TIAA Taps Thasunda Brown Duckett as CEO
She will become the first woman to helm the $1.3 trillion financial services giant.
Corporate Moves
CPPIB Chief Mark Machin Exits Amid Vaccine Uproar
The CEO of Canada’s largest pension fund traveled to the Middle East to get a shot. The plan’s credit head, John Graham, replaces him.
Northwestern Names Amy Falls New VP and CIO
She will be the first woman to oversee the $12.2 billion endowment.
Rens Götz Leaves ABB, Follows Ex-Boss Elisabeth Bourqui to Her New Asset Management Firm
The one-time ABB pension asset allocator, after her short and bumpy interlude at CalPERS, co-founded BERG and now has hired him.
Breaking News from Davos: China’s Xi Calls for Multilateralism in Keynote Speech
Chinese leader says there is a need to balance COVID-19 responses with economic development.
Texas Tech DCIO Dan Parker to Leave Endowment
The investor will take a senior position at a firm he says ‘will be familiar’ to investors.
General Electric Proposes Freezing UK Pension Plans
Move would affect 2,800 employees in two defined benefit plans starting in 2022.
WK Kellogg CIO Joel Wittenberg to Go into Consulting
The philanthropy has launched a search for a replacement.
Dalio Forges ESG Partnership with French Firm
His Bridgewater hedge firm and Lyxor will offer climate-friendly investing vehicle in Europe in 2021.
CIEBA Selects New Chair and Increases Membership Despite COVID-19
Paul Cavazos, CIO of American Beacon Advisors, takes the helm.
Exclusive: Deloitte CIO Mary Ellen Stocks Retires after 16 Years in the Post
Alex Lee, who has been her No. 2, takes over the top finance slot.
Mercy’s DCIO Elizabeth Jourdan Heads to Granger
She will move to the New York family office after spending five years at the Catholic health system.
Corporate Insider Buying Plummets: Bad Portent?
Executives last month purchased lowest amount in four years.
Loomis Sayles CIO to Retire in March
Jae Park, who will retire after 19 years at the firm, will be succeeded by David Waldman.
Former FEG Chief Executive Scott Harsh Takes Consulting Job at NEPC
He’s coming out of retirement to help the firm expand its presence in the Southeast and Midwest.