Kourtney Gibson

Last updated
Kourtney Gibson
Born
Kourtney Kristine Ratliff

(1981-07-05) July 5, 1981 (age 42)
Alma mater Kellogg School of Management at Northwestern University
University of Miami
Occupation(s)Chief ClientOfficer and Senior Executive Vice President of TIAA
Years active1997–present
Board member of MarketAxess
Viterbo University
SpouseAubrey Gibson
Children4

Kourtney Gibson (July 5, 1981) is an American business executive. She is Chief Client Officer and Senior Executive Vice President of TIAA. She was formerly the president and vice executive chairman of Loop Capital, a privately held investment banking firm. Gibson is also on the boards of MarketAxess and Viterbo University, [1] and was previously on the boards of University of Miami and Lululemon Athletica. [2]

Contents

Early life and education

Gibson was born at St. Luke's Memorial Hospital in Racine, Wisconsin on July 5, 1981.[ citation needed ] She attended J.I. Case High School in Racine, where she was an honors student and captain of the cheerleading squad. She turned down a full ride at University of Wisconsin and other universities to attend University of Miami. [3]

She received an MBA from the Kellogg School of Management at Northwestern University and a BBA from the University of Miami. [4] Gibson originally intended to study to become a bilingual pediatrician, but decided to pursue business while studying at the University of Miami. [5]

Career

Gibson began interning at Loop Capital in 1997, the year the company was founded. [6] Gibson subsequently held various executive roles at the company, including heading its global equity division. [7] In 2015, Crain's Chicago Business included Gibson on its 40 Under 40 list. [8]

In 2016, she was elected president of Loop Capital, succeeding company co-founder Albert R. Grace, Jr. [9] [10]

In November 2020, Lululemon added Gibson to the company's board of directors. [11] That same year, Gibson joined the board of directors for financial services company MarketAxess. [12] [13]

In 2021, she partnered with Google and Goldman Sachs to promote racial equity. The partnership between Loop Capital and Google was part of Goldman Sach's "One Million Black Women" initiative, which aims to reduce the racial wealth gap. [14]

She is frequently featured as an expert on finance and cryptocurrency in publications such as Crain's Chicago Business and Markets Insider . [15] [16] She spoke at the 2021 Women in Leadership Symposium at University of Wisconsin–Madison. [17] She is also a featured expert on retirement in publications like The Washington Post , Plan Sponsor, and P&I. [18] [19]

Gibson joined TIAA in June 2022, [20] and is currently the company's Chief Client Officer and Senior Executive Vice President. In this role, she leads TIAA's core retirement business, which represents $740 billion of the firm’s $1.2 trillion in assets under management. She oversees strategies and services for plan sponsors in the government, academic, medical and cultural industries. [1] In 2024, she was one of Barron's "100 Most Influential Women in Finance", [20] and a recipient of the Diversity, Equity and Inclusive Capitalism Power100 Award. [21]

Other work

Gibson is also a member of The Economic Club of Chicago and serves on the Finances Committee of Viterbo University. She previously sat on the board of trustees at the University of Miami, where she was on the executive committee and investment committee, and was a member of the Treasury Market Practices Group sponsored by the Federal Reserve Bank of New York. [7] [21] [22]

Philanthropy

In 2017, Gibson made an endowment to Viterbo University for the foundation of the Nola Starling Recital Hall, named after Gibson's mother, an alumna of Viterbo University. [23]

In 2013, she established the Kourtney K. Ratliff Endowed Scholarship Fund at the University of Miami. The fund sponsors the Kourtney K. Ratliff Scholarship for Academic Excellence, which is awarded to African-American students from the Midwest who major in business. [24]

Gibson is a board member, and former chairman, of the Chicago Scholars Foundation and a board member of the Dibia Dream Foundation. [25]

Personal life

Gibson is married and has four children. [26] In an interview with UCAN Chicago, she said that her primary motivation is "faith and family", saying "I feel like I need to be successful in order to make sure that I can make my family successful and generations to come." [27]

Gibson currently resides with her family in Charlotte, North Carolina and Chicago, Illinois. [25] She is an avid runner. [7]

Related Research Articles

<span class="mw-page-title-main">TIAA</span> Financial services organization

The Teachers Insurance and Annuity Association of America-College Retirement Equities Fund is an American financial services organization that is a private provider of financial retirement services in the academic, research, medical, cultural and governmental fields. TIAA is listed on the Fortune 100 and serves over 5 million active and retired employees participating at more than 15,000 institutions and has $1 trillion in combined assets under management with holdings in more than 50 countries.

<span class="mw-page-title-main">MSCI</span> American financial service provider

MSCI Inc. is an American finance company headquartered in New York City. MSCI is a global provider of equity, fixed income, real estate indices, multi-asset portfolio analysis tools, ESG and climate products. It operates the MSCI World, MSCI All Country World Index (ACWI) and MSCI Emerging Markets Indices among others.

<span class="mw-page-title-main">Citadel LLC</span> American hedge fund and financial services provider

Citadel LLC is an American multinational hedge fund and financial services company. Founded in 1990 by Ken Griffin, it has more than $58 billion in assets under management as of January 2024. The company has over 2,800 employees, with corporate headquarters in Miami, Florida, and offices throughout North America, Asia, and Europe. Founder, CEO and Co-CIO Griffin owns approximately 85% of the firm. As of December 2022, Citadel is one of the most profitable hedge funds in the world, posting $74 billion in net gains since its inception in 1990, making it the most successful hedge fund in history, according to CNBC.

<span class="mw-page-title-main">Northern Trust</span> American financial services company

Northern Trust Corporation is an American financial services company headquartered in Chicago, Illinois that caters to corporations, institutional investors, and ultra high net worth individuals. Northern Trust is one of the largest banking institutions in the United States and one of the oldest banks in continuous operation. As of June 30, 2022, it had $1.7 trillion in assets under management and $17 trillion in assets under custody. Northern Trust Corporation is incorporated in Delaware.

<span class="mw-page-title-main">Anne Dias-Griffin</span> French-American investor

Anne Dias-Griffin is a French-American investor. She is the founder and chief executive officer of Aragon, an investment firm active in global equities, with a focus on the internet, technology, and consumer sectors, as well as alternative assets.

<span class="mw-page-title-main">Block 37</span> Development in Chicago

108 North State Street, also known as Block 37, is a development located in the Loop community area of downtown Chicago, Illinois. It is located on the square block bounded clockwise from the North by West Randolph Street, North State Street, West Washington Street and North Dearborn Street that is known as "Block 37", which was its designated number as one of the original 58 blocks of the city. Above-ground redevelopment is complete, but work stopped on an underground station, when the station was only partially complete.

<span class="mw-page-title-main">Options Clearing Corporation</span> Financial services business

Options Clearing Corporation (OCC) is a United States clearing house based in Chicago. It specializes in equity derivatives clearing, providing central counterparty (CCP) clearing and settlement services to 16 exchanges. It was started by Wayne Luthringshausen and carried on by Michael Cahill. Its instruments include options, financial and commodity futures, security futures, and securities lending transactions.

<span class="mw-page-title-main">Nuveen</span> American asset manager

Nuveen is an American asset manager and wholly owned subsidiary of financial planning firm TIAA, itself known for its legacy focus on managing money for not-for-profit institutions such as universities and their employees. As a consequence of integration efforts over the last several years, Nuveen now manage the entirety of TIAA's own capital as well as all capital sourced from third parties. It is one of a limited number of non-sovereign money managers globally that have exceeded one trillion dollars in assets under management in recent years, and one of only a few that are not part of a larger organization offering retail or institutional banking at scale.

<span class="mw-page-title-main">Madison Dearborn Partners</span> American private equity firm specializing in leveraged buyouts

Madison Dearborn Partners (MDP) is an American private equity firm specializing in leveraged buyouts of privately held or publicly traded companies, or divisions of larger companies; recapitalizations of family-owned or closely held companies; balance sheet restructurings; acquisition financings; and growth capital investments in mature companies. MDP operates using an industry-focused investment approach and focuses on the following sectors: basic industries, business and government software and services, financial & transaction services, health care, and TMT services. Since the founders established MDP as an independent firm in 1992, the firm has raised seven funds with aggregate capital of approximately $23 billion, and has completed investments in more than 130 companies.

Andrew Hauptman is an American business executive, philanthropist, and civic leader. Hauptman co-founded the investment firm Andell Holdings which he has helmed since its inception in 1998 and has grown into one of the leading family office entities in the nation.

<span class="mw-page-title-main">Advent International</span> Global private equity firm

Advent International Corporation is an American global private equity firm focused on buyouts of companies in Western and Central Europe, North America, Latin America and Asia. The firm focuses on international buyouts, growth and strategic restructuring in five core sectors.

John A. Canning Jr. is a private equity investor and sports executive. He is the founder and chairman of Madison Dearborn Partners, the large Chