TIAA-CREF President and CEO Roger W. Ferguson Jr. to Address Graduates of Georgetown University's McDonough School of Business I

April 24, 2009

Commencement to take place Saturday, April 25, 3 p.m.

FOR IMMEDIATE RELEASE
April 24, 2009

Washington, D.C. - Roger W. Ferguson Jr., president and CEO of TIAA-CREF, will address the International Executive MBA graduates of Georgetown University's McDonough School of Business on Saturday, April 25. The commencement will be held in Gaston Hall on the university's campus at 3 p.m.

Before joining TIAA-CREF in 2008, Ferguson was head of financial services, a member of the executive committee, and chairman of Swiss Re America Holding Corporation. He also has served as vice chairman of the Board of Governors of the U.S. Federal Reserve System, where he was a voting member of the Federal Open Market Committee, served as chairman of the Financial Stability Forum, and led several Federal Reserve Board committees. In 2001, Ferguson spearheaded the Federal Reserve's response to the terrorist attack on Sept. 11. Prior to that, Ferguson was an associate and partner at McKinsey & Company from 1984 to 1997 and an attorney at the New York City office of Davis Polk & Wardwell from 1981 to 1984.

Ferguson holds a B.A., J.D., and Ph.D. in economics, all from Harvard University. He is a member of the Board of Overseers of Harvard University and the Boards of Trustees for the Institute for Advanced Study, Carnegie Endowment for International Peace, and the New America Foundation. He is on the Board of Directors of the Partnership for New York City, and a member of the Council on Foreign Relations, the Economic Club of New York, and the Group of Thirty. Ferguson also is a member of President Obama's Economic Recovery Advisory Board.

The class of 2009 comprises 51 students. The group's percentage of female students - 41 percent - exceeds the national average of 26 percent, as reported by the Executive MBA Council. At least 11 of the graduates have worked in the military or national security arenas. Some of the students also have been employed at the following organizations while attending classes at Georgetown's McDonough School of Business: AOL, AREVA Inc., Booz Allen Hamilton, Danaher Tool Group, District of Columbia Government, Ernst and Young LLP, General Dynamics, Lockheed Martin Corporation, McCormick and Co. Inc., Mitsui and Co. Ltd., NASA, National Endowment for the Arts, Northrop Grumman, Raytheon, U.S. Air Force, U.S. Navy, and WorldSpace Satellite Inc.

The Georgetown University McDonough School of Business International Executive MBA Program provides experienced professionals with the tools needed to excel in today's global business environment. The sequence of courses and problem-solving projects includes two international one-week consulting projects. Participants, who have a minimum of eight years of significant work experience, attend courses on alternate weekends over an 18-month period.

About Georgetown University's McDonough School of Business
Georgetown University's McDonough School of Business is a premier business school in the nation's capital. Founded in 1957 to educate undergraduate business students through the integration of liberal arts and professional education, the school annually welcomes some 1,400 undergraduates, 1,000 MBA students, and 500 participants in its executive education programs. For more information about Georgetown's McDonough School of Business, visit http://msb.georgetown.edu.