[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. And then we have to build in the annuity option, the guaranteed-income option, the personal-pension option into plans., This is a BETA experience. made several concrete and practical recommendations to enhance governance of financial institutions, including recommendations for management, boards of directors, supervisors and shareholders. The position eventually went to Ben Bernanke. Sign up in seconds, it's free! Following two previous reports, the study expands on the role of conduct and culture in the governance of the world's largest financial institutions. 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 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. Roger Ferguson Net Worth The estimated Net Worth of Roger W. Jr. Ferguson is at least Alphabet Inc stock worth over $698,726 and over the last 12 years he sold GOOG stock worth over $0. Roger W. Ferguson Jr.'s net worth 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. Ferguson also served as Treasurer of the Friends of Education, a Trustees' Committee of The Museum of Modern Art. 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. 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, he was an associate and partner at McKinsey & Company. 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 Jr - Director, Corning Inc /ny As of October 4, 2022 What is Roger Ferguson Jr's Net Worth? Over the last 7 years, insiders at Alphabet Inc have traded over $10,858,387,952 worth of Alphabet Inc stock. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. Roger Ferguson Jr owns about 6,938 units of Corning Inc /ny common stock. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. This is in part due to the global nature of business and the influence the Internet has played in both education and experience. 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. 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. From 1984 to 1997, Mr. Ferguson was an associate and partner at the consulting firm McKinsey & Company. From November, 1997, until his appointment as Vice Chairman in October, 1999, he served as a Member of the Federal Reserve Board of Governors. Prior to his term as vice chairman, Ferguson was appointed a member of the Federal Reserve Board of Governors in 1997. The most recent transaction was a purchase order of 1,420 units , worth Insider trading is most common in February, with the busiest year in 2005. 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. A lack of information requires people to step up and find out what they dont know through asking questions. The legal protection for an electronic "substitute check" in turn is a key element in the development and growth of mobile banking. He is a fellow of the American Academy of Arts & Sciences and co-chairs its Commission on the Future of Undergraduate Education. The study was released on October 10, 2010. 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. Roger's mailing address filed with the SEC is 415, Kearny Street, Telegraph Hill, San Francisco, California, 94133, United States. 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 doesnt like making excuses for personal or financial failure. 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. 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. 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 Net Worth The estimated Net Worth of Roger W. Jr. Ferguson is at least Alphabet Inc stock worth over $732,028 and over the last 12 years he sold GOOG stock worth over $0. Last updated: 1 March 2023 at 11:00am EST. Dr. Roger W. Ferguson Jr., Ph.D., J.D. Gilead Sciences, Inc., a research-based biopharmaceutical company, discovers, develops, and commercializes medicines in the areas of unmet medical need in the United States, Europe, and internationally. He grew up during the times of the Civil Rights Movement and the Vietnam War. So, how much is Roger W. Ferguson Jr. worth at the age of 70 years old? While he started with little, he made the most of what he had and has become a Fortune 100 CEO. James Simons, the founder of Renaissance Technology donated more than $25 million to Democrats in the 2020 campaigns. The IJCB has more than 50 sponsoring institutions. 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. 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 served as the vice chairman of the Group of 30 study group that published "The Structure of Financial Supervision: Approaches and Challenges in a Global Marketplace". Dr. Roger W. Ferguson Jr., Ph.D., J.D. Prior to joining TIAA, Mr. Ferguson served as the Chairman of Swiss Re America Holding Corporation, a global reinsurance company, from 2006 to 2008. In October 2015, Alphabet became the parent holding company of Google. 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. Roger W. Ferguson Jr. has a history of serving as a member of several not-for-profit boards. The study was released on October 10, 2010. Ferguson also has thoughts on the student debt crisis, so many Americans lack of financial literacy and much else. Donald Trump Is Putting Together The Wealthiest Administration In History. Sign up in seconds, it's free! We have estimated Roger W. Ferguson Jr.'s net worth, money, salary, income, and assets. As the Independent Director of Alphabet Inc, the total compensation of Roger Ferguson at Alphabet Inc is $428,298. Roger Ferguson Net Worth Roger Ferguson biography. 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. There are no older and 31 younger executives at Gilead Sciences. Roger Ferguson Net Worth The estimated Net Worth of Roger W. Jr. Ferguson is at least Alphabet Inc stock worth over $627,958 and over the last 12 years he sold GOOG stock worth over $0. As the Independent Director of Alphabet Inc, the total compensation of Roger Ferguson at Alphabet Inc is $428,298. Ferguson has co-authored, edited or led study groups or commissions that have produced numerous publications, including monographs, occasional papers, study group reports and commission reports. In June, 2016, Alphabet Inc. appointed Roger W. Ferguson Jr. to its board of directors. He is a realistic 21st century businessman. In addition, Mr. Ferguson led the Feds initial response on 9/11. 1. In addition to making more money each day, Roger Ferguson is becoming more and more well-known by the day. He is expected to be a cabinet pick for Biden. Lawrence McRae who sold 41,990 units worth over $59.84K on June 14, 2021. The Cavaliers were never considered a blockbuster basketball teamthat is, until one Lebron James became one of the biggest names in basketball. You can see the complete history of Roger Ferguson stock trades at the bottom of the page. In addition, he makes $428,298 as Independent Director at Alphabet Inc. serves as Independent Director of the Company. Family Friday TV faire was spent with Louis Rukeyser. Roger W. Ferguson, President and CEO of Teachers Insurance and Annuity Association of America. His resignation came into effect on April 28, 2006. He was formerly a member of both the Commission on the Future of Graduate Education (sponsored by the Council of Graduate Schools) and the Commission on the Humanities and Social Sciences (sponsored by the American Academy of Arts and Sciences). 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. 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 Net Worth Roger Ferguson biography. 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 most active insiders traders include L John Doerr, Brin Sergey, and Lawrence Page. On average, Roger trades about 105 units every 1 days since 2011. [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". Corning Inc /ny's most recent insider trade came on March 1, 2023 by In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. Last updated: 1 March 2023 at 11:00am EST. 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. Ferguson served as chairman of the Group of 30 study group that published "Toward Effective Governance of Financial Institutions". You can see the complete history of Roger Ferguson stock trades at the bottom of the page. Garrett by trade is a personal finance freelance writer and journalist. Why Do Law Enforcers Keep Stealing Forfeiture Funds? A recent investigation by Forbes and Business Insider has shown that Roger Ferguson estimated net worth is more than a couple of million dollars, according to the publication. Table of Contents show 1. The most active traders at the company are 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 study was released on April 12, 2012. He's been a big backer of Biden and is expected to be considered for a job in his administration. We have estimated His mother taught him that education is something no one can ever take away from you. 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. 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. He sees both the business and America as places where people can prosper as a result of, not in spite of, diversity. On June 19, 2006, Swiss Re announced his appointment as Chairman of Swiss Re America Holding Corporation and Member of Swiss Re's Executive Board. Over the last 7 years, insiders at Alphabet Inc have traded over $10,858,387,952 worth of Alphabet Inc stock. In his role as Chairman of the CGFS, Ferguson monitored financial markets and reported on financial conditions and financial stability to the Group of Ten (G10) Central Bank Governors. 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. Prior to joining TIAA, Mr. Ferguson served as the Chairman of Swiss Re . 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. We have to encourage people to save more at an earlier age. Roger's mailing address filed with the SEC is 415, Kearny Street, Telegraph Hill, San Francisco, California, 94133, United States. In 2016, Ferguson received the Harvard Medal, awarded annually by the Harvard Alumni Association for service to Harvard. How much does Roger Ferguson make? [21] The final report was issued in September, 2012, under the title, "Aging and the Macroeconomy: Long-Term Implications of an Older Population". Those two geniuses, Andrew Carnegie in 1918 and Bill Greenough in 1952, both in their own ways revolutionized retirement in America. Dr. Roger W. Ferguson Jr. serves as Independent Director of the Company. He began his career as a lawyer, later becoming a consultant, followed by serving in the public sector. In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. Joe Biden is President-elect of the United States. These works cover a wide range of topics in financial regulation, financial stability, financial institution culture and governance. In addition, he makes $428,298 as Independent Director at Alphabet Inc. In the last 20 years, insiders at Corning Inc /ny have sold an estimated value of $923.75M Wendell Weeks, Chairman and CEO, serves as Independent Director of the Company. 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. Between July 1998 and March 2000, Ferguson served as Chairman of the Joint Y2K Council. The best leaders are strong and resilient. [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". Learn How rich is He in this year and how He spends money? Ferguson also served as Chairman of the Group of Ten Working Party on Financial Sector Consolidation. Following two previous reports, the study expands on the role of conduct and culture in the governance of the world's largest financial institutions. 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. Mr. Ferguson served as Vice Chairman of the Board of Governors of the U.S. Federal Reserve System from 1999 to 2006. The study was released July, 2015. As an African American family in the lower socioeconomic stratum of the day, he remembers that when growing up his entire family would gather every Friday to watch the venerable Wall Street Week program about money and Wall Street. From 1984 to 1997, Mr. Ferguson was an associate and partner at the consulting firm McKinsey & Company. All of this speculation will be revealed with Biden's cabinet picks soon. As the Independent Director of Gilead Sciences, the total compensation of Roger Ferguson at Gilead Sciences is 269,986. 