Ferguson is a superb crisis manager: On 9/11 he coolly took actions in his capacity as vice chairman of the Federal Reserve (the head of the Fed was overseas) that prevented paralysis and panic in the financial markets. The company has operations in Europe, Africa, the Middle East, Greater Asia, North America, and Latin America. Few Can Match This Man's Incisiveness On Matters Of Money: Roger Ferguson 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. and James Flaws, VICE CHAIRMAN Roger has served as the President and Chief Executive Officer of TIAA, a major financial services company, since April 2008. [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. 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. Family Friday TV faire was spent with Louis Rukeyser. Roger has served as the President and Chief Executive Officer of TIAA, a major financial services company, since April 2008. In 2015, Ferguson became a member of the Board of Directors of General Mills. Roger is also a member of the Smithsonian Institutions Board of Regents and serves on the New York State Insurance Advisory Board. While at the Fed, Ferguson led the Federal Reserve's efforts to modernize the national retail payment system of the United States. He has served as a member of our Board of Directors since June 2016. Ferguson Jr., has served as President and Chief Executive Officer of TIAA (formerly TIAA-CREF), a financial services firm, since 2008. This segment also creates and manufactures a naturals-focused suite of flavor compounds, functional foods, and specialty fine ingredients to small, local, and regional customers. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. He is a member of famous with the age 71 years old group. 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. The position eventually went to Ben Bernanke. 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. 6. Ferguson has also been appointed to the board of directors of several companies.[1]. Insider trading is most common in February, with the busiest year in 2005. His father grew up in the Great Depression. You may opt-out by, With all thy getting, get understanding. 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. 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 citation presented with the Medal reviewed Fergusons achievements and featured reflections from Douglas Elmendorf, Drew Faust and Larry Summers. Mr. Ferguson served as Vice Chairman of the Board of Governors of the U.S. Federal Reserve System from 1999 to 2006. All of this speculation will be revealed with Biden's cabinet picks soon. He was involved in a work-study program where the work part was cleaning bathrooms. Roger holds a Bachelor of Arts degree in economics, a Doctoral degree in economics, and a Juris Doctor degree, all from Harvard University. The estimated Net Worth of Roger W. Jr. Ferguson is at least 1.05 $ dollars as of 14 June 2021. As Vice Chairman, among other duties, Ferguson represented the Federal Reserve in international policy groups. Ferguson was also a most unusual child: As a youngster, he devoured economic writings. roger ferguson net worth. 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. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. 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. Those two geniuses, Andrew Carnegie in 1918 and Bill Greenough in 1952, both in their own ways revolutionized retirement in America. One stumbling block to that appointment, however, is the progressive element of the Democratic party. 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. James Simons, the founder of Renaissance Technology donated more than $25 million to Democrats in the 2020 campaigns. Ferguson was Vice Chairman of the Board of Governors of the Federal Reserve System from 1999 to 2006. Ferguson heads up the storied Teachers Insurance and Annuity Association of America, which was founded by Andrew Carnegie more than a century ago to provide retirement income and life insurance to educators. Roger Ferguson Net Worth (2022) | wallmine Prior to joining TIAA, Mr. Ferguson served as Chairman of Swiss Re America Holding Corporation, a global insurance company, from 2006 to 2008. 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. Roger Ferguson Net Worth The estimated Net Worth of Roger W. Jr. Ferguson is at least Alphabet Inc stock worth over $674,235 and over the last 11 years he sold GOOG stock worth over $0. 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. There are 1 older and 16 younger executives at Alphabet Inc. Mr. Ferguson has been the President and Chief Executive Officer of TIAA (formerly TIAA-CREF) since 2008. From 1973 to 1974, he attended Pembroke College at Cambridge University on a Frank Knox Memorial Fellowship. There are 9 executives at Alphabet Inc getting paid more, with SundarPichai having the highest compensation of $280,622,016. In 2016, Ferguson received the Harvard Medal, awarded annually by the Harvard Alumni Association for service to Harvard. Greater New York City Area. 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. From November, 1997, until his appointment as Vice Chairman in October, 1999, he served as a Member of the Federal Reserve Board of Governors. 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. 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. 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. In June, 2016, Alphabet Inc. appointed Roger W. Ferguson Jr. to its board of directors. In October 2015, Alphabet became the parent holding company of Google. This is in part due to the global nature of business and the influence the Internet has played in both education and experience. 4. As the Independent Director of Gilead Sciences, the total compensation of Roger Ferguson at Gilead Sciences is 269,986. Currently he serves as Chairman of the Conference Board and a member of the Board of Trustees of the Institute for Advanced Study and the Board of Trustees of the Memorial Sloan Kettering Cancer Center. In 2019, Ferguson received the Harvard Centennial Medal. He is a realistic 21st century businessman. He is from United States. Nides is likely to be placed in international affairs. The Forum brings together on a regular basis national authorities responsible for financial stability in significant international financial centers. 5. ", Series: The Persistence Of Public Housing, Western Sanctions Are Raising Putins War Costs, This Is The Hearing Congressional Republicans Should Hold To Save The Economy, The Credit Card Competition Act of 2022 Meets Its Biggest Foe: Market Competition, One Year On, Russias Invasion Of Ukraine Has Changed Compliance Forever. 