TIAA names Thasunda Brown Duckett as CEO

TIAA has named Thasunda Brown Duckett as its its new chief executive officer. Duckett comes to the financial services firm from JPMorgan Chase, where she was CEO of Chase Consumer Banking. She will succeed Roger Ferguson, Jr. on May 1. He is retiring after almost 13 years with the company. Duckett has been recognized as a leader in finance. In 2019, she was named one of Fortune’s Most Powerful “Women to Watch.” American Banker magazine named her the 7th Most Powerful Woman in Banking, and she was also named to Black Enterprise magazine’s Most Powerful Women in Corporate America list.