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. 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. Roger W. Ferguson Jr. net worth and salary income estimation 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. In 2004 Ferguson was elected to an Honorary Fellowship there. He is a fellow of the American Academy of Arts & Sciences and co-chairs its Commission on the Future of Undergraduate Education. His mother taught him that education is something no one can ever take away from you. [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]. The company has operations in Europe, Africa, the Middle East, Greater Asia, North America, and Latin America. The study, which has been translated into three languages. 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 Ferguson Net Worth (2023) | wallmine . Roger W. Ferguson Jr. net worth 25.3 Million Millions of dollars 98% Net worth score Disclamer: Roger W. Ferguson Jr. net worth displayed here are calculated based on a combination social factors. [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". On October 3, 2006, Swiss Re announced his appointment as Head of Financial Services and Member of Swiss Re's Executive Committee. Prior to his term as vice chairman, Ferguson was appointed a member of the Federal Reserve Board of Governors in 1997. made several concrete and practical recommendations to enhance governance of financial institutions, including recommendations for management, boards of directors, supervisors and shareholders. Dr. Roger W. Ferguson Jr., Ph.D., J.D. 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. On average, Roger trades about 105 units every 1 days since 2011. Roger Ferguson has run TIAA-CREF since 2008 and has served in the administrations of both Republicans and Democrats. He has served as a member of our Board of Directors since June 2016. 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 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. There are 1 older and 16 younger executives at Alphabet Inc. Larry Page and Sergey Brin founded Google in September 1998. It also offers Yescarta, Tecartus, Trodelvy, and Zydelig products for the treatment of hematology, oncology, and cell therapy patients. 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. The Working Party released its final report on January 25, 2001. He is a member of famous with the age 71 years old group. 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. in economics magna cum laude in 1973, a J.D. In 2015, Ferguson became a member of the Board of Directors of General Mills. 50 years after Roger Moore told how their . Roger Ferguson is 68, he's been the Independent Director of Alphabet Inc since 2016. Gilead Sciences 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. 10. 10 Things You Didn't Know about TIAA CEO Roger Ferguson - Money Inc We have estimated Roger W. Ferguson Jr.'s net worth, money, salary, income, and assets. The largest trade he's ever made was buying 1,420 units of Alphabet Inc stock on 14 June 2021 worth over $59,839. Following two previous reports, the study expands on the role of conduct and culture in the governance of the world's largest financial institutions. 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. Roger Ferguson's position as CEO of TIAA (Teachers Insurance and Annuity Association) was earned in a rather unique way. 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. Ferguson Jr., has served as President and Chief Executive Officer of TIAA (formerly TIAA-CREF), a financial services firm, since 2008. From November, 1997, until his appointment as Vice Chairman in October, 1999, he served as a Member of the Federal Reserve Board of Governors. There are 7 executives at International Flavors & Fragrances getting paid more, with AndreasFibig having the highest compensation of $7,629,080. Roger Ferguson owns over 1,420 units of Alphabet Inc stock worth over 626,155$ and over the last 12 years he sold GOOG stock worth over 0$. 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 Net Worth (2022) | wallmine GB As Chairman of the FSF, Ferguson had a similar monitoring and reporting role for the Group of Seven (also known as the G-7) Finance Ministers and Central Bank Governors. 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. Prior to joining TIAA, Mr. Ferguson served as Chairman of Swiss Re America Holding Corporation, a global insurance . Sign up in seconds, it's free! cum laude in 1979, and a Ph.D. in economics in 1981, all from Harvard University. Roger Ferguson Net Worth (2023) | wallmine GB 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. He began his career as a lawyer, later becoming a consultant, followed by serving in the public sector. Nides is likely to be placed in international affairs. Roger Ferguson is 68, he's been the Independent Director of Alphabet Inc since 2016. 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. Joe Biden is President-elect of the United States. There are 9 executives at Alphabet Inc getting paid more, with SundarPichai having the highest compensation of $280,622,016. There are 9 executives at Alphabet Inc getting paid more, with SundarPichai having the highest compensation of $280,622,016. The estimated Net Worth of Roger W. Jr. Ferguson is at least $1.04 Milln dollars as of 14 June 2021. NDVR Names Roger W. Ferguson, Jr. to Advisory Board - PR Newswire In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. Discover Roger W. Ferguson Jr.'s Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Last updated: 1 March 2023 at 11:00am EST. 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). 6. In addition, he makes $428,298 as Independent Director at Alphabet Inc. There are 5 executives at Alphabet Inc getting paid more, with Sundar Pichai having the highest compensation of $280,622,016.03.02.2022 Skip to content Net Worth 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. In October 2015, Alphabet became the parent holding company of Google. His insights are worth listening to. He was involved in a work-study program where the work part was cleaning bathrooms. $1.44M . 