As the Independent Director of Alphabet Inc, the total compensation of Roger Ferguson at Alphabet Inc is $428,298. We have to encourage people to save more at an earlier age. and James Flaws, VICE CHAIRMAN This ultimately resulted in the passage and signing into law of the Check Clearing for the 21st Century Act, which is also known as Check 21. in economics magna cum laude in 1973, a J.D. 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. Things just worked out that way. From 1984 to 1997, Mr. Ferguson was an associate and partner at the consulting firm McKinsey & Company. . 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. 2. 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. In 2016, Ferguson received the Harvard Medal, awarded annually by the Harvard Alumni Association for service to Harvard. A lack of information requires people to step up and find out what they dont know through asking questions. Roger Fergusons position as CEO of TIAA (Teachers Insurance and Annuity Association) was earned in a rather unique way. The estimated Net Worth of Roger W. Jr. Ferguson is at least $1.04 Milln dollars as of 14 June 2021. 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. As Vice Chairman, among other duties, Ferguson represented the Federal Reserve in international policy groups. The study was released on October 10, 2010. 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. 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. 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's position as CEO of TIAA (Teachers Insurance and Annuity Association) was earned in a rather unique way. 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. 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. Roger is also a member of the Smithsonian Institutions Board of Regents and serves on the New York State Insurance Advisory Board. It also offers Yescarta, Tecartus, Trodelvy, and Zydelig products for the treatment of hematology, oncology, and cell therapy patients. 10. 20 Things You Didnt Know about Potato Parcel. As of 14 June 2021 he still owns at least 6,938 units of Alphabet Inc stock. On this Wikipedia the language links are at the top of the page across from the article title. 9, dealing with challenges to global financial stability and including observations regarding the liquidity crisis of 2007. Sign up in seconds, it's free! Ferguson was the only Federal Reserve Governor in Washington, D.C., during the September 11 attacks in 2001. 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. 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. View popular celebrities life details, birth signs and real ages. As the Independent Director of Alphabet Inc, the total compensation of Roger Ferguson at Alphabet Inc is $428,298. Tom Steyer (Photo by Justin Sullivan/Getty Images). And then suddenly figured out, in a more formal way, that the Federal Reserve was the organization that really set interest rates. He was the first African-American vice chairman. 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. 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. [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. (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. In 2010, Ferguson became a member of the Board of Directors of International Flavors and Fragrances, a leading creator and manufacturer of flavors and fragrances. 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. The most active traders at the company are Roger W. Ferguson Jr. was born on 28 October, 1951 in Washington, D.C., United States. 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. Ferguson Jr., has served as President and Chief Executive Officer of TIAA (formerly TIAA-CREF), a financial services firm, since 2008. Roger W. Ferguson Jr. has a history of serving as a member of several not-for-profit boards. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. Submit a correction suggestion and help us fix it! Ferguson was a partner at McKinsey & Company. 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. 5. There are 7 executives at International Flavors & Fragrances getting paid more, with AndreasFibig having the highest compensation of $7,629,080. The IJCB has more than 50 sponsoring institutions. 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. Ferguson was also a most unusual child: As a youngster, he devoured economic writings. 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. He has served as a member of our Board of Directors since June 2016. Year: Net Worth: 2019: $25 Million : 2020: and bought an estimated value of $393.4M worth of shares. Last updated: 1 March 2023 at 11:00am EST. The citation presented with the Medal reviewed Fergusons achievements and featured reflections from Douglas Elmendorf, Drew Faust and Larry Summers. Dr. Roger W. Ferguson Jr. serves as Independent Director of the Company. 8. This is business as usual for the office of the President. Discover Roger W. Ferguson Jr.'s Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. 1. Jamie Dimon, CEO of JPMorgan Chase could be considered for Treasury secretary. Discover today's celebrity birthdays and explore famous people who share your birthday. 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. Following two previous reports, the study expands on the role of conduct and culture in the governance of the world's largest financial institutions. Formerly, Ferguson was Co-Chairman of the Committee for Economic Development. He is a fellow of the American Academy of Arts & Sciences and co-chairs its Commission on the Future of Undergraduate Education. 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. Youll enjoyand benefit fromthe observations of this remarkable man. 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. 50 years after Roger Moore told how their . Net Worth in 2021. Sign up in seconds, it's free! [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. From 1984 to 1997, he was an associate and partner at McKinsey & Company. 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. How Much Does It Cost to Attend a Tennessee Titans Game? This site uses Akismet to reduce spam. Ferguson earned all three of his degrees at Harvard a bachelors in Economics, a law degree, and finally a doctorate. 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. cum laude in 1979, and a Ph.D. in economics in 1981, all from Harvard University. He represented the Federal Reserve on several international policy groups and served on key Federal Reserve System committees, including Payment System Oversight, Reserve Bank Operations and Supervision and Regulation. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. On average, Alphabet Inc executives and independent directors trade stock every 3 days with the average trade being worth of $1,059,981. While at the Fed, Ferguson led the Federal Reserve's efforts to modernize the national retail payment system of the United States. Gene Editing Might Change Those Susceptible to Heart Disease, Eight Reasons to go to French Polynesias Marquesas Islands, How Lisa Rinna Achieved a Net Worth of $10 Million, 20 Cities with The Worst Weather in Europe, How Zac Stacy Achieved a Net Worth of $6 Million. 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. Ferguson was Vice Chairman of the Board of Governors of the Federal Reserve System from 1999 to 2006. Larry Page and Sergey Brin founded Google in September 1998. In 2004 Ferguson was elected to an Honorary Fellowship there. His father grew up in the Great Depression. Salary in 2020. 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 2014 and 2015, Ferguson served as a member of the Panel of Economic Advisers for the Congressional Budget Office. 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? He's been a big backer of Biden and is expected to be considered for a job in his administration. The economic and financial realities of business have changed, and in many cases it is necessary to move laterally to reach the top. 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. 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. Family Friday TV faire was spent with Louis Rukeyser. Last updated: 9 February 2023 at 4:09pm EST. While he started with little, he made the most of what he had and has become a Fortune 100 CEO. While he started with little, he made the most of what he had and has become a Fortune 100 CEO. 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. 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. [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". Sign up in seconds, it's free! [3], In 2019, Ferguson received the Harvard Centennial Medal. You can see the complete history of Roger Ferguson stock trades at the bottom of the page. There are no older and 31 younger executives at Gilead Sciences. Steyer is believed to be in line for an environmental policy position. 9, dealing with challenges to global financial stability and including observations regarding the liquidity crisis of 2007. James Simons, the founder of Renaissance Technology donated more than $25 million to Democrats in the 2020 campaigns. He participated in the Bilderberg Conferences in 2016, 2017 and 2018. The oldest executive at Alphabet Inc is AlanMulally, 74, who is the Independent Director. 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). In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. Greater New York City Area. Last updated: 1 March 2023 at 11:00am EST. Progressives likely wouldn't be happy with a high-powered Wall Street type in such a high ranking position in the new administration. Ferguson served as chairman of the Group of 30 study group that published "Toward Effective Governance of Financial Institutions". His net worth has been growing significantly in 2021-2022. 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. TIAA. On average, Alphabet Inc executives and independent directors trade stock every 3 days with the average trade being worth of $1,059,981. 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. 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. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. 4. The current estimated net worth of Corning Inc /ny's Director, Roger. roger ferguson net worth. In October 2015, Alphabet became the parent holding company of Google. Most recently he bought 1,420 units of GOOG stock worth $59,839 on 14 June 2021. Ferguson Jr., has served as President and Chief Executive Officer of TIAA (formerly TIAA-CREF), a financial services firm, since 2008. 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. From 1984 to 1997, he was an associate and partner at McKinsey & Company. The most active insiders traders include L John Doerr, Brin Sergey, and Lawrence Page. 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. We have estimated As the Independent Director of International Flavors & Fragrances, the total compensation of Roger Ferguson at International Flavors & Fragrances is 264,585. Dr. Roger W. Ferguson Jr., Ph.D., J.D. Sign up in seconds, it's free! From 1984 to 1997, Mr. Ferguson was an associate and partner at McKinsey & Company. As the Independent Director of Gilead Sciences, the total compensation of Roger Ferguson at Gilead Sciences is 269,986. 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. [5], In April 2008, Ferguson became president and chief executive officer of the Teachers Insurance and Annuity Association College Retirement Equities Fund (TIAA). Roger Ferguson Jr - Director, Corning Inc /ny As of October 4, 2022 What is Roger Ferguson Jr's Net Worth? The oldest executive at International Flavors & Fragrances Inc. is KatherineHudson, 73, who is the Independent Director. Donald Trump Is Putting Together The Wealthiest Administration In History. Roger Ferguson Jr owns about 6,938 units of Corning Inc /ny common stock. It is expected that Siewert could also take a position in Biden's White House. So he knows the various facets of business and admits that this end at TIAA was not part of his career plan. James Simons, Donald Sussman, Roger Altman, and Blair Effron were some of the biggest financial supporters of Biden. The company has operations in Europe, Africa, the Middle East, Greater Asia, North America, and Latin America. Ferguson also served as Chairman of the Group of Ten Working Party on Financial Sector Consolidation. Table of Contents show 1. Gilead Sciences executives and other stock owners filed with the SEC include: Add meg a wallmine-t egy prblkozssal ez ingyenes. These resulted in the release of a statement at the end of each FOMC meeting, explaining the rationale for the interest rate decision and including an assessment of the risks facing the economy. 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. The largest trade he's ever made was buying 1,420 units of Alphabet Inc stock on 14 June 2021 worth over $59,839. 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. During 2003, Ferguson became the Chairman of the Committee on the Global Financial System (CGFS), a central bank panel that monitors and examines broad issues related to financial markets and systems. His insights are worth listening to. . Mr. Ferguson served as Vice Chairman of the Board of Governors of the U.S. Federal Reserve System from 1999 to 2006. Dr. Roger W. Ferguson Jr., Ph.D., J.D. There are 1 older and 16 younger executives at Alphabet Inc. The current estimated net worth of Corning Inc /ny's Director, Roger Ferguson Jr, is estimated to be about $1.77M . [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. 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. In addition to making more money each day, Roger Ferguson is becoming more and more well-known by the day. 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". In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal.