Showing 14 results for:

tiaa

All results

14
President And CEO Of TIAA Thasunda Brown Duckett Makes Forbes' List Of 'The World’s Most Powerful Women'

What classifies a woman as “powerful?” According to Forbes, money, media, impact, and spheres of influence make “The World’s Most Powerful Women” in 2023.

Dec 6, 2023

The Power Of AI - TIAA Partners With Google Cloud To Delight Its Clients

Artificial Intelligence (AI) is now pervasive across communities. From ChatGPT assisting with drafting work emails to some of the culture’s favorite songs being reimagined by different artists, AI is ever-present. With the advancement of technology, companies are starting to think through and implement what it means to have AI as a part of the operational model. TIAA, a leading financial services and investment firm, is a part of that organizational shift – implementing AI technology to delight their clients. One example of this implementation is a partnership with Google Cloud. TIAA is using AI in its everyday service offerings to improve its analytical approach in its National Contact Center (NCC). The NCC is central to the TIAA customer offering when it comes to responding to requests for financial guidance and retirement planning strategies from new, existing and future clients. With a focus on customer satisfaction and more streamlined operational methods, applying Natural...

Jun 7, 2023

Career Soundtrack: How A Cybersecurity Analyst Found Her Professional Path with TIAA

Zapp and Roger was among the most popular R&B and Soul groups of the 80s and early 90s. The group is most notably known for its chart-topping hit, “Computer Love.”   The song describes a love so strong and unique that it transcends the world we all know and permeates into a digital universe. With the pervasiveness of dating apps, this concept is now a part of many people’s realities. But at the time of the song’s release, it was an innovative thought for all the aunties and uncles out there hoping to connect with the love of their life.   Although Zapp and Roger’s autotuned classic still gets the people going, for TIAA Lead Information Security Analyst, Amber Black, this kind of digital love has been the soundtrack to her professional career.   AfroTech had a chance to speak with Black about her journey as a technologist and her work with TIAA.   Cybersecurity has many different connotations. One of the misconceptions is that the field involves handling misguided content from...

Apr 25, 2023

How This Employee Found the Perfect Fit at TIAA

Ever gone to try on clothes while shopping and had to go through several iterations before you got it right? And all of a sudden, you find the perfect fit that meets all of your needs. This trial and error process, which sometimes can be tedious, led you to be confident that you made the right decision. Although finding and landing a job is not as trivial as finding the perfect outfit for a night out, the principle of staying persistent and not settling for less than the best is the same. Day after day, people are scrolling through many job search sites to land what they believe is their dream job. Companies are just as consistent as they seek to recruit talented people that can help them grow. This marriage between talent and organizations is quite nuanced, but one that the people at TIAA believe they have a good grasp on. TIAA is an over 100-year-old financial services organization that started with the aim to ensure educators have dignity in the retirement process and has now...

Apr 21, 2023

TIAA Appoints Thasunda Brown Duckett, Becomes the Second Black Woman to Be Named As a Fortune 500 CEO in 2021

Thasunda Brown Duckett has made modern history, becoming the second Black woman to be named as a Fortune 500 CEO in 2021. According to CNN, Thasunda Brown Duckett achieved this accomplishment by being named the new CEO of The Teachers Insurance and Annuity Association of America-College Retirement Equities Fund. The TIAA, as it’s known, is a Fortune 100 financial services organization that is the leading provider of financial services in the academic, research, medical, cultural and governmental fields. Duckett will succeed Roger W. Ferguson Jr. in the role, beginning May 1, 2021. Brown Duckett’s role follows the appointment of Rosalind Brewer as the new CEO of Walgreen’s drug stores. “Thasunda Brown Duckett is widely recognized as an exceptionally dynamic and inspirational leader,” said Ronald L. Thompson, who chairs the board of the $1 trillion money management firm, to CNN. “She brings invaluable experience leading and growing large, complex businesses, setting and executing...