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. The legal protection for an electronic "substitute check" in turn is a key element in the development and growth of mobile banking. Dr. Roger W. Ferguson Jr., Ph.D., J.D. 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. In addition, Mr. Ferguson led the Feds initial response on 9/11. He is expected to be a cabinet pick for Biden. He is a realistic 21st century businessman. So he knows the various facets of business and admits that this end at TIAA was not part of his career plan. The most active insiders traders include L John Doerr, Brin Sergey y Lawrence Page. Sign up in seconds, it's free! He proudly proclaims himself to be a child of the Brown v. Board of Education decision. All of this speculation will be revealed with Biden's cabinet picks soon. Roger Ferguson Net Worth (2023) | wallmine CA 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. Roger Ferguson Net Worth (2023) | wallmine NZ You'll. 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. He was also Chairman of the Board of Trustees of the Economic Club of New York and of the Business Higher Education Forum. Ferguson received a B.A. Progressives likely wouldn't be happy with a high-powered Wall Street type in such a high ranking position in the new administration. The numbers are high with an annual rate of over 700,000 victims of heart attack in the, Read More Gene Editing Might Change Those Susceptible to Heart DiseaseContinue. Roger Ferguson Net Worth (2023) | wallmine Why Do Law Enforcers Keep Stealing Forfeiture Funds? 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. You can see the complete history of Roger Ferguson stock trades at the bottom of the page. I think there are very, very few households that benefit from the kind of day-in and day-out discussion of finance the way I did. International Flavors & Fragrances Inc. was founded in 1833 and is headquartered in New York, New York. 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. It also offers Yescarta, Tecartus, Trodelvy, and Zydelig products for the treatment of hematology, oncology, and cell therapy patients. Roger Ferguson Net Worth Roger Ferguson biography. 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. On average, Alphabet Inc executives and independent directors trade stock every 3 days with the average trade being worth of $1,059,981. Roger W. Ferguson Jr. Biography, Age, Height, Wife, Net Worth, Family The Working Party released its final report on January 25, 2001. Ferguson Jr., has served as President and Chief Executive Officer of TIAA (formerly TIAA-CREF), a financial services firm, since 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. 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". As the Independent Director of Gilead Sciences, the total compensation of Roger Ferguson at Gilead Sciences is 269,986. 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 oldest executive at Alphabet Inc is AlanMulally, 74, who is the Independent Director. 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. The Cavaliers were never considered a blockbuster basketball teamthat is, until one Lebron James became one of the biggest names in basketball. The study was released on October 10, 2010. Quarterback Marcus Marietta has had an inconsistent season so far, and while still in the hunt to, Read More How Much Does It Cost to Attend a Tennessee Titans Game?Continue, New studies reveal that one in four deaths in the United States is the result of heart attack. Roger Ferguson Net Worth (2023) | wallmine The best leaders are strong and resilient. It was a bravura performance. 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. There are no older and 31 younger executives at Gilead Sciences. In 2014 and 2015, Ferguson served as a member of the Panel of Economic Advisers for the Congressional Budget Office. In addition, he makes $428,298 as Independent Director at Alphabet Inc. In 2016, Ferguson received the Harvard Medal, awarded annually by the Harvard Alumni Association for service to Harvard. 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. There was no corporate ladder to climb because he never saw himself as part of the masses trying to ascend to the top. 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 has also been appointed to the board of directors of several companies.[1]. Roger Ferguson Net Worth (2023) | wallmine Learn how your comment data is processed. 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. While he started with little, he made the most of what he had and has become a Fortune 100 CEO. 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. 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. 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. Between July 1998 and March 2000, Ferguson served as Chairman of the Joint Y2K Council. The study of the regulatory structure of 17 jurisdictions was released on October 6, 2008. The Forum brings together on a regular basis national authorities responsible for financial stability in significant international financial centers. It operates through two segments, Taste and Scent. 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. 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. Roger Ferguson Net Worth | Bio, Family, Address, Career Roger Ferguson Net Worth (2022) | wallmine 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. and bought an estimated value of $393.4M worth of shares. Prior to his term as vice chairman, Ferguson was appointed a member of the Federal Reserve Board of Governors in 1997. He credits these times with giving him a solid perspective on money and finance. Apr 2008 - May 202113 years 2 months. As the Independent Director of Alphabet Inc, the total compensation of Roger Ferguson at Alphabet Inc is $428,298. Mr. Ferguson has been the President and Chief Executive Officer of TIAA (formerly TIAA-CREF) since 2008. With each passing day, Roger Ferguson Tiaa overall profits continue to rise, and he is becoming more popular on the sidelines. 