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. Ferguson received a B.A. While some fathers would talk about sports, Ferguson related from his memories at the dinner table that his father would also include discussions about investment as a matter of family table talk. He is also one of the most prominent black men on Wall Street. Asking questions is a part of a leadership model and an informed consumer. The company has operations in Europe, Africa, the Middle East, Greater Asia, North America, and Latin America. Roger Ferguson Net Worth Roger Ferguson biography. 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. ", 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. Ferguson has a well-rounded perspective on business and life because of his experiences growing up, both in Washington D.C. and at Harvard. Roger Ferguson is 68, he's been the Independent Director of International Flavors & Fragrances since 2010. Tom Steyer (Photo by Justin Sullivan/Getty Images). 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. His insights are worth listening to. and current macroeconomic topics. 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. Year: Net Worth: 2019: $1 Million: 2020: $1.5 Million: You may opt-out by, With all thy getting, get understanding. When asked about what makes a great leader, he says that being able to ask the necessary questions to learn what you dont know about the organization or group of people you are leading is essential to understanding what really is going on. 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. How Much Does It Cost to Attend a Tennessee Titans Game? The estimated Net Worth of Roger W. Jr. Ferguson is at least $1.04 Milln dollars as of 14 June 2021. 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, 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. 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 $1 trillion, steps down", "External Advisory Group | McKinsey & Company", "The Astonishing Story of the Federal Reserve on 9-11", "Vice Chairman of the Fed, a Greenspan Ally, Resigns", https://www.nytimes.com/2001/09/24/opinion/24iht-eddavid_ed2_html, "Fed Vice Chairman Resigns, Adding to Turnover at Top", "Central bankers must work 'more closely together', "The Structure of Financial Supervision: Approaches and Challenges in a Global Marketplace", "Enhancing Financial Stability and Resilience: Macroprudential Policy, Tools, and Systems for the Future", "Obama to meet with economic team, talk to media", "Factbox: CEOs named to Obama's U.S. jobs council", "Toward Effective Governance at Financial Institutions", "Banking Conduct and Culture: A Call for Sustained and Comprehensive Reform", "Committee: Long-Run Macro-Economic Effects of the Aging U.S. Population", "Home | National-Academies.org | Where the Nation Turns for Independent, Expert Advice", International Financial Stability, Geneva Report No 9, Cambridge Endowment for Research in Finance. He also ran to be the Democratic nominee for President. Ferguson was the only Federal Reserve Governor in Washington, D.C., during the September 11 attacks in 2001. Submit a correction suggestion and help us fix it! It also offers Yescarta, Tecartus, Trodelvy, and Zydelig products for the treatment of hematology, oncology, and cell therapy patients. In addition, he makes 428,298$ as Independent Director at Alphabet Inc. 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 1.05 $ dollars as of 14 June 2021. Last updated: 9 February 2023 at 4:09pm EST. 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. Net Worth in 2021. 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). Ferguson was Vice Chairman of the Board of Governors of the Federal Reserve System from 1999 to 2006. From 1973 to 1974, he attended Pembroke College at Cambridge University on a Frank Knox Memorial Fellowship. From 1973 to 1974, he attended Pembroke College at Cambridge University on a Frank Knox Memorial Fellowship. As Vice Chairman, among other duties, Ferguson represented the Federal Reserve in international policy groups. At 71 years old, Roger W. Ferguson Jr. height not available right now. 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. 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. On average, Roger trades about 105 units every 1 days since 2011. Ferguson earned all three of his degrees at Harvard a bachelors in Economics, a law degree, and finally a doctorate. [13], With three co-authors, in November 2007 Ferguson published "International Financial Stability", Geneva Report No. Ferguson Is a member of the Board of Trustees of the Group of Thirty. There are 7 executives at International Flavors & Fragrances getting paid more, with AndreasFibig having the highest compensation of $7,629,080. Between 2010 and 2012, Ferguson co-chaired a National Research Council panel on the Long-Run Macro-Economic Effects of the Aging U.S. Population. Prior to joining TIAA, Mr. Ferguson served as the Chairman of Swiss Re America Holding Corporation, a global reinsurance company, from 2006 to 2008. Sign up in seconds, it's free! The right course is not always the most popular one, but that is where being strong and resilient becomes an important personal characteristic. 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. Which Billionaires Are Funding The Democratic Candidates' Campaigns. Lawrence McRae who sold, In the last 20 years, insiders at Corning Inc /ny have sold an estimated value of, Mailing address is International Flavors & Fragrances Inc. 521 West 57th Street New York NY 10019 NY. and bought an estimated value of $393.4M worth of shares. In addition, he makes $428,298 as Independent Director at Alphabet Inc. He proudly proclaims himself to be a child of the Brown v. Board of Education decision. 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.
March 14, 2023