Ferguson also served as Chairman of the Group of Ten Working Party on Financial Sector Consolidation. Year: Net Worth: 2019: $1 Million: 2020: $1.5 Million: In addition, he makes 428,298$ as Independent Director at Alphabet Inc. 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. Another Goldman Sachs executive, Margaret Anadu, who heads up the investment bank's urban-investment department is expected to get an economic policy position. $60K on May 19, 2021. 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. He has some unique views on the corporate ladder, leadership, and money, as you will see as you read on. 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. As of 14 June 2021 he still owns at least 6,938 units of Alphabet Inc stock. Dr. Roger W. Ferguson Jr., Ph.D., J.D. Gilead Sciences executives and other stock owners filed with the SEC include: Add meg a wallmine-t egy prblkozssal ez ingyenes. His resignation came into effect on April 28, 2006. The study was released on April 12, 2012. 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. Sign up in seconds, it's free! The final report was issued in September, 2012, under the title, "Aging and the Macroeconomy: Long-Term Implications of an Older Population". He is from United States. 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, a top Black Wall Street exec who manages $1 - CNN 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. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. 2023 Celebrity Net Worth / All Rights Reserved. ", 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. These works cover a wide range of topics in financial regulation, financial stability, financial institution culture and governance. Lawrence McRae who sold 41,990 units worth He also serves as a Regent of the Smithsonian Institution, having been approved in 2017 by both Houses of Congress for a six-year term. Mr. Ferguson served 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. 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. serves as Independent Director of the Company. Roger Ferguson Net Worth (2022) | wallmine CA and current macroeconomic topics. You'll. Donald Sussman, who heads up Paloma Advisors gave $26.3 million to Democrats, making him the third-largest Democratic backer after Tom Steyer and Michael Bloomberg. Ferguson also served as Treasurer of the Friends of Education, a Trustees' Committee of The Museum of Modern Art. Year: Net Worth: 2019: $25 Million : 2020: In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. Mr. Ferguson has been the President and Chief Executive Officer of TIAA (formerly TIAA-CREF) since 2008. As President of TIAA-CREF Ferguson manages more than $1 trillion in retirement assets. From 1973 to 1974, he attended Pembroke College at Cambridge University on a Frank Knox Memorial Fellowship. in economics magna cum laude in 1973, a J.D. Dr. Roger W. Ferguson Jr., Ph.D., J.D. 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. So, how much is Roger W. Ferguson Jr. worth at the age of 70 years old? This is in part due to the global nature of business and the influence the Internet has played in both education and experience. The estimated Net Worth of Roger W. Jr. Ferguson is at least $1.04 Milln dollars as of 14 June 2021. The right course is not always the most popular one, but that is where being strong and resilient becomes an important personal characteristic. 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. [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". Roger W. Ferguson, Jr. - Former President and CEO - LinkedIn Over the last 7 years, insiders at Alphabet Inc have traded over $10,858,387,952 worth of Alphabet Inc stock. 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. 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". 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. Prior to joining TIAA, Mr. Ferguson served as the Chairman of Swiss Re America Holding Corporation, a global reinsurance company, from 2006 to 2008. 9, dealing with challenges to global financial stability and including observations regarding the liquidity crisis of 2007. Roger Ferguson Tiaa Net Worth | Bio, Family, Address, Career The citation presented with the Medal reviewed Fergusons achievements and featured reflections from Douglas Elmendorf, Drew Faust and Larry Summers. Mr. Ferguson has been the President and Chief Executive Officer of TIAA (formerly TIAA-CREF) since 2008. Ferguson was also a most unusual child: As a youngster, he devoured economic writings. Dr. Roger W. Ferguson Jr. serves as Independent Director of the Company. He is a fellow of the American Academy of Arts & Sciences and co-chairs its Commission on the Future of Undergraduate Education. American economist, lawyer and businessesman (born 1951), Learn how and when to remove these template messages, Learn how and when to remove this template message, Teachers Insurance and Annuity Association of America, THE MARKETS; Fed Reconsiders Policy Of Disclosing Tilt on Rates, 2001 LC Honorary Degree Recipient Shows Strength During Crisis, "HAA Announces 2016 Harvard Medalists | Stories", "Roger Ferguson: 2019 Centennial Medal Citation | Harvard University - The Graduate School of Arts and Sciences", "Bernanke Seen as Safe Pick For a White House in Straits", "Roger Ferguson, a top Black Wall Street exec who manages $1 trillion, steps down", "External Advisory Group | McKinsey & Company", "The Astonishing Story of the Federal Reserve on 9-11", "Vice Chairman of the Fed, a Greenspan Ally, Resigns", https://www.nytimes.com/2001/09/24/opinion/24iht-eddavid_ed2_html, "Fed Vice Chairman Resigns, Adding to Turnover at Top", "Central bankers must work 'more closely together', "The Structure of Financial Supervision: Approaches and Challenges in a Global Marketplace", "Enhancing Financial Stability and Resilience: Macroprudential Policy, Tools, and Systems for the Future", "Obama to meet with economic team, talk to media", "Factbox: CEOs named to Obama's U.S. jobs council", "Toward Effective Governance at Financial Institutions", "Banking Conduct and Culture: A Call for Sustained and Comprehensive Reform", "Committee: Long-Run Macro-Economic Effects of the Aging U.S. Population", "Home | National-Academies.org | Where the Nation Turns for Independent, Expert Advice", International Financial Stability, Geneva Report No 9, Cambridge Endowment for Research in Finance. 