The Working Party released its final report on January 25, 2001. [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". The current estimated net worth of Corning Inc /ny's Director, Roger Ferguson Jr, is estimated to be about $1.77M . In October 2015, Alphabet became the parent holding company of Google. The company has operations in Europe, Africa, the Middle East, Greater Asia, North America, and Latin America. Kirk Gregg, Ferguson Jr., has served as President and Chief Executive Officer of TIAA (formerly TIAA-CREF), a financial services firm, since 2008. 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. Roger W. Ferguson Jr. has a history of serving as a member of several not-for-profit boards. The most active traders at the company are His mother taught him that education is something no one can ever take away from you. He participated in the Bilderberg Conferences in 2016, 2017 and 2018. Larry Page and Sergey Brin founded Google in September 1998. Greater New York City Area. Tom Steyer (Photo by Justin Sullivan/Getty Images). You can see the complete history of Roger Ferguson stock trades at the bottom of the page. He was also Chairman of the Board of Trustees of the Economic Club of New York and of the Business Higher Education Forum. He is from United States. Ferguson was Vice Chairman of the Board of Governors of the Federal Reserve System from 1999 to 2006. 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. Year: Net Worth: 2019: $1 Million: 2020: $1.5 Million: The study was released on October 10, 2010. 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. 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. Roger Ferguson Net Worth (2023) | wallmine CA 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. Ferguson has a well-rounded perspective on business and life because of his experiences growing up, both in Washington D.C. and at Harvard. Ferguson proposed the idea of a journal dedicated to central banking theory and practice. Mr. Ferguson served as Vice Chairman of the Board of Governors of the U.S. Federal Reserve System from 1999 to 2006. 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. And I think that has played into some of the challenges that were confronting here economically, including the retirement crisis., I had spent so much time with my fatherinformallyweek-in, week-out, talking about interest rates. You'll. 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. Ferguson received a B.A. 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. International Flavors & Fragrances Inc. was founded in 1833 and is headquartered in New York, New York. Ferguson was the only Federal Reserve Governor in Washington, D.C. during the September 11 attacks in 2001. There was no corporate ladder to climb because he never saw himself as part of the masses trying to ascend to the top. 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. View popular celebrities life details, birth signs and real ages. There are 1 older and 16 younger executives at Alphabet Inc. International Flavors & Fragrances Inc., together with its subsidiaries, manufactures flavors and fragrances for use in various consumer products. 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. The position eventually went to Ben Bernanke. Learn How rich is He in this year and how He spends money? Which Billionaires Are Funding The Democratic Candidates' Campaigns. 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. On October 3, 2006, Swiss Re announced his appointment as Head of Financial Services and Member of Swiss Re's Executive Committee. 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. The Council, supported by the Bank for International Settlements, was formed to address issues associated with the Year 2000 computer challenge within the global financial supervisory community. He is from United States. 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. From 1984 to 1997, Mr. Ferguson was an associate and partner at the consulting firm McKinsey & Company. [11], Alan Greenspan has called Ferguson "one of the most effective Vice Chairmen in the history of the Federal Reserve. 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 Ferguson Net Worth The estimated Net Worth of Roger W. Jr. Ferguson is at least Alphabet Inc stock worth over $775,530 and over the last 11 years he sold GOOG stock worth over $0. Roger Ferguson Net Worth (2023) | wallmine He is expected to be a cabinet pick for Biden. Dr. Roger W. Ferguson Jr., Ph.D., J.D. Roger Ferguson Net Worth (2023) | wallmine He has had amazing career in education (three degrees from Harvard), the nonprofit world, the private sector and government. He credits these times with giving him a solid perspective on money and finance. Ferguson earned all three of his degrees at Harvard a bachelors in Economics, a law degree, and finally a doctorate. Over the last 7 years, insiders at Alphabet Inc have traded over $10,858,387,952 worth of Alphabet Inc stock. From 1984 to 1997, Mr. Ferguson was an associate and partner at McKinsey & Company. Youll enjoyand benefit fromthe observations of this remarkable man. 