Committees of the TIAA Board

The TIAA Audit, Investment, Nominating and Governance, Human Resources, Corporate Governance and Social Responsibility, Finance and Risk Management and Customers and Products Committees consist of members of the Board who are independent trustees. Memberships listed below are effective July 14, 2011.

TIAA Executive Committee

This committee acts on behalf of the board between meetings of the full board.

The current members of this committee are Ronald L. Thompson (chair)*, Robert C. Clark, Roger W. Ferguson, Jr., Edward M. Hundert, Maureen O'Hara, Donald K. Peterson, Sidney A. Ribeau, David L. Shedlarz, Marta Tienda and Rosalie J. Wolf.

TIAA Nominating and Governance Committee

This committee is responsible for TIAA governance policies and practices. Among other things, they nominate trustees for election, recommend the size, structure and composition of the boards and their committees, and recommend governance guidelines for the companies.

The current members of this committee are Robert C. Clark (chair), Maureen O'Hara, Sidney A. Ribeau, David L. Shedlarz and Ronald L. Thompson
View the Committee Charter

TIAA Human Resources Committee

This committee is responsible for TIAA’s compensation and personnel policies and practices, including recommending the appointment and compensation of the chief executive officer and other principal officers.

The current members of this committee are Sidney A. Ribeau (chair), Robert C. Clark, Edward M. Hundert, Dorothy K. Robinson, Ronald L. Thompson and Marta Tienda.
View the Committee Charter

TIAA Committee on Corporate Governance and Social Responsibility

This committee develops and recommends policy positions on selected corporate governance and social responsibility issues for consideration by the full TIAA Board of Trustees.

The current members of this committee are Marta Tienda (chair), Robert C. Clark, Lisa W. Hess, Edward M. Hundert, and Sidney A. Ribeau.
View the Committee Charter

TIAA Investment Committee

This committee sets policy for, and approves, all of the investments that TIAA makes, including those in commercial mortgage loans, real estate investments, investments in publicly traded bonds, and individually negotiated business loans (also known as private placements or direct loans).

The current members of this committee are David L. Shedlarz**(chair), Jeffrey R. Brown,*** Lisa W. Hess****, Maureen O'Hara**, Donald K. Peterson** and Rosalie J. Wolf**.
View the Committee Charter

View the TIAA Real Estate Account Special Subcommittee Charter

TIAA Retirement and Individual Business Committee

The Committee was established to monitor product and service strategies and recommend significant new products and services to the Board. The Committee also monitors the company’s competitive position and customer service quality issues, individual and institutional marketing as well as technology issues that have customer impact.

The current members of this committee are Edward M. Hundert (chair), Jeffrey R. Brown, Lawrence H. Linden, Dorothy K. Robinson, Marta Tienda and Rosalie Wolf.
View the Committee Charter

TIAA Audit Committee

This committee assists the board in overseeing the internal audit function, independent auditors, financial and operating reporting practices, internal controls, and compliance with laws, regulations and ethics policy.

The current members of this committee are Rosalie J. Wolf *** (chair), Jeffrey R. Brown, Lawrence H. Linden and Donald K. Peterson.
View the Committee Charter

TIAA Finance and Risk Management Committee

This committee assists the Board in overseeing management of assets, liabilities and risks.

The current members of this committee are Donald K. Peterson (chair), Jeffrey R. Brown, Roger W. Ferguson, Jr., Lawrence H. Linden, Dorothy K. Robinson and  David L. Shedlarz.
View the Committee Charter

TIAA Diversified Business Committee

The Diversified Business Committee assists the Board in fulfilling its oversight responsibilities relating to the Company’s diversified businesses, including Kaspick & Company, LLC, Covariance Capital Management, Inc., TIAA-CREF Trust Company, FSB and TIAA- CREF Life Insurance Company.

The current members of this committee are Maureen O'Hara (chair), Lisa W. Hess, David L. Shedlarz and Ronald L. Thompson.
View the Committee Charter

* Chairman of the TIAA Board
** Members of the TIAA Real Estate Account Special Subcommittee
***For purpose of membership on TIAA Real Estate Account Special Subcommittee only
**** TIAA Real Estate Account Special Subcommittee Alternates

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