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.. The study of the regulatory structure of 17 jurisdictions was released on October 6, 2008. [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 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. Following two previous reports, the study expands on the role of conduct and culture in the governance of the world's largest financial institutions. 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 is also a member of the Smithsonian Institutions Board of Regents and serves on the New York State Insurance Advisory Board. Roger Ferguson Net Worth The estimated Net Worth of Roger W. Jr. Ferguson is at least Alphabet Inc stock worth over $688,805 and over the last 12 years he sold GOOG stock worth over $0. 7. 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 study was released on April 12, 2012. We recommend you to check the complete list of Famous People born on 28 October. In November 2020, he announced that he would retire at the end of March 2021. Roger Ferguson Net Worth (2023) | wallmine CA Roger Ferguson Jr owns about 6,938 units of Corning Inc /ny common stock. Ferguson Is a member of the Board of Trustees of the Group of Thirty. As the Independent Director of International Flavors & Fragrances, the total compensation of Roger Ferguson at International Flavors & Fragrances is 264,585. He proudly proclaims himself to be a child of the Brown v. Board of Education decision. The Council, supported by the Bank for International Settlements, was formed to address issues associated with the Year 2000 computer challenge within the global financial supervisory community. Dr. Roger W. Ferguson Jr. serves as Independent Director of the Company. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. Roger Ferguson Net Worth The estimated Net Worth of Roger W. Jr. Ferguson is at least Alphabet Inc stock worth over $692,898 and over the last 12 years he sold GOOG stock worth over $0. $60K on May 19, 2021. [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]. On average, Alphabet Inc executives and independent directors trade stock every 3 days with the average trade being worth of $1,059,981. Things just worked out that way. [22], Ferguson was elected to the American Philosophical Society in 2016.[23]. 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 of 14 June 2021 he still owns at least 6,938 units of Alphabet Inc stock. 20 Things You Didnt Know about Potato Parcel. Roger Ferguson Jr usually trades in May, with the busiest year in 2021. The IJCB has more than 50 sponsoring institutions. Roger Ferguson Net Worth The estimated Net Worth of Roger W. Jr. Ferguson is at least Alphabet Inc stock worth over $660,151 and over the last 12 years he sold GOOG stock worth over $0. [16], 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[17] and the President's Commission on Jobs and Competitiveness[18], Ferguson served as chairman of the Group of 30 study group that published "Toward Effective Governance of Financial Institutions". 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. With over 10 years experience he's covered businesses, CEOs, and investments. 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. Why Do Law Enforcers Keep Stealing Forfeiture Funds? Discover Roger W. Ferguson Jr.'s Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Wendell Weeks, Chairman and CEO, 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. Roger Ferguson Net Worth (2023) | wallmine Apr 2008 - May 202113 years 2 months. Ferguson also served as Chairman of the Group of Ten Working Party on Financial Sector Consolidation. Roger W. Ferguson Jr. has a history of serving as a member of several not-for-profit boards. Joe Biden is President-elect of the United States. You can see the complete history of Roger Ferguson stock trades at the bottom of the page. On this Wikipedia the language links are at the top of the page across from the article title. There are 7 executives at International Flavors & Fragrances getting paid more, with AndreasFibig having the highest compensation of $7,629,080. As the Independent Director of Alphabet Inc, the total compensation of Roger Ferguson at Alphabet Inc is $428,298. 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? Learn How rich is He in this year and how He spends money? The oldest executive at Alphabet Inc is AlanMulally, 74, who is the Independent Director. How much does Roger Ferguson make? 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. With Biden's Victory, Which Billionaires Are Out - Celebrity Net Worth 9, dealing with challenges to global financial stability and including observations regarding the liquidity crisis of 2007. Roger Ferguson is 68, he's been the Independent Director of Gilead Sciences since 2015. (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. Most recently he bought 1,420 units of GOOG stock worth $59,839 on 14 June 2021. Roger Ferguson doesnt like making excuses for personal or financial failure. He joined TIAA after his tenure at Swiss Re, a global reinsurance company, where he served as Chairman of the firms America Holding Corporation, Head of Financial Services, and a member of the Executive Committee from 2006 to 2008. [11], Alan Greenspan has called Ferguson "one of the most effective Vice Chairmen in the history of the Federal Reserve. 8. On average, Roger trades about 105 units every 1 days since 2011. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. Roger Ferguson Net Worth (2023) | wallmine The position eventually went to Ben Bernanke. Roger Ferguson Jr - Director, Corning Inc /ny As of October 4, 2022 What is Roger Ferguson Jr's Net Worth? Roger W. Ferguson Jr.'s income source is mostly from being a successful . Roger Ferguson, a top Black Wall Street exec who manages $1 - CNN 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. The study was released on April 12, 2012. President and CEO of TIAA, the leading provider of retirement services in the academic, research, medical, and cultural . Roger Ferguson's position as CEO of TIAA (Teachers Insurance and Annuity Association) was earned in a rather unique way. 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. [10], While at the Fed, Ferguson led two working groups to improve the transparency of Federal Open Market Committee (FOMC) decisions and the clarity of FOMC communication. These men and more including former presidential candidate Tom Steyer, could end up with at the least influence and at the most with a job in Biden's administration. Dr. Roger W. Ferguson Jr. serves as Independent Director of the Company. The current estimated net worth of Corning Inc /ny's Director, Roger. 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. 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