Financing Company TIAA Expands Commitment to Minority Suppliers to Strengthen the Economy

TIAA — a Fortune 100 financial services company and pension fund giant — has been a longtime supporter of diverse and unique suppliers, but now has plans to strengthen its commitment by spending more on goods and services from those minority firms. According to a statement from the company, TIAA launched its Supplier Diversity Program nearly 30 years ago to support the need to build relationships with diverse and diverse-conscious enterprises. TIAA recently published its Supplier Diversity Economic Impact Report , in which it includes initiatives to develop strong working relationships with suppliers owned by minorities of unique backgrounds, including women, veterans, disabled people, and lesbian, gay, bisexual and transgender (LGBT) individuals. “We are proud of the work we’ve done to support and celebrate diverse and minority-owned businesses, but we know we must do more,” said Glenn Richter, Chief Financial Officer at TIAA, in a statement . “As our nation continues to reel from...

Nov 17, 2020

Google Play's Samuel Bright Reveals How He Advocates For Diverse Voices To Be Heard In The Boardroom

In 2022, only an estimated 11.9% of Fortune 500 board seats were filled by Black board members, per Missing Pieces Report. The alarming statistic is part of why executives like Samuel Bright, vice president and general manager of Google Play plus the developer ecosystem at Google, actively push to advocate for diverse voices to be heard in the boardroom. During the fireside chat “ The Kaleidoscope Effect: Redefining Boardrooms” at the 2023 AFROTECH™ Conference, Bright detailed his board service journey including joining TIAA’s board. As previously reported by AFROTECH™, the financial retirement services company is helmed by Thasunda Brown Duckett, who is one of two Black women CEOs to lead a Fortune 500 company. “I’m very fortunate that TIAA has had DEI ingrained in its DNA,” Bright told Kelly Buchanan Spillers, chief marketing officer of Infor at the time, during the fireside chat. “It is when I was joining the board I was joining a diverse board. Also, there’s a very diverse...

Oct 24, 2024

Thasunda Brown Duckett Shares The Importance Of Empowering The Next Generation Of Black Women Executives

Overcoming barriers is one thing, but creating opportunities for others to do the same is another. After nearly two decades of working as an executive at JPMorgan Chase, Thasunda Brown Duckett became the president and CEO of TIAA, which works to close gaps in retirement and provide equitable opportunities for investment. At the Global Black Economic Forum (GBEF) Business Summit during the ESSENCE Festival Of Culture presented by Coca-Cola, Duckett spoke about how the impact she’s making extends past the financial retirement services company and how her serving as a Black woman CEO can provide inspiration for young Black women. When it comes to the imposter syndrome that those who look like her often face entering corporate spaces, Duckett shared guidance with AFROTECH™ for how future Black executives can navigate such challenges. “When you think about imposter syndrome, which we all have at certain points in our life, I think the most important thing is as you’re going through life,...

Jul 12, 2024

Thasunda Brown Duckett Says 'The Time Is Now' For Black Professionals To Accumulate AI Skills

Over the years, Thasunda Brown Duckett has gained global recognition for her monumental career strides, impact, and influence. As previously reported by AFROTECH™, the TIAA president and CEO’s historic feats include, in 2021, becoming the first woman to lead the financial retirement services company in more than 100 years as well as one of two Black women to helm a Fortune 500 company. What’s more, Duckett was named on Forbes’ list of “The World’s Most Powerful Women” in 2023 and TIME’s “100 Most Influential People of 2024” the following year. As Duckett continues to make efforts toward closing the racial retirement gap and women’s retirement gap and tirelessly advocates for DEI, she credits her foundation for fueling the leader she is today. On July 5, 2024, at the Global Black Economic Forum (GBEF) Business Summit during the ESSENCE Festival Of Culture presented by Coca-Cola, she thanks her parents, Otis and Rosie Brown, for teaching her the level of resilience required to be a...

Jul 10, 2024

This Platform Is On A Mission To Close The Black Wealth Gap Through Community, Access And Knowledge

Investment deals can be intimidating for many. Here to save the day, emerging platform Amass is looking to meet people where they are and provide them access to lucrative investment opportunities. Founded by former NFL Coach and Bestselling Author Daron K. Roberts alongside Abby Coleman and Harold Hughes, Amass generates Black capital by providing community, knowledge, and access to its members-only investment platform. The Black community will have an opportunity to change its economic position through alternative investment vehicles. This will be helpful, since according to a report, Black Americans fall short when it comes to financial literacy and comprehending risks and investment deals, correctly answering 38 percent of personal finance questions in comparison to white Americans who answered 55 percent accurately. “We all know this disparity is neither an accident nor a coincidence. And, I believe we can push back against this gap by acquiring assets that have the potential to...