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". From 1984 to 1997, Mr. Ferguson was an associate and partner at the consulting firm McKinsey & Company. [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]. Dr. Roger W. Ferguson Jr. serves as Independent Director of the Company. Submit a correction suggestion and help us fix it! Roger Ferguson Net Worth (2023) | wallmine The estimated Net Worth of Roger W. Jr. Ferguson is at least $1.08 Million dollars as of 14 June 2021. $1 Million - $5 Million. 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 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. 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. 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. 1. As the Independent Director of Gilead Sciences, the total compensation of Roger Ferguson at Gilead Sciences is 269,986. 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 active insiders traders include L John Doerr, Brin Sergey, and Lawrence Page. 9. 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. Roger Ferguson is 68, he's been the Independent Director of Alphabet Inc since 2016. Roger Ferguson Jr's largest purchase order was, In total, Roger Ferguson Jr has made about, The most recent transaction was a purchase order of, Corning Inc /ny's most recent insider trade came on March 1, 2023 by 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. He has some unique views on the corporate ladder, leadership, and money, as you will see as you read on. Series: Continuing The Review Of Federal Housing Programs. Learn how your comment data is processed. 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. He was also a member of the Board of Directors of Audax Health, a start-up that blends social media with health care, until 2014, when Audax Health was sold to Optum. You may opt-out by, With all thy getting, get understanding. The current estimated net worth of Corning Inc /ny's Director, Roger Ferguson Jr, is estimated to be about $1.77M . in economics magna cum laude in 1973, a J.D. Roger Ferguson Net Worth (2023) | wallmine CA Roger has served as the President and Chief Executive Officer of TIAA, a major financial services company, since April 2008. International Flavors & Fragrances 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. Ferguson was also a most unusual child: As a youngster, he devoured economic writings. Roger Ferguson Net Worth Roger Ferguson biography. 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. 5. The position eventually went to Ben Bernanke. NDVR Names Roger W. Ferguson, Jr. to Advisory Board - PR Newswire The company was founded in 1987 and is headquartered in Foster City, California. In 2015, Ferguson became a member of the Board of Directors of General Mills. The most active insiders traders include L John Doerr, Brin Sergey y Lawrence Page. He believes in financial well-being regardless of how old you are. Roger Ferguson Net Worth (2023) | wallmine 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. 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. 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. Dr. Roger W. Ferguson Jr., Ph.D., J.D. 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 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. 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. 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. [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 a member of famous with the age 71 years old group. 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. He is from United States. 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. [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". 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. Roger W. Ferguson Jr.s income source is mostly from being a successful . From 1984 to 1997, Mr. Ferguson was an associate and partner at the consulting firm McKinsey & Company. Ferguson served as chairman of the Group of 30 study group that published "Toward Effective Governance of Financial Institutions". Roger Ferguson Net Worth (2023) | wallmine In 2014 and 2015, Ferguson served as a member of the Panel of Economic Advisers for the Congressional Budget Office. He was based in New York City from 1984 to 1997, and managed a variety of studies for financial institutions. The company has operations in Europe, Africa, the Middle East, Greater Asia, North America, and Latin America. I live in North San, Read More The Life-Work Balance of Servant LeadersContinue, Football is one of the most popular American pastimes. His mother was a school teacher, yet he did not know anyone who was anyone other than African American descent until he reached the 7th grade. Roger Ferguson Net Worth (2023) | wallmine Roger W. Ferguson Jr.'s income source is mostly from being a successful . 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. 