Originally Published by TIAA.
TIAA, a leading financial services provider, announced the election of nine individuals to serve on the College Retirement Equities Fund (CREF) Board of Trustees following the conclusion of the CREF participant meeting on July 20.
CREF is a SEC-registered investment company and the companion organization to TIAA, a New York-based life insurance company.
The purpose of the CREF participant meeting was to elect nine Trustees to its Board. Each CREF Trustee is elected to serve a four-year term. During the quadrennial CREF participant meeting, CREF participants elected the following individuals to the CREF Board of Trustees:
- Forrest Berkley
- Janice C. Eberly
- Nancy A. Eckl
- Michael A. Forrester
- Howell E. Jackson
- Thomas J. Kenny
- James M. Poterba
- Maceo K. Sloan
- Laura T. Starks
Earlier in the week, Roger W. Ferguson, Jr., president and chief executive officer of TIAA, met with CREF participants and provided a management update on the organization’s achievements and progress on serving its customers. Separately, TIAA policyholders expressed support for the organization’s executive compensation policies through an advisory vote on the compensation of TIAA’s named executive officers. Preliminary results of the TIAA advisory vote on executive compensation show that the TIAA policyholders approved of the quality of TIAA’s executive compensation plan and disclosure, including its connection to performance, achievement of TIAA’s business objectives and creation of long-term value for policyholders.
