The trustees on the operating boards 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. Memberships listed below are effective July 5, 2014.

TIAA-CREF Funds Executive Committees

Act on behalf of the boards between meetings of the full Board

Current members: Howell E. Jackson (chair), Nancy A. Eckl, Bridget A. Macaskill, and Maceo K. Sloan.

TIAA-CREF Funds Executive Committees Charter

TIAA-CREF Funds Investment Committees

  • Perform oversight functions for the Boards regarding the investment process and investment policies of the Funds
  • Review and set guidelines for the investment strategy of each Fund
  • Review the Funds’ investment performance, portfolio management dividend policy, cash flow and securities lending activities

Current members: Thomas J. Kenny (chair), Forrest Berkley, Nancy A. Eckl, Michael A. Forrester, Howell E. Jackson, Bridget A. Macaskill, James M. Poterba, Maceo K. Sloan, and Laura T. Starks.

TIAA-CREF Funds Investment Committees Charter

TIAA-CREF Funds Corporate Governance and Social Responsibility Committees

  • Recommend corporate social responsibility and corporate governance policies relating to companies other than Funds
  • Establish policies and guidelines for the voting of proxies held by the Funds, the submission of shareholder resolutions, and communications with portfolio companies

Current members: James M. Poterba (chair), Michael A. Forrester, Maceo K. Sloan, and Laura T. Starks.

TIAA-CREF Funds Corporate Governance and Social Responsibility Committees Charter

TIAA-CREF Funds Audit and Compliance Committees

  • Assist the Boards in oversight for financial and operational reporting, internal control and compliance with laws, regulations and ethics policy
  • Approve and oversee independent auditors and evaluate their independence and effectiveness
  • Review financial reporting practices to assure the Funds are in compliance with applicable laws and regulations

Current members: Nancy A. Eckl (chair), Michael A. Forrester, Howell E. Jackson, James M. Poterba, and Maceo K. Sloan.

TIAA-CREF Funds Audit and Compliance Committees Charter

TIAA-CREF Funds Operations Committees

  • Oversee operational matters of the Funds, including
    • Contracts with third-party service providers and investment advisors
    • Certain legal, compliance and finance matters
    • Marketing and distribution of the Funds
  • Responsible for reviewing portfolio transactions and trading, Funds' pricing, registration statements and disclosures, finance matters and inter-company arrangements

Current members: Bridget A. Macaskill (chair), Forrest Berkley, Thomas J. Kenny, and Laura T. Starks.

TIAA-CREF Funds Operations Committees Charter

TIAA-CREF Funds Nominating and Governance Committees

  • Promote the best interests of the Funds and their shareholders by implementing sound governance policies and practices
  • Make recommendations concerning the nomination of trustees, committee structure, composition and effectiveness
  • Conduct regular evaluations of board performance
  • Periodically review the Funds’ governance policies and practices to ensure that they are consistent with sound governance

Current members: Laura T. Starks (chair), Michael A. Forrester, Howell E. Jackson, and Maceo K. Sloan.

TIAA-CREF Funds Nominating and Governance Committees Charter

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