NEW YORK--(BUSINESS WIRE)--TIAA, a leading financial services provider, today announced the election of 10 individuals to serve on the Board of Trustees of the TIAA-CREF Funds and TIAA-CREF Life Funds and the Management Committee of the TIAA Separate Account VA-1. The election took place following the conclusion of a special meeting of shareholders and contract owners on July 17.
The purpose of the special meeting of shareholders and contract owners was to elect 10 individuals to the Board of Trustees of the TIAA-CREF Funds and TIAA-CREF Life Funds and the Management Committee of the TIAA-Separate Account VA-1:
- TIAA-CREF Funds: Shareholders of the TIAA-CREF Funds elected 10 individuals to serve on the Board of Trustees of the TIAA-CREF Funds.
- TIAA-CREF Life Funds: Owners of the variable annuity contracts or variable life insurance policies issued by TIAA-CREF Life Insurance Company voted to elect 10 individuals to serve on the Board of Trustees.
- TIAA Separate Account VA-1: Contract owners of Teachers Personal Annuity, an individual flexible-premium deferred variable annuity funded through the TIAA Separate Account VA-1 of TIAA voted to elect 10 individuals to the Management Committee of the Fund.
During the special meeting, shareholders and contract owners elected nine current members and one nominee to the Boards of Trustees and the Management Committee.
- Forrest Berkley
- Janice C. Eberly
- Nancy A. Eckl
- Michael A. Forrester
- Howell E. Jackson
- Thomas J. Kenny
- James M. Poterba
- Maceo K. Sloan
- Laura T. Starks
- Joseph A. Boateng
With an award-winningi track record for consistent investment performance, TIAA (TIAA.org) is the leading provider of financial services in the academic, research, medical, cultural and government fields. TIAA has $1 trillion in assets under management (as of 3/31/2019ii) and offers a wide range of financial solutions, including investing, banking, advice and education, and retirement services.
Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value.
TIAA-CREF Individual & Institutional Services, LLC, Member FINRA and SIPC, distributes securities products. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY. Each is solely responsible for its own financial condition and contractual obligations.
© 2019 Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, 730 Third Avenue, New York, NY 10017
i The Lipper Mixed-Assets Large Fund Award is given to the group with the lowest average decile ranking of three years’ Consistent Return for eligible funds over the three-year period ended 11/30/15 (against 39 fund families), 11/30/16 (36), 11/30/17 (35) and 11/30/18 (35). Note this award pertains to mixed-assets mutual funds within the TIAA-CREF group of mutual funds; other funds distributed by Nuveen Securities were not included. From Thomson Reuters Lipper Awards, © 2019 Thomson Reuters. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited. Certain funds have fee waivers in effect. Without such waivers ratings could be lower. Past performance does not guarantee future results. For current performance, rankings and prospectuses, please visit the Research and Performance section on TIAA.org. The investment advisory services, strategies and expertise of TIAA Investments, a division of Nuveen, are provided by Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC. TIAA-CREF Individual & Institutional Services, LLC, Teachers Personal Investors Services, Inc., and Nuveen Securities, LLC, Members FINRA and SIPC, distribute securities products.
ii Based on $1.026 trillion of assets under management across Nuveen Investments affiliates and TIAA investment management teams as of 3/31/19.