Roger W. Ferguson, Jr. Elected to American Academy of Arts and Sciences

NEW YORK, April 22, 2010 

TIAA-CREF chief executive Roger W. Ferguson, Jr. has been named a fellow of the American Academy of Arts and Sciences, one of the nation’s oldest and most prestigious honorary societies.

“The men and women we elect today are true pathbreakers who have made unique contributions to their fields, and to the world,” said Academy Chair Louis W. Cabot. “The Academy honors them and their work, and they, in turn, honor us.”

As expressed its 1780 Charter, the Academy seeks “to cultivate every art and science which may tend to advance the interest, honor, dignity, and happiness of a free, independent, and virtuous people.” Current members – leaders in the sciences, social sciences, the humanities, the arts, business and public affairs – include more than 250 Nobel laureates and more than 60 Pulitzer Prize winners.

“The Academy’s mission and programs are closely aligned with the values of the higher education and nonprofit world, and are vital to the advancement of society,” said Mr. Ferguson. “It is a great honor to be named a fellow and I look forward to supporting the Academy in its efforts,” said Ferguson. This past fall, Mr. Ferguson presented a keynote address to the Academy in which he called for a new social contract to promote retirement security for all Americans.

Since its founding by John Adams, John Hancock, James Bowdoin and other scholar-patriots, the American Academy of Arts and Sciences has elected leading “thinkers and doers” from each generation, including George Washington and Benjamin Franklin in the eighteenth century, Daniel Webster and Ralph Waldo Emerson in the nineteenth, and Albert Einstein and Winston Churchill in the twentieth.

Ferguson will be inducted with the members of the 2010 class at a ceremony on October 9, at the Academy’s headquarters in Cambridge, Massachusetts. 

About TIAA-CREF

TIAA-CREF (www.tiaa-cref.org) is a national financial services organization with $414 billion in combined assets under management (12/31/09) and the leading provider of retirement services in the academic, research, medical and cultural fields.

TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal Investors Services, Inc., members FINRA, distribute securities products.

Media Contact:
Abby Aylman Cohen, Manager, Corporate Media Relations
aacohen@tiaa-cref.org, 212 916-4381 Cell: 917 596-4758

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