In addition, he makes $428,298 as Independent Director at Alphabet Inc. [5], In April 2008, Ferguson became president and chief executive officer of the Teachers Insurance and Annuity Association College Retirement Equities Fund (TIAA). A recent investigation by Forbes and Business Insider has shown that Roger Ferguson estimated net worth is more than a couple of million dollars, according to the publication. 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. 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. 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. Wendell Weeks, Chairman and CEO, 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. Apr 2008 - May 202113 years 2 months. The study, which has been translated into three languages. Ferguson has also been appointed to the board of directors of several companies.[1]. 20 Things You Didnt Know about Potato Parcel. It was a bravura performance. He has a good relationship with Biden and senior members of his campaign. Table of Contents show 1. Dr. Roger W. Ferguson Jr. serves as Independent Director of the Company. cum laude in 1979, and a Ph.D. in economics in 1981, all from Harvard University. [15], Ferguson served as chairman of the Group of 30 study group that published "Enhancing Financial Stability and Resilience: Macroprudential Policy, Tools and Systems for the Future". 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. Last updated: 9 February 2023 at 4:09pm EST. 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. On October 11, 2005, Lawrence Kudlow stated that his belief that Alan Greenspan was pushing Ferguson's name to the Bush Administration for the appointment of the Federal Reserve Chairmanship. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. With three co-authors, in November 2007 Ferguson published "International Financial Stability", Geneva Report No. He has served as a member of our Board of Directors since June 2016. 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. He thought it was interesting that the mindset of the family for those 30 minutes was more like millionaires rather than the average family. He also presented an opening statement at the semi-annual meetings of the International Monetary and Financial Committee of the International Monetary Fund. He was formerly a member of both the Commission on the Future of Graduate Education (sponsored by the Council of Graduate Schools) and the Commission on the Humanities and Social Sciences (sponsored by the American Academy of Arts and Sciences). Which Billionaires Are Funding The Democratic Candidates' Campaigns. Roger W. Ferguson Jr. was born on 28 October, 1951 in Washington, D.C., United States. While he started with little, he made the most of what he had and has become a Fortune 100 CEO. The position eventually went to Ben Bernanke. 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. Prior to joining TIAA, Mr. Ferguson served as the Chairman of Swiss Re America Holding Corporation, a global reinsurance company, from 2006 to 2008. TIAA. [14], 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". He grew up during the times of the Civil Rights Movement and the Vietnam War. And then suddenly figured out, in a more formal way, that the Federal Reserve was the organization that really set interest rates. Roger W. Ferguson Jr.'s net worth Population. $1.44M . You can see the complete history of Roger Ferguson stock trades at the bottom of the page. serves as Independent Director of the Company. Roger Ferguson Jr - Director, Corning Inc /ny As of October 4, 2022 What is Roger Ferguson Jr's 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. Roger's mailing address filed with the SEC is 415, Kearny Street, Telegraph Hill, San Francisco, California, 94133, United States. Larry Page and Sergey Brin founded Google in September 1998. Roger Ferguson is 68, he's been the Independent Director of Gilead Sciences since 2015. In addition, Mr. Ferguson led the Feds initial response on 9/11. Ferguson has a well-rounded perspective on business and life because of his experiences growing up, both in Washington D.C. and at Harvard. From 1984 to 1997, he was an associate and partner at McKinsey & Company. 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. There are 7 executives at International Flavors & Fragrances getting paid more, with AndreasFibig having the highest compensation of $7,629,080. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. Ferguson earned all three of his degrees at Harvard a bachelors in Economics, a law degree, and finally a doctorate. in economics magna cum laude in 1973, a J.D. We have estimated Please only use it for a guidance and Roger W. Ferguson Jr.'s actual income may vary a lot from the dollar amount shown above. Ferguson was Vice Chairman of the Board of Governors of the Federal Reserve System from 1999 to 2006. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. There are 9 executives at Alphabet Inc getting paid more, with SundarPichai having the highest compensation of $280,622,016. He was also Chairman of the Board of Trustees of the Economic Club of New York and of the Business Higher Education Forum. The 69-year-old Ferguson, who has. You'll. There are 16 executives at Gilead Sciences getting paid more, with JeffreyHarmening having the highest compensation of $15,837,600. Robert Mercer of Renaissance Technologies and Stephen Schwarzman of Blackstone Group have been advisors to Trump during his four years in office, advising him on economic policy and other matters. Since then, the company has grown to more than 130,000 employees worldwide, with a wide range of popular products and platforms like Search, Maps, Ads, Gmail, Android, Chrome, Google Cloud and YouTube. There are 16 executives at Gilead Sciences getting paid more, with JeffreyHarmening having the highest compensation of $15,837,600. [4], On October 11, 2005, Lawrence Kudlow stated his belief that Alan Greenspan was pushing Ferguson's name to the Bush Administration for the appointment of the Federal Reserve Chairmanship. The current estimated net worth of Corning Inc /ny's Director, Roger Ferguson Jr, is estimated to be about $1.77M . Prior to joining TIAA, Mr. Ferguson served as the Chairman of Swiss Re . Roger Ferguson owns over 1,420 units of Alphabet Inc stock worth over $652,311 and over the last 12 years he sold GOOG stock worth over $0. It seems to have worked out well for him. It also offers Yescarta, Tecartus, Trodelvy, and Zydelig products for the treatment of hematology, oncology, and cell therapy patients. Sign up in seconds, it's free! The Working Party released its final report on January 25, 2001. 6. 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.. We recommend you to check the complete list of Famous People born on 28 October. Roger holds a Bachelor of Arts degree in economics, a Doctoral degree in economics, and a Juris Doctor degree, all from Harvard University. 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. 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 Jr., has served as President and Chief Executive Officer of TIAA (formerly TIAA-CREF), a financial services firm, since 2008. We have estimated Roger W. Ferguson Jr.'s net worth, money, salary, income, and assets. The Cavaliers were never considered a blockbuster basketball teamthat is, until one Lebron James became one of the biggest names in basketball. Roger Ferguson Net Worth The estimated Net Worth of Roger W. Jr. Ferguson is at least Alphabet Inc stock worth over $658,139 and over the last 12 years he sold GOOG stock worth over $0. I live in North San, Read More The Life-Work Balance of Servant LeadersContinue, Football is one of the most popular American pastimes. 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. The most recent transaction was a purchase order of 1,420 units , worth Dr. Roger W. Ferguson Jr. serves as Independent Director of the Company. The final report was issued in September, 2012, under the title, "Aging and the Macroeconomy: Long-Term Implications of an Older Population". While some fathers would talk about sports, Ferguson related from his memories at the dinner table that his father would also include discussions about investment as a matter of family table talk. 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. The largest trade he's ever made was buying 1,420 units of Alphabet Inc stock on 14 June 2021 worth over $59,839. Sign up in seconds, it's free! As President of TIAA-CREF Ferguson manages more than $1 trillion in retirement assets. Following two previous reports, the study expands on the role of conduct and culture in the governance of the world's largest financial institutions. On average, Alphabet Inc executives and independent directors trade stock every 3 days with the average trade being worth of $1,059,981. Mr. Ferguson served as Vice Chairman of the Board of Governors of the U.S. Federal Reserve System from 1999 to 2006. He also serves as a Regent of the Smithsonian Institution, having been approved in 2017 by both Houses of Congress for a six-year term. Roger is also a member of the Smithsonian Institutions Board of Regents and serves on the New York State Insurance Advisory Board. Ferguson also has thoughts on the student debt crisis, so many Americans lack of financial literacy and much else. He also became the Chairman of the Financial Stability Forum (FSF), which promotes international financial stability through information exchange and international cooperation in financial supervision and surveillance. Last updated: 9 February 2023 at 4:09pm EST. 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. He also ran to be the Democratic nominee for President. Corning Inc /ny's most recent insider trade came on March 1, 2023 by However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world. The study was released on October 10, 2010. As the Independent Director of Gilead Sciences, the total compensation of Roger Ferguson at Gilead Sciences is 269,986. His resignation came into effect on April 28, 2006. Roger W. Ferguson, President and CEO of Teachers Insurance and Annuity Association of America. Since then, the company has grown to more than 130,000 employees worldwide, with a wide range of popular products and platforms like Search, Maps, Ads, Gmail, Android, Chrome, Google Cloud and YouTube. Wallmine is a radically better financial terminal. The study, which has been translated into three languages. 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. As of 14 June 2021 he still owns at least 6,938 units of Alphabet Inc stock. In 2019, Ferguson received the Harvard Centennial Medal. and James Flaws, VICE CHAIRMAN [11], Alan Greenspan has called Ferguson "one of the most effective Vice Chairmen in the history of the Federal Reserve. And I think that has played into some of the challenges that were confronting here economically, including the retirement crisis., I had spent so much time with my fatherinformallyweek-in, week-out, talking about interest rates. The Taste segment offers flavor compounds primarily to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food, and sweet products. 