Jan 17, 2022

Meet The Richest Black CEOs Of Fortune 500 Companies In America In 2021

While Black CEOs are becoming more commonplace as years go on, they’re still a relatively rare phenomenon in the grand scheme of things. According to Fortune, less than one percent of all companies throughout the country have a Black leader at the helm. In the entire history of the Fortune 500 list, there have only been 18 CEOs in total who have identified as Black — and the peak number on the Fortune 500 list was in 2012 when six Black men made the list. The numbers get even bleaker when the gender factor is weighed in. Until 2016, only one Black woman helmed a Fortune 500 company — and history was made when two Black women became CEOs of major national corporations. And these numbers are despite the fact that Black people make up about 13 percent of the American population. The good news is, things are starting to look up (albeit ever so slowly). In June 2021, it was announced that not one, but two , Black women became CEOs of Fortune 500 companies (Roz Brewer of Walgreens Boots...

For The First Time Ever, Two Black Women CEOs Have Made The Fortune 500 List

For the first time in history, two Black women CEOs are featured on the Fortune 500 list. This year, Fortune reports that women-run Fortune 500 companies have hit an all-time record of 41 CEOs, with women like Roz Brewer of No. 16 Walgreens Boots Alliance and Thasunda Brown Duckett of No. 79 TIAA making strides for Black businesswomen. Brewer, who’s a former Starbucks executive, was named the new CEO of Walgreens Boots Alliance back in March, briefly making her the only Black woman to run a Fortune 500 company this year until she was joined by Duckett, former JPMorgan Chase exec and now the new CEO of TIAA. According to Fortune, only one other Black woman, Ursula Burns of Xerox, has run a Fortune 500 business on a permanent basis with the exception of Mary Winston, who served as Bed Bath & Beyond’s interim chief for several months back in 2019. Ever since then, Black women CEOs have been missing from the Fortune 500 list but it looks as though that’s beginning to change. Now, these...

Jun 7, 2021

31 Influential Black Women Who Accomplished Famous Firsts to Make History

Women’s History Month is all about uplifting generations of hard-working women who are becoming pioneers in their own right every single day. This year, AfroTech is amplifying the famous firsts of Black women today who have defied the odds to open doors and break glass ceilings for us all. Here are all the Black women who have and continue to inspire the next generation of young Black women to be the leaders of tomorrow: Kamala Harris Photo Credit: Chris Carlson/ AP Kamala D. Harris made history as the first Black, first Asian-American, and first woman to ever be elected Vice President of the United States of America. She accomplished this historic feat after serving as the District Attorney of San Francisco, California Attorney General, and a U.S. Senator. Stacey Abrams Photo Credit: Mike Coppola/Getty Images Stacey Abrams — a political strategist and former minority leader of the Georgia state House — is the reason the state of Georgia turned blue for the first time in 30 years to...

Mar 1, 2021

This Tech Entreprenuer Created An App To Help You Edit Your Social Media Blunders

Thanks to the magic of a free and open Internet and social networking, this generation has the ability to document every day of their entire lives. On the flip side, once posted there’s no way to erase the occasional stupid comment, regretful photo or random rookie mistake…or, is there? Photo: Giphy As co-founder of On Second Thought , Maci Peterson has patented a system that allows users to recall and edit their messages in real time. The inspiration came to the 30-year-old entrepreneur three years ago, when she accidentally texted an ex-boyfriend something she later wished she could take back. I mean, who hasn’t been there? In 2014, that inspiration lead Peterson to launch an app used to recall text messages. Now she and her partner are taking it a step further and expanding the technology for use on social networking platforms. In fact, the patented recall system will be made available on all forms of telecommunications. Brilliance! No one deserves a permanent, easily sharable...

Jan 1, 2018