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. Lawrence McRae who sold 41,990 units 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. Roger Ferguson Net Worth (2023) | wallmine Ferguson was the only Federal Reserve Governor in Washington, D.C., during the September 11 attacks in 2001. Over the last 7 years, insiders at Alphabet Inc have traded over $10,858,387,952 worth of Alphabet Inc stock. 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". 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. 10 Things You Didnt Know About Cleveland Cavaliers Owner Dan Gilbert. 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. Ferguson has a well-rounded perspective on business and life because of his experiences growing up, both in Washington D.C. and at Harvard. 20 Things You Didnt Know about Potato Parcel. You may opt-out by, With all thy getting, get understanding. The citation presented with the Medal reviewed Fergusons achievements and featured reflections from Douglas Elmendorf, Drew Faust and Larry Summers. Most recently he bought 1,420 units of GOOG stock worth $59,839 on 14 June 2021. He's been a big backer of Biden and is expected to be considered for a job in his administration. As of 14 June 2021 he still owns at least 6,938 units of Alphabet Inc stock. Simons, a mathematician by trade, could land a key position in the Biden White House. 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. As the Independent Director of Gilead Sciences, the total compensation of Roger Ferguson at Gilead Sciences is 269,986. How Much Does It Cost to Attend a Tennessee Titans Game? As of 14 June 2021 he still owns at least 6,938 units of Alphabet Inc stock. Dr. Roger W. Ferguson Jr. serves as Independent Director of the Company. [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. This segment serves perfume and toiletries manufacturers in the cosmetics industry; and manufacturers of soaps, detergents, fabric care, household cleaners, and air fresheners in the household products industry. As Vice Chairman, among other duties, Ferguson represented the Federal Reserve in international policy groups. 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? As the Independent Director of Alphabet Inc, the total compensation of Roger Ferguson at Alphabet Inc is $428,298. [3], In 2019, Ferguson received the Harvard Centennial Medal. Dr. Roger W. Ferguson Jr. serves as Independent Director of the Company. International Flavors & Fragrances Inc., together with its subsidiaries, manufactures flavors and fragrances for use in various consumer products. Larry Page and Sergey Brin founded Google in September 1998. 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. 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. Dr. Roger W. Ferguson Jr., Ph.D., J.D. Roger W. Ferguson Jr.s income source is mostly from being a successful . [8][9] Ferguson also served as Treasurer of the Friends of Education, a Trustees' Committee of The Museum of Modern Art. The study, which has been translated into three languages. 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 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. Roger Ferguson doesnt like making excuses for personal or financial failure. In the last 20 years, insiders at Corning Inc /ny have sold an estimated value of $923.75M [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. He has some unique views on the corporate ladder, leadership, and money, as you will see as you read on. The oldest executive at Alphabet Inc is AlanMulally, 74, who is the Independent Director. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Ferguson also served as Chairman of the Group of Ten Working Party on Financial Sector Consolidation. Roger Ferguson Jr usually trades in May, with the busiest year in 2021. Table of Contents show 1. Roger Ferguson is 68, he's been the Independent Director of Gilead Sciences since 2015. Insider trading is most common in February, with the busiest year in 2005. Ferguson Jr., has served as President and Chief Executive Officer of TIAA (formerly TIAA-CREF), a financial services firm, since 2008. [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". over $59.84K on June 14, 2021. He has a good relationship with Biden and senior members of his campaign. On February 22, 2006, Ferguson sent his resignation letter to President George W. Bush. The study was released on April 12, 2012. cum laude in 1979, and a Ph.D. in economics in 1981, all from Harvard University. Roger W. Ferguson, President and CEO of Teachers Insurance and Annuity Association of America. The study of the regulatory structure of 17 jurisdictions was released on October 6, 2008. 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. With three co-authors, in November 2007 Ferguson published "International Financial Stability", Geneva Report No. Yet he is consistent with his approach to financial security, maintaining that the younger you begin to prepare for the financial uncertainties that are certain to come, the better off you will be in the long run. Wendell Weeks, Chairman and CEO, He has some unique views on the corporate ladder, leadership, and money, as you will see as you read on. 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, Stocks and cryptocurrency portfolio tracker. Roger has served as the President and Chief Executive Officer of TIAA, a major financial services company, since April 2008. And then suddenly figured out, in a more formal way, that the Federal Reserve was the organization that really set interest rates. He believes in financial well-being regardless of how old you are. As the Independent Director of Gilead Sciences, the total compensation of Roger Ferguson at Gilead Sciences is 269,986.