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TIAA named Thasunda Brown Duckett as its next president and CEO. She will join the firm on May 1 from her current employer,  JPMorgan Chase, where she has served as CEO of Chase Consumer Banking. At TIAA, Duckett will succeed  Roger Ferguson, who is departing the firm after 13 years as chief executive. JPMorgan co-president and COO Gordon Smith said in an internal memo that, in the meantime, leadership of the consumer bank will report in to him and that the firm will announce plans around succession shortly.  Maverick Capital executive  Andrew Warford is leaving the $9 billion hedge ...

TIAA names Thasunda Brown Duckett as CEO — first woman to helm financial giant February 26, 2021 / 3:54 PM / CBS/AP Black professionals face workplace bias Financial services giant TIAA has named Thasunda Brown Duckett to succeed Roger W. Ferguson Jr. as CEO. That will make her the first woman to helm the company and only the second ever Black female chief executive in the Fortune 500.  The historic announcement also marks the first time in Fortune 500 history that a Black CEO is succeeded at the top by another Black executive. Duckett will join TIAA on May 1 from JPMorgan Chase, w...