insurers, the Institute for Advanced Study, and the Memorial Sloan Kettering Cancer Center. The most recent stock trade was executed by Amie Thuener O'toole on 1 March 2023, trading 637 units of GOOG stock currently worth $57,426. Mr. Ferguson has been the President and Chief Executive Officer of TIAA (formerly TIAA-CREF) since 2008. International Flavors & Fragrances Inc., together with its subsidiaries, manufactures flavors and fragrances for use in various consumer products. Ferguson served as the vice chairman of the Group of 30 study group that published "The Structure of Financial Supervision: Approaches and Challenges in a Global Marketplace". The 69-year-old Ferguson, who has. International Flavors & Fragrances Inc. was founded in 1833 and is headquartered in New York, New York. Greater New York City Area. Roger W. Ferguson, President and CEO of Teachers Insurance and Annuity Association of America. As a supply-side economist, Kudlow said he was worried that Ferguson would follow a Neo-Keynesian policy and would oppose the Bush Administration's economic policy. Things just worked out that way. O'Leary's $400million net worth came to the Canadian businessman largely after the sale of his software company SoftKey for more than $3.5billion. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. Wendell Weeks, Chairman and CEO, Roger Ferguson is 68, he's been the Independent Director of Gilead Sciences since 2015. Sign up in seconds, it's free! So, how much is Roger W. Ferguson Jr. worth at the age of 70 years old? Nides is likely to be placed in international affairs. Ferguson received a B.A. Following two previous reports, the study expands on the role of conduct and culture in the governance of the world's largest financial institutions. In 2015, Ferguson became a member of the Board of Directors of General Mills. Over the last 7 years, insiders at Alphabet Inc have traded over $10,858,387,952 worth of Alphabet Inc stock. [11], Alan Greenspan has called Ferguson "one of the most effective Vice Chairmen in the history of the Federal Reserve. Prior to joining TIAA, Mr. Ferguson served as Chairman of Swiss Re America Holding Corporation, a global insurance . So he knows the various facets of business and admits that this end at TIAA was not part of his career plan. cum laude in 1979, and a Ph.D. in economics in 1981, all from Harvard University. The report identifies shortcomings but also good practice in promoting a strong banking culture, making a series of recommendations that can be drawn upon by leaders as they seek to address culture in their firms. It operates through two segments, Taste and Scent. In addition, he makes 428,298$ as Independent Director at Alphabet Inc. One stumbling block to that appointment, however, is the progressive element of the Democratic party. From 1984 to 1997, he was an associate and partner at McKinsey & Company. As President of TIAA-CREF Ferguson manages more than $1 trillion in retirement assets. Donald Trump Is Putting Together The Wealthiest Administration In History. Prior to joining TIAA, Mr. Ferguson served as the Chairman of Swiss Re America Holding Corporation, a global reinsurance company, from 2006 to 2008. In his role as Chairman of the CGFS, Ferguson monitored financial markets and reported on financial conditions and financial stability to the Group of Ten (G10) Central Bank Governors. He is from United States. Roger is also a member of the Smithsonian Institutions Board of Regents and serves on the New York State Insurance Advisory Board. The company provides Biktarvy, Genvoya, Descovy, Odefsey, Truvada, Complera/ Eviplera, Stribild, and Atripla products for the treatment of human immunodeficiency virus (HIV) infection; Veklury, an injection for intravenous use, for the treatment of coronavirus disease 2019; and Epclusa, Harvoni, Vosevi, Vemlidy, and Viread for the treatment of liver diseases. He credits these times with giving him a solid perspective on money and finance. The IJCB has more than 50 sponsoring institutions. The Working Party released its final report on January 25, 2001. Prior to that, Roger joined the Board of Governors of the U.S. Federal Reserve System in 1997 and served as its Vice Chairman from 1999 to 2006. President and CEO of TIAA, the leading provider of retirement services in the academic, research, medical, and cultural . The Centennial Medal is the highest honor bestowed by the Graduate School of Arts and Sciences and is awarded for contributions to society as they have emerged from ones graduate education at Harvard. Ferguson was also a member of the Board of Overseers of Harvard University, serving as President during 2008-2009, an elected member of the Board of Directors of the Harvard Alumni Association, a Trustee of the Carnegie Endowment for International Peace, the National Bureau of Economic Research and the New America Foundation. The resulting International Journal of Central Banking was announced in 2004 and first published in 2005, with two objectives: to disseminate widely the best policy-relevant research on central banking and to promote communication among central banks. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Roger has made over 5 trades of the Alphabet Inc stock since 2021, according to the Form 4 filled with the SEC.