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. Prior to his term as vice chairman, Ferguson was appointed a member of the Federal Reserve Board of Governors in 1997. 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. It seems to have worked out well for him. 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. So he knows the various facets of business and admits that this end at TIAA was not part of his career plan. serves as Independent Director of the Company. As the Independent Director of Gilead Sciences, the total compensation of Roger Ferguson at Gilead Sciences is 269,986. From 1973 to 1974, he attended Pembroke College at Cambridge University on a Frank Knox Memorial Fellowship. We have estimated Roger W. Ferguson Jr.'s net worth, money, salary, income, and assets. As a result, there are bounds to be lots and lots of people who are interested in watching the New Orleans Saints play at the Mercedes-Benz, Read More How Much Does it Cost to Attend a New Orleans Saints Game?Continue, Back in 2015, Alex Craig, a then 24-year-old mobile app developer from Dallas, Texas, stumbled on the unusual, and as it turns out, genius, idea of creating a business built around the very humble (but, Read More 20 Things You Didnt Know about Potato ParcelContinue, After high preseason expectations, the Titans are a group that seems to be still looking for an identity. The estimated Net Worth of Roger W. Jr. Ferguson is at least $1.04 Milln dollars as of 14 June 2021. Roger Ferguson Net Worth Roger Ferguson biography. 8. roger ferguson net worth - Net Worth The study of the regulatory structure of 17 jurisdictions was released on October 6, 2008. His net worth has been growing significantly in 2021-2022. Discover Roger W. Ferguson Jr.'s Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. 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. Roger Ferguson owns over 1,420 units of Alphabet Inc stock worth over $615,609 and over the last 12 years he sold GOOG stock worth over $0. 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 Forum brings together on a regular basis national authorities responsible for financial stability in significant international financial centers. Population. The largest trade he's ever made was buying 1,420 units of Alphabet Inc stock on 14 June 2021 worth over $59,839. As the Independent Director of Alphabet Inc, the total compensation of Roger Ferguson at Alphabet Inc is $428,298. Nides is likely to be placed in international affairs. Why Do Law Enforcers Keep Stealing Forfeiture Funds? Following two previous reports, the study expands on the role of conduct and culture in the governance of the world's largest financial institutions. Roger Ferguson Net Worth (2023) | wallmine 7. The position eventually went to Ben Bernanke. He has served as a member of our Board of Directors since June 2016. over $59.84K on June 14, 2021. "[12], Ferguson proposed the idea of a journal dedicated to central banking theory and practice. BOSTON, July 14, 2022 /PRNewswire/ -- NDVR (pronounced "endeavor"), a start-up pioneering a new category of Wealth Optimization for High Net Worth investors, today announced that Roger W.. Sign up in seconds, it's free! In addition, Mr. Ferguson led the Feds initial response on 9/11. 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). cum laude in 1979, and a Ph.D. in economics in 1981, all from Harvard University. 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. He was the first African-American vice chairman. and current macroeconomic topics. As Vice Chairman, among other duties, Ferguson represented the Federal Reserve in international policy groups. 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. The citation presented with the Medal reviewed Fergusons achievements and featured reflections from Douglas Elmendorf, Drew Faust and Larry Summers. [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". Dr. Roger W. Ferguson Jr., Ph.D., J.D. Roger Ferguson Net Worth (2023) | wallmine There are 1 older and 16 younger executives at Alphabet Inc. 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. Today, the Cavaliers have continued to be a contender team, and their successes, Read More 10 Things You Didnt Know About Cleveland Cavaliers Owner Dan GilbertContinue, I was recently asked about how I balance the demands of my CEO work life at Datron with my personal life. 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. Ferguson also has thoughts on the student debt crisis, so many Americans lack of financial literacy and much else. 10 Things You Didnt Know About Cleveland Cavaliers Owner Dan Gilbert. [5], In April 2008, Ferguson became president and chief executive officer of the Teachers Insurance and Annuity Association College Retirement Equities Fund (TIAA). With over 10 years experience he's covered businesses, CEOs, and investments. Larry Page and Sergey Brin founded Google in September 1998. 