The trustees on the operating board work largely through committees, which meet frequently and shape policy for CREF, TIAA-CREF Funds, TIAA Separate Account VA-1 and the TIAA-CREF Life Funds. They oversee operations and propose actions to each full board.
All TIAA-CREF Funds committees consist of independent trustees.
The committees act on behalf of the boards between meetings of the full board.
The current members of these committees are Nancy L. Jacob (chair)*, Eugene Flood, Jr., Howell E. Jackson, James M. Poterba and Maceo K. Sloan.
The committees perform certain oversight functions for the Boards regarding the investment process with respect to the Funds and to determine investment policies of the Funds. Some of the Committee's responsibilities are to review and set guidelines for the investment strategy of each Fund, to review the Funds' investment performance, portfolio management dividend policy, cash flow and securities lending activities.
The current members of these committees are Eugene Flood, Jr. (chair), Forrest Berkley, Nancy L. Jacob, Bridget A. Macaskill, James M. Poterba, and Maceo K. Sloan.
View the Committees Charter
The committees recommend to the full Board policy addressing corporate social responsibility and corporate governance issues relating to companies other than Funds. The committees have the responsibility of establishing policies and guidelines for the voting of proxies held by the Funds as well as other relevant activities of management including the submission of shareholder resolutions and communications with portfolio companies.
The current members of these committees are James M. Poterba (chair), Michael A. Forrester, Howell E. Jackson and Laura T. Starks.
View the Committees Charter
The committees assist the Boards in fulfilling their oversight role for financial and operational reporting, internal control and compliance with laws, regulations and ethics policy. The committees approve the appointment and oversee the work of the independent auditors, evaluate their independence and effectiveness on an annual basis, and review financial reporting practices to assure that the Funds are in compliance with applicable laws and regulations.
The current members of these committees are Maceo K. Sloan** (chair), Forrest Berkley, Nancy A. Eckl, and James M. Poterba.
View the Committees Charter
The committees perform certain oversight functions with respect to operational matters of the Funds, including overseeing contracts with third-party service providers and investment advisors, certain legal, compliance and finance matters as well as marketing and distribution of the Funds. The Committees are also responsible for the review of portfolio transactions and trading, Funds' pricing, registration statements and disclosures, finance matters and inter-company arrangements.
The current members of these committees are Howell E. Jackson (chair), Eugene Flood, Jr., Michael A. Forrester, Nancy L. Jacob, Bridget A. Macaskill, and Laura T. Starks.
View the Committees Charter
The committees promote the best interest of the Funds and their shareholders through the implementation of sound governance policies and practices. The Committees make recommendations concerning the nomination of trustees, committee structure, composition and effectiveness, conduct regular evaluations of board performance, and periodically review the Funds' governance policies and practices to ensure that they are consistent with sound governance.
The current members of these committees are Nancy L. Jacob (chair), Nancy A. Eckl, Maceo K. Sloan and Laura T. Starks.
View the Committees Charter
© 2009 and prior years, Teachers Insurance and Annuity Association - College Retirement Equities Fund (TIAA-CREF), New York, NY 10017
