Corporate Governance & Leadership | TIAA (2024)

Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value.

Consumer and commercial deposit and lending products and services are provided by EverBank, N.A., a Member FDIC and Equal Housing Lender. While EverBank, N.A. is not an affiliate of TIAA, EverBank, N.A. will be doing business as and operating under the TIAA Bank brand name and TIAA will continue to provide certain services to EverBank, N.A., including those related to online and mobile banking.

The TIAA group of companies does not provide legal or tax advice. Please consult your tax or legal advisor to address your specific circ*mstances.

TIAA-CREF Individual & Institutional Services, LLC, Member FINRA and SIPC, distributes securities products. SIPC only protects customers' securities and cash held in brokerage accounts. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY. Each is solely responsible for its own financial condition and contractual obligations.

TIAA Brokerage, a division of TIAA-CREF Individual & Institutional Services, LLC, Member FINRA and SIPC, distributes securities. Brokerage accounts are carried by Pershing, LLC, a subsidiary of The Bank of New York Mellon Corporation, Member FINRA, NYSE, SIPC.

Teachers Insurance and Annuity Association of America is domiciled in New York, NY, with its principal place of business in New York, NY. Its California Certificate of Authority number is 3092.

TIAA-CREF Life Insurance Company is domiciled in New York, NY, with its principal place of business in New York, NY. Its California Certificate of Authority number is 6992.

Read the TIAA-CREF Individual & Institutional Services, LLC, Statement of Financial Condition.

© automatically this year and prior years, Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, New York, NY 10017.

Corporate Governance & Leadership | TIAA (2024)

FAQs

What is the TIAA policy statement on corporate governance? ›

TIAA-CREF believes that a company whose board and executive management adopt sound corporate governance principles will set the right “tone at the top” and thereby reinforce an ethical business culture governing all its dealings with customers, employees, regulators and the communities it serves.

How much do TIAA executives make? ›

The average TIAA executive compensation is $207,133 a year.

Is CREF still part of TIAA? ›

We've changed from TIAA-CREF to TIAA. Although we're called TIAA now, CREF is still a big part of what we do.

What is the TIAA severance package? ›

The package included up to 91 weeks' salary, depending on the employee's current pay level and tenure, as well as their 2019 cash bonus, 18 months of health insurance and six months of outplacement assistance, according to a TIAA spokesperson.

What is the TIAA controversy? ›

The Teachers Insurance and Annuity Association of America (TIAA) agreed to pay $2.2 million to settle allegations that it violated the Securities and Exchange Commission's Regulation Best Interest when recommending investment options to customers opening individual retirement accounts.

How do I read my TIAA statement? ›

Your account number and the period covered by your statement appear on the top right. Your name and address, as well as TIAA Brokerage's information, appear on the top left. This section provides you with an explanation of the changes in the value of your account.

What is the highest salary in TIAA? ›

The highest-paying job at TIAA Global Business Services is a Director with a salary of ₹63.8 Lakhs per year.

How is TIAA doing financially? ›

It is the #1 not-for-profit retirement market provider , paid more than $5.6 billion in lifetime income to retired clients in 2022 and has $1.3 trillion in assets under management (as of 6/30/2023) .

How much does the CEO of TIAA make a year? ›

Thasunda Brown Duckett: TIAA

Thasunda Brown Duckett joined TIAA in 2021 as President and Executive Officer and is estimated to be receiving an annual salary of $20 million. Prior to joining the company, Duckett served as chief executive officer of Chase Consumer Banking.

Who is TIAA owned by? ›

TIAA is a stock New York life insurance company and is owned by the TIAA Board of Governors. CREF is a not-for-profit corporation based in New York, registered as an investment company with the Securities Exchange Commission.

Is TIAA being bought out? ›

TIAA Completes Sale of TIAA Bank to Private Investors; Bank Now Doing Business as EverBank. Company retains a board seat and a non-controlling ownership stake in the bank, which will continue to serve TIAA retirement participants.

What is TIAA now called? ›

The Teachers Insurance and Annuity Association of America-College Retirement Equities Fund (TIAA, formerly TIAA-CREF) is an American financial services organization that is a private provider of financial retirement services in the academic, research, medical, cultural and governmental fields.

How much does a vice president at TIAA make? ›

$233K (Median Total Pay)

The estimated total pay range for a Vice President at TIAA is $184K–$298K per year, which includes base salary and additional pay.

Does TIAA offer pension to employees? ›

Retirement Plan

Build wealth for your retirement with company contributions ranging from 5 to 12.5 percent of your eligible earnings based on your age.

What happens to my TIAA when I leave my job? ›

Subject to your plan's rules, after you stop working you may be able to convert some or all of your balance to a stream of lifetime income from TIAA. You may also be able to make full or partial lump-sum withdrawals.

What is a corporate governance statement? ›

Also called the annual corporate report, a corporate governance report includes a statement of corporate governance procedures and compliance, information on board composition, statements on the company's performance, and information about compliance and conformance with best practices for good corporate governance.

What is TIAA mission statement? ›

We manage money with a long-term perspective. TIAA's mission is to help you achieve financial well-being throughout your lifetime.

What is the retirement investment policy statement? ›

RETIREMENT PLAN INVESTMENT POLICY STATEMENT

Establishes monitoring procedures of active investment providers and the fund managers. Describes the plan participant educational and communication process.

What is the 401k policy statement? ›

The investment policy statement is designed to guide the sponsor's retirement plan committee as it decides, with the plan's financial services provider, on investment options to include in the plan, and to evaluate the performance of those investments over time.

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