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. The law allows the recipient of the original paper check to create a digital version of the original check, a process known as check truncation, into an electronic format called a "substitute check", thereby eliminating the need for further handling of the physical document. This is in part due to the global nature of business and the influence the Internet has played in both education and experience. The company provides Biktarvy, Genvoya, Descovy, Odefsey, Truvada, Complera/ Eviplera, Stribild, and Atripla products for the treatment of human immunodeficiency virus (HIV) infection; Veklury, an injection for intravenous use, for the treatment of coronavirus disease 2019; and Epclusa, Harvoni, Vosevi, Vemlidy, and Viread for the treatment of liver diseases. While he started with little, he made the most of what he had and has become a Fortune 100 CEO. 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. (THE MARKETS; Fed Reconsiders Policy Of Disclosing Tilt on Rates), While at the Fed, Ferguson served as Chairman of the Group of Ten Working Party on Financial Sector Consolidation. 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). Its a very interesting question, in very interesting times. Sign up in seconds, it's free! [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. 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. If there is any greater motivator to becoming financially stable, it is having experienced the Great Depression of 1929 and forward. Ferguson was a partner at McKinsey & Company. Roger Fergusons position as CEO of TIAA (Teachers Insurance and Annuity Association) was earned in a rather unique way. Prior to joining TIAA, Mr. Ferguson served as the Chairman of Swiss Re . 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. Joe Biden is President-elect of the United States. There are no older and 31 younger executives at Gilead Sciences. 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. 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's precedence for this, of course: Jake Siewert, a veteran of Goldman Sachs, was press secretary in the Clinton administration and was in the Treasury Department under President Obama. He began his career as a lawyer, later becoming a consultant, followed by serving in the public sector. The 69-year-old Ferguson, who has. Last updated: 1 March 2023 at 11:00am EST. Sign up in seconds, it's free! As of 14 June 2021 he still owns at least 6,938 units of Alphabet Inc stock. This site uses Akismet to reduce spam. The citation presented with the Medal reviewed Fergusons achievements and featured reflections from Douglas Elmendorf, Drew Faust and Larry Summers. 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 most active insiders traders include L John Doerr, Brin Sergey y Lawrence Page. We have estimated 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. In 2004 Ferguson was elected to an Honorary Fellowship there. Roger Ferguson Net Worth (2023) | wallmine 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. Ferguson Jr., has served as President and Chief Executive Officer of TIAA (formerly TIAA-CREF), a financial services firm, since 2008. Ferguson Jr., has served as President and Chief Executive Officer of TIAA (formerly TIAA-CREF), a financial services firm, since 2008. The oldest executive at International Flavors & Fragrances Inc. is KatherineHudson, 73, who is the Independent Director. and James Flaws, VICE CHAIRMAN The oldest executive at Alphabet Inc is AlanMulally, 74, who is the Independent Director. Roger Ferguson Net Worth (2023) | wallmine 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. [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. 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 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. There are 16 executives at Gilead Sciences getting paid more, with JeffreyHarmening having the highest compensation of $15,837,600. [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. 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? Roger holds a Bachelor of Arts degree in economics, a Doctoral degree in economics, and a Juris Doctor degree, all from Harvard University. There are 16 executives at Gilead Sciences getting paid more, with JeffreyHarmening having the highest compensation of $15,837,600. 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 Jr Net Worth & Insider Trades - benzinga.com 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. 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. He was the largest donor to Democratic candidates and causes in the 2020 election cycle. Prior to joining TIAA, Mr. Ferguson served as the Chairman of Swiss Re . Progressives likely wouldn't be happy with a high-powered Wall Street type in such a high ranking position in the new administration. His insights are worth listening to. Roger Ferguson Net Worth (2022) | wallmine CA In addition, he makes $428,298 as Independent Director at Alphabet Inc. Wallmine is a radically better financial terminal. Another Goldman Sachs executive, Margaret Anadu, who heads up the investment bank's urban-investment department is expected to get an economic policy position. Also learn how He earned most of networth at the age of 69 years old?