Roger Ferguson Jr. to Retire as TIAA CEO: Personnel Moves

A conference room table. (Credit: hxdbzxy/Shutterstok) (Credit: hxdbzxy/Shutterstok)

Roger Ferguson Jr., the president and chief executive officer of Teachers Insurance and Annuity Association of America-College Retirement Equities Fund (TIAA) , intends to retire from those posts March 31, TIAA announced earlier this week.

Ferguson has been TIAA’s president and CEO since 2008. Before that, he was head of financial services at Swiss Re and chairman of the company’s Swiss Re America Holding Corp. unit.

(Related: AIG Expands Roles of 2 Top Executives: Personnel Moves)

Ferguson has a bachelor’s degree from Harvard, a law degree from Harvard, and a doctorate in economics from Harvard. He got his start as a lawyer at Davis Polk & Wardwell LLP, and then as a consultant at McKinsey & Co.

He spent two years as a member of the Federal Reserve System board, and then seven years as the board’s chairman, before moving to Swiss Re.

Bloomberg and the Wall Street Journal have suggested that President-elect Joe Biden may nominate Ferguson to be the next U.S. Treasury secretary.

In other personnel moves news:

Thrivent, Minneapolis, has hired Stephen Kennedy to be senior vice president and chief operations officer.

Kennedy previously was head of operations at Allianz Life Insurance Company of North America. He has a bachelor’s degree from Monmouth College and a master’s degree in business from the University of Illinois.

He started out as an intern in the Illinois Department of Nuclear Safety before he became a manager trainee at American International Group in 1993 and left AIG as senior vice president for operations in 2016.

He holds the Chartered Financial Consultant and Chartered Life Underwriter professional designations.

The Scan Foundation, Long Beach, California, has named Dr. Sarita Mohanty to be its president and chief executive officer,

The foundation is a charitable organization that was created in 2008 with a $205 million one-time contribution from SCAN Health Plan, a nonprofit health coverage provider. It provides grant funding for other organizations that are trying to improve health care, long-term care and other services for older adults.

Mohanty succeeds Dr. Bruce Chernof, who is retiring.

Mohanty previously was vice president of care coordination for Medicaid and vulnerable populations at Kaiser Permanente.

Mohanty has a bachelor’s degree from the University of California-Berkeley, a medical degree from Boston University, a master’s degree in public health from Harvard, and a master’s degree in business from the University of California-Los Angeles.

She started out in medicine as a resident in internal medicine and primary care at Beth Israel Deaconess Medical Center in the Boston area.

She got her start in insurance in 2011, as a medical director at LA. Care Health Plan.

She has worked for Kaiser Permanente for six years. She has also continued to work as a per diem internal medicine physician on a contract basis.

Unum Group, Chattanooga, Tennessee, has named Mark Till be the executive vice president in charge of the Unum International business.

Till is on track to succeed Peter O’Donnell, who is leaving that post to go into a portfolio career, according to Unum.

Till has been a managing director at Aegon since 2015. He has been based in Edinburgh, in Scotland.

Earlier, he was an independent consultant at Zurich Insurance Co. Ltd. in Swindon, in England. He has also been the United Kingdom marketing director for Fidelity International.

Anthem, Indianapolis, has hired Blair Todt to be executive vice president and chief legal officer. He will succeed Thomas Zielinski, who is retiring Dec. 31.

Todt previously was chief legal officer at Health Care Service Corp., the parent of Blue Cross and Blue Shield of Illinois and of Blues plans in other states.

He has a bachelor’s degree from George Washington University and a law degree from Brooklyn Law School.

He got his start in law as an associate and partner at Carter, Conboy, Case, Blackmore, Napierski & Maloney in New York.

Before he went to Health Care Service Corp., he spent six years as the general counsel at WellCare Health Plans.

Cornell Capital, New York has named Emily Pollack to be a partner. She has been a managing director with the investment firm.

She has a bachelor’s degree from the University of Pennsylvania and a law degree from Harvard.

She got her start as a lawyer at Davis Polk, then became an assistant vice president at AIG.

She led Cornell Capital’s investments in Talcott Resolution and is a board member at Talcott Resolution.

— Read Dawn Boitnott to Head Legal & General America Underwriting: Personnel Moves, on ThinkAdvisor.

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