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. Simons, a mathematician by trade, could land a key position in the Biden White House. As the Independent Director of Alphabet Inc, the total compensation of Roger Ferguson at Alphabet Inc is $428,298. From November, 1997, until his appointment as Vice Chairman in October, 1999, he served as a Member of the Federal Reserve Board of Governors. The study was released July, 2015. He began his career as a lawyer, later becoming a consultant, followed by serving in the public sector. Ferguson received a B.A. 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. Roger W. Ferguson Jr. (born October 28, 1951 in Washington, D.C.) is an American economist, who was Vice Chairman of the Board of Governors of the Federal Reserve System from 1999 to 2006, and has served as President and Chief Executive Officer of the Teachers Insurance and Annuity Association College Retirement Equities Fund (TIAA) since April, 2008. The Working Party released its final report on January 25, 2001. 7. He was the largest donor to Democratic candidates and causes in the 2020 election cycle. Ferguson was Vice Chairman of the Board of Governors of the Federal Reserve System from 1999 to 2006. Between July 1998 and March 2000, Ferguson served as Chairman of the Joint Y2K Council. He has served as a member of our Board of Directors since June 2016. Discover Roger W. Ferguson Jr.'s Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. 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. In 2015, Ferguson became a member of the Board of Directors of General Mills. In addition, he makes $428,298 as Independent Director at Alphabet Inc. 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. Ferguson was the only Federal Reserve Governor in Washington, D.C., during the September 11 attacks in 2001. From 1973 to 1974, he attended Pembroke College at Cambridge University on a Frank Knox Memorial Fellowship. Nides is likely to be placed in international affairs. In total, Roger Ferguson Jr has made about 15 transactions over 2 years of their time at Corning Inc /ny. 2. Roger Ferguson is 68, he's been the Independent Director of Alphabet Inc since 2016. Progressives likely wouldn't be happy with a high-powered Wall Street type in such a high ranking position in the new administration. The citation presented with the Medal reviewed Fergusons achievements and featured reflections from Douglas Elmendorf, Drew Faust and Larry Summers. On February 22, 2006, Ferguson sent his resignation letter to President George W. Bush. 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. Prior to his term as vice chairman, Ferguson was appointed a member of the Federal Reserve Board of Governors in 1997. Ferguson served as chairman of the Group of 30 study group that published "Toward Effective Governance of Financial Institutions". Larry Page and Sergey Brin founded Google in September 1998. 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. Roger Ferguson Net Worth The estimated Net Worth of Roger W. Jr. Ferguson is at least Alphabet Inc stock worth over $698,726 and over the last 12 years he sold GOOG stock worth over $0. We have to encourage people to save more at an earlier age. Dr. Roger W. Ferguson Jr. serves as Independent Director of the Company. He also looks for this in an informed consumer who will be committing a large part of their assets into financial investments no matter how large or small the investment may be. Ferguson was also a most unusual child: As a youngster, he devoured economic writings. Prior to his term as vice chairman, Ferguson was appointed a member of the Federal Reserve Board of Governors in 1997. With over 10 years experience he's covered businesses, CEOs, and investments. The best leaders are strong and resilient. 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. . 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. Roger has served as the President and Chief Executive Officer of TIAA, a major financial services company, since April 2008. over $59.84K on June 14, 2021. He has some unique views on the corporate ladder, leadership, and money, as you will see as you read on. and bought an estimated value of $393.4M worth of shares. 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. Mr. Ferguson has been the President and Chief Executive Officer of TIAA (formerly TIAA-CREF) since 2008. He was also a member of the Board of Directors of Audax Health, a start-up that blends social media with health care, until 2014, when Audax Health was sold to Optum. International Flavors & Fragrances Inc., together with its subsidiaries, manufactures flavors and fragrances for use in various consumer products. Dr. Roger W. Ferguson Jr., Ph.D., J.D. 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. Roger is also a member of the Smithsonian Institutions Board of Regents and serves on the New York State Insurance Advisory Board. The company was founded in 1987 and is headquartered in Foster City, California. Roger has been a member of the board of directors of General Mills, Inc., a manufacturer and marketer of branded consumer foods, since December 2015, and serves as chair of its finance committee and as a member of its corporate governance committee; and a member of the board of directors of International Flavors & Fragrances, Inc., a creator of flavors and fragrances, since April 2010, and serves as chair of its compensation committee. The estimated Net Worth of Roger W. Jr. Ferguson is at least $1.08 Million dollars as of 14 June 2021. The study was released on April 12, 2012. He is a fellow of the American Academy of Arts & Sciences and co-chairs its Commission on the Future of Undergraduate Education. Ferguson served as co-chairman of the Group of 30 study group that published "Banking Conduct and Culture: A Call for Sustained and Comprehensive Reform". The Working Party released its final report on January 25, 2001. The largest trade he's ever made was buying 1,420 units of Alphabet Inc stock on 14 June 2021 worth over $59,839. Steyer is believed to be in line for an environmental policy position. Ferguson has co-authored, edited or led study groups or commissions that have produced numerous publications, including monographs, occasional papers, study group reports and commission reports. Ferguson also served as Chairman of the Group of Ten Working Party on Financial Sector Consolidation. While he started with little, he made the most of what he had and has become a Fortune 100 CEO. Roger Ferguson is 68, he's been the Independent Director of Alphabet Inc since 2016. In October 2015, Alphabet became the parent holding company of Google. Ferguson Is a member of the Board of Trustees of the Group of Thirty. On average, Roger trades about 105 units every 1 days since 2011. As one of a very few African American CEOs who lead Fortune 100 companies, the issue of diversity and other social justice matters are connected to these early life experiences. "[12], Ferguson proposed the idea of a journal dedicated to central banking theory and practice. Ferguson Jr., has served as President and Chief Executive Officer of TIAA (formerly TIAA-CREF), a financial services firm, since 2008. The position eventually went to Ben Bernanke. Roger Ferguson's position as CEO of TIAA (Teachers Insurance and Annuity Association) was earned in a rather unique way. Last updated: 1 March 2023 at 11:00am EST. Learn how your comment data is processed. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. roger ferguson net worth. There are 16 executives at Gilead Sciences getting paid more, with Jeffrey Harmening having the highest compensation of $15,837,600. 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 is 68, he's been the Independent Director of Gilead Sciences since 2015. [22], Ferguson was elected to the American Philosophical Society in 2016.[23]. Ferguson served as chairman of the Group of 30 study group that published "Enhancing Financial Stability and Resilience: Macroprudential Policy, Tools and Systems for the Future". The study was released on October 10, 2010. The Scent segment provides fragrance compounds, which include fine fragrances comprising perfumes and colognes, as well as consumer fragrances for personal care, household products, and beauty care; fragrance ingredients comprising synthetic and natural ingredients that could be combined with other materials to create fragrance and consumer compounds; and cosmetic active ingredients consisting of active and functional ingredients, botanicals, and delivery systems to support its customers' cosmetic and personal care product lines. Today it has more than $1 trillion in assets under management and provides financial services in the fields of academia, government, research, healthcare and culture. Year: Net Worth: 2019: $1 Million: 2020: $1.5 Million: In 2004 Ferguson was elected to an Honorary Fellowship there. Roger Fergusons position as CEO of TIAA (Teachers Insurance and Annuity Association) was earned in a rather unique way. Garrett by trade is a personal finance freelance writer and journalist. Net Worth in 2021. Ferguson was the only Federal Reserve Governor in Washington, D.C. during the September 11 attacks in 2001. There are no older and 31 younger executives at Gilead Sciences. 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. The most active insiders traders include L John Doerr, Brin Sergey y Lawrence Page. 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. Learn How rich is He in this year and how He spends money? The study was released July, 2015. Among Ferguson's published works are: "International Financial Stability", Geneva Reports World Economy 9 (2007), "Banking, Financial and Regulatory Reform" (2007), "The Structure of Financial Supervision: Approaches and Challenges in a Global Marketplace" (2008), "Enhancing Financial Stability and Resilience: Macroprudential Policies, Tools and Systems for the Future" (2010), "Regulatory Reforms and Remaining Challenges" (2011), "Aging and the Macroeconomy: Long-term Implications of an Older Population" (2012), "Toward Effective Governance of Financial Institutions" (2012), "A New Paradigm: Financial Institutions Boards and Supervisors" (2013), "Banking Conduct and Culture: A Call for Sustained and Comprehensive Reform" (2015), "The Future of Undergraduate Education, The Future of America" (2017). 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. 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 addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. Dr. Roger W. Ferguson Jr., Ph.D., J.D. Roger Ferguson doesnt like making excuses for personal or financial failure. He is expected to be a cabinet pick for Biden. 5. International Flavors & Fragrances Inc. was founded in 1833 and is headquartered in New York, New York. serves as Independent Director of the Company. [13], With three co-authors, in November 2007 Ferguson published "International Financial Stability", Geneva Report No. From 1973 to 1974, he attended Pembroke College at Cambridge University on a Frank Knox Memorial Fellowship. Ferguson Jr., has served as President and Chief Executive Officer of TIAA (formerly TIAA-CREF), a financial services firm, since 2008.