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). The 69-year-old Ferguson, who has. He has had amazing career in education (three degrees from Harvard), the nonprofit world, the private sector and government. 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. Roger Fergusons position as CEO of TIAA (Teachers Insurance and Annuity Association) was earned in a rather unique way. As the Independent Director of Gilead Sciences, the total compensation of Roger Ferguson at Gilead Sciences is 269,986. His net worth has been growing significantly in 2021-2022. [21] The final report was issued in September, 2012, under the title, "Aging and the Macroeconomy: Long-Term Implications of an Older Population". Mr. Ferguson has been the President and Chief Executive Officer of TIAA (formerly TIAA-CREF) since 2008. While he started with little, he made the most of what he had and has become a Fortune 100 CEO. Last updated: 1 March 2023 at 11:00am EST. 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). 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". Formed in September 1999 at the request of the finance ministers and central bank governors of the G-10, the Working Party examined the causes of consolidation in the financial sector and its potential effects. His father grew up in the Great Depression. Roger Ferguson owns over 1,420 units of Alphabet Inc stock worth over $615,609 and over the last 12 years he sold GOOG stock worth over $0. 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). 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. Roger W. Ferguson Jr.'s net worth 9. 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. Sign up in seconds, it's free! 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. He is from United States. The IJCB has more than 50 sponsoring institutions. On October 3, 2006, Swiss Re announced his appointment as Head of Financial Services and Member of Swiss Re's Executive Committee. So he knows the various facets of business and admits that this end at TIAA was not part of his career plan. The study, which has been translated into three languages. 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. Roger Ferguson is 68, he's been the Independent Director of Alphabet Inc since 2016. Roger's mailing address filed with the SEC is 415, Kearny Street, Telegraph Hill, San Francisco, California, 94133, United States. It was a bravura performance. From 1973 to 1974, he attended Pembroke College at Cambridge University on a Frank Knox Memorial Fellowship. His first 2 years at Harvard included cleaning bathrooms. 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. Sign up in seconds, it's free! The study was released on October 10, 2010. 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. The study was released on April 12, 2012. The law allows the recipient of the original paper check to create a digital version of the original check, a process known as check truncation, into an electronic format called a "substitute check", thereby eliminating the need for further handling of the physical document. In addition, he makes $428,298 as Independent Director at Alphabet Inc. This was the landmark case that desegregated public schools in America. Last updated: 1 March 2023 at 11:00am EST. The most active insiders traders include L John Doerr, Brin Sergey, and Lawrence Page. As one of a very few African American CEOs who lead Fortune 100 companies, the issue of diversity and other social justice matters are connected to these early life experiences. Roger holds a Bachelor of Arts degree in economics, a Doctoral degree in economics, and a Juris Doctor degree, all from Harvard University. While some fathers would talk about sports, Ferguson related from his memories at the dinner table that his father would also include discussions about investment as a matter of family table talk. Following two previous reports, the study expands on the role of conduct and culture in the governance of the world's largest financial institutions. As a supply-side economist, Kudlow said he was worried that Ferguson would follow a Neo-Keynesian policy and would oppose the Bush Administration's economic policy. Roger Ferguson owns over 1,420 units of Alphabet Inc stock worth over 626,155$ and over the last 12 years he sold GOOG stock worth over 0$. Most recently he bought 1,420 units of GOOG stock worth $59,839 on 14 June 2021. over $59.84K on June 14, 2021. He credits these times with giving him a solid perspective on money and finance. Desegregation was a key issue for him then and now, and he continues to tell young people of all colors about the value of education. This is in part due to the global nature of business and the influence the Internet has played in both education and experience. The citation presented with the Medal reviewed Fergusons achievements and featured reflections from Douglas Elmendorf, Drew Faust and Larry Summers. Roger's mailing address filed with the SEC is 415, Kearny Street, Telegraph Hill, San Francisco, California, 94133, United States. Ferguson Jr., has served as President and Chief Executive Officer of TIAA (formerly TIAA-CREF), a financial services firm, since 2008. 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. Instead of looking at business success analogous to climbing the well-worn corporate ladder, he sees success akin to what he calls climbing a wall. Sign up in seconds, it's free! It operates through two segments, Taste and Scent. 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. Last updated: 1 March 2023 at 11:00am EST. Roger Ferguson Net Worth The estimated Net Worth of Roger W. Jr. Ferguson is at least Alphabet Inc stock worth over $732,028 and over the last 12 years he sold GOOG stock worth over $0. 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. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. Table of Contents show 1. There are 3 older and 14 younger executives at International Flavors & Fragrances. He has a good relationship with Biden and senior members of his campaign. Statements and Speeches of Roger Walton Ferguson Jr. https://en.wikipedia.org/w/index.php?title=Roger_W._Ferguson_Jr.&oldid=1142478277, American chief executives of financial services companies, Fellows of the American Academy of Arts and Sciences, Members of the American Philosophical Society, People associated with the September 11 attacks, Trustees of the Institute for Advanced Study, Harvard Graduate School of Arts and Sciences alumni, Articles with dead external links from June 2016, Articles with dead external links from November 2016, Articles with permanently dead external links, Short description is different from Wikidata, BLP articles lacking sources from September 2017, Articles lacking in-text citations from September 2017, Articles with multiple maintenance issues, Articles with unsourced statements from November 2008, BLP articles lacking sources from November 2020, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 2 March 2023, at 16:37. Ferguson also served as Treasurer of the Friends of Education, a Trustees' Committee of The Museum of Modern Art. Prior to joining TIAA, Mr. Ferguson served as Chairman of Swiss Re America Holding Corporation, a global insurance . He is a member of famous with the age 71 years old group. Ferguson Is a member of the Board of Trustees of the Group of Thirty. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. and current macroeconomic topics. His resignation came into effect on April 28, 2006. Ferguson Jr., has served as President and Chief Executive Officer of TIAA (formerly TIAA-CREF), a financial services firm, since 2008. 20 Things You Didnt Know about Potato Parcel. International Flavors & Fragrances Inc. was founded in 1833 and is headquartered in New York, New York. The Working Party released its final report on January 25, 2001. Simons, a mathematician by trade, could land a key position in the Biden White House. Roger Ferguson Net Worth The estimated Net Worth of Roger W. Jr. Ferguson is at least Alphabet Inc stock worth over $696,506 and over the last 12 years he sold GOOG stock worth over $0. Ferguson earned all three of his degrees at Harvard a bachelors in Economics, a law degree, and finally a doctorate. Roger is also a member of the Smithsonian Institutions Board of Regents and serves on the New York State Insurance Advisory Board. 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. On February 22, 2006, Ferguson sent his resignation letter to President George W. Bush. [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". 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. He has served as a member of our Board of Directors since June 2016. Roger has served as the President and Chief Executive Officer of TIAA, a major financial services company, since April 2008. Ferguson was Vice Chairman of the Board of Governors of the Federal Reserve System from 1999 to 2006. roger ferguson net worth. Roger Ferguson Jr - Director, Corning Inc /ny As of October 4, 2022 What is Roger Ferguson Jr's Net Worth? 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. Another Goldman Sachs executive, Margaret Anadu, who heads up the investment bank's urban-investment department is expected to get an economic policy position. There are 9 executives at Alphabet Inc getting paid more, with SundarPichai having the highest compensation of $280,622,016. (THE MARKETS; Fed Reconsiders Policy Of Disclosing Tilt on Rates), While at the Fed, Ferguson served as Chairman of the Group of Ten Working Party on Financial Sector Consolidation. Larry Page and Sergey Brin founded Google in September 1998. The study was released on April 12, 2012. The estimated Net Worth of Roger W. Jr. Ferguson is at least $1.08 Million dollars as of 14 June 2021. There are 7 executives at International Flavors & Fragrances getting paid more, with AndreasFibig having the highest compensation of $7,629,080. $1 Million - $5 Million. serves as Independent Director of the Company. We have estimated So, how much is Roger W. Ferguson Jr. worth at the age of 71 years old? Wendell Weeks, Chairman and CEO, In June, 2016, Alphabet Inc. appointed Roger W. Ferguson Jr. to its board of directors. In addition, Mr. Ferguson led the Feds initial response on 9/11. 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 $0. Ferguson has also been appointed to the board of directors of several companies.[1]. Between 2008 and 2012, Ferguson served as economic advisor to President Obama, initially as a member of the President-elect's Transition Economic Advisory Board and subsequently as a member of the President's Economic Recovery Advisory Board and the President's Commission on Jobs and Competitiveness. Mr. Ferguson served as Vice Chairman of the Board of Governors of the U.S. Federal Reserve System from 1999 to 2006. From 1984 to 1997, he was an associate and partner at McKinsey & Company. Dr. Roger W. Ferguson Jr., Ph.D., J.D. In addition, the company provides Letairis, an oral formulation for the treatment of pulmonary arterial hypertension; Ranexa, an oral formulation for the treatment of chronic angina; and AmBisome, a liposomal formulation for the treatment of serious invasive fungal infections. Roger W. Ferguson, President and CEO of Teachers Insurance and Annuity Association of America. In addition, he makes 428,298$ as Independent Director at Alphabet Inc. He was involved in a work-study program where the work part was cleaning bathrooms. As the Independent Director of Gilead Sciences, the total compensation of Roger Ferguson at Gilead Sciences is 269,986.