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. So, how much is Roger W. Ferguson Jr. worth at the age of 71 years old? [19], 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". Prior to joining TIAA, Mr. Ferguson served as Chairman of Swiss Re America Holding Corporation, a global insurance company, from 2006 to 2008. Over the last 7 years, insiders at Alphabet Inc have traded over $10,858,387,952 worth of Alphabet Inc stock. Roger holds a Bachelor of Arts degree in economics, a Doctoral degree in economics, and a Juris Doctor degree, all from Harvard University. With over 10 years experience he's covered businesses, CEOs, and investments. Sign up in seconds, it's free! It seems to have worked out well for him. Dr. Ferguson also served as Director of Research and Information Systems, overseeing a staff of 400 research professionals and managing the firm's investments in knowledge management technologies. Roger Ferguson is 68, he's been the Independent Director of International Flavors & Fragrances since 2010. 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. Ferguson Is a member of the Board of Trustees of the Group of Thirty. International Flavors & Fragrances Inc., together with its subsidiaries, manufactures flavors and fragrances for use in various consumer products. The largest trade he's ever made was buying 1,420 units of Alphabet Inc stock on 14 June 2021 worth over $59,839. 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. 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. There are 16 executives at Gilead Sciences getting paid more, with JeffreyHarmening having the highest compensation of $15,837,600. Ferguson has a well-rounded perspective on business and life because of his experiences growing up, both in Washington D.C. and at Harvard. Table of Contents show 1. He also ran to be the Democratic nominee for President. We will update Roger W. Ferguson Jr.'s Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. On February 22, 2006, Ferguson sent his resignation letter to President George W. Bush. As one of a very few African American CEOs who lead Fortune 100 companies, the issue of diversity and other social justice matters are connected to these early life experiences. Prior to joining TIAA, Mr. Ferguson served as the Chairman of Swiss Re . Roger W. Ferguson Jr. has a history of serving as a member of several not-for-profit boards. 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. As Vice Chairman, among other duties, Ferguson represented the Federal Reserve in international policy groups. The oldest executive at Alphabet Inc is AlanMulally, 74, who is the Independent Director. After leaving the Fed, he served as president and CEO of the Teachers Insurance and Annuity Association of America (TIAA) from 2008 to 2021. Those two geniuses, Andrew Carnegie in 1918 and Bill Greenough in 1952, both in their own ways revolutionized retirement in America. Sign up in seconds, it's free! 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, attorney and corporate executive who served as the 17th vice chairman of the Federal Reserve from 1999 to 2006. Sign up in seconds, it's free! 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 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. How much does Roger Ferguson make? Wendell Weeks, Chairman and CEO, 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. 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. 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). 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. Roger's mailing address filed with the SEC is 415, Kearny Street, Telegraph Hill, San Francisco, California, 94133, United States. 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. Additionally, Ferguson's leadership style and leadership of TIAA have been highlighted in several management books, including "The Extraordinary Power of Leader Humility" by Marilyn Gist and "The Harvard Business Review Leader's Handbook: Make an Impact, Inspire Your Organization, and Get to the Next Level" by Ron Ashkenas and Brook Manville. While at the Fed, Ferguson served as Chairman of the Group of Ten Working Party on Financial Sector Consolidation. Roger Ferguson Net Worth (2023) | wallmine There are 16 executives at Gilead Sciences getting paid more, with Jeffrey Harmening having the highest compensation of $15,837,600. Jamie Dimon, CEO of JPMorgan Chase could be considered for Treasury secretary. [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 ferguson net worth. The best leaders are strong and resilient. International Flavors & Fragrances Inc. was founded in 1833 and is headquartered in New York, New York. 7. One stumbling block to that appointment, however, is the progressive element of the Democratic party. The most active traders at the company are Last updated: 1 March 2023 at 11:00am EST. Asking questions is a part of a leadership model and an informed consumer. Roger Ferguson Net Worth Roger Ferguson biography. From 1984 to 1997, he was an associate and partner at McKinsey & Company. There are 9 executives at Alphabet Inc getting paid more, with SundarPichai having the highest compensation of $280,622,016. On average, Alphabet Inc executives and independent directors trade stock every 3 days with the average trade being worth of $1,059,981. In addition, he makes $428,298 as Independent Director at Alphabet Inc. serves as Independent Director of the Company. It is expected that Siewert could also take a position in Biden's White House. In addition, he makes $428,298 as Independent Director at Alphabet Inc. [13], With three co-authors, in November 2007 Ferguson published "International Financial Stability", Geneva Report No. In addition to making more money each day, Roger Ferguson is becoming more and more well-known by the day.