TIAA-CREF Names Chief Strategy Officer

Keith Stock has joined TIAA-CREF as senior managing director and chief strategy office. He will report to asset management boss Scott Evans, and previously was president of MasterCard Advisors LLC.

PRESS RELEASE
TIAA-CREF today announced the appointment of Keith Stock as Senior Managing Director and Chief Strategy Officer.

In this new role, Mr. Stock will have overall responsibility for corporate development and strategy, including mergers and acquisitions, and lead the organization’s corporate strategy unit. He will report to Scott Evans, Head of Asset Management, and will be based at TIAA-CREF’s headquarters in New York.

“Keith Stock is an excellent addition to our organization as we map our future course and work to serve our clients’ financial service needs in the years to come,” said Roger W. Ferguson, President and Chief Executive Officer of TIAA-CREF. “In Keith, we have a talented, experienced and dedicated executive to spearhead our strategic thinking and I’m pleased he has joined our team.”

Most recently Stock served as President of MasterCard Advisors, LLC, the professional services business of MasterCard Worldwide and was a member of the Mastercard Operating Committee and Management Council. Previously he was Chairman and Chief Executive Officer of St. Louis Bank, FSB and First Financial Investors, Inc., a private equity firm and thrift holding company, as well as Chairman of Treasury Bank, Ltd.. Earlier in his career, Stock held banking and finance roles with Capgemini, Ernst & Young, AT Kearney and McKinsey.

“Keith possesses strong leadership skills, a deep background in strategic planning and adds to our company’s executive strength,” said Scott Evans. “He will help our executive leadership team evaluate new ways we can serve our clients’ financial service needs and help align strategic resources across our organization.”

Mr. Stock is a director of the Foreign Policy Association, a trustee of AFS Intercultural Programs, Inc., a director of Towah Group Ltd, a member of the Economic Club of New York and an Advisory Board member of the Institute for Ethical Leadership, Rutgers Business School. He received his undergraduate degree from Princeton University and his M.B.A. from the Wharton School, University of Pennsylvania.

About TIAA-CREF

TIAA-CREF (www.tiaa-cref.org) is a national financial services organization with more than $350 billion in combined assets under management (3/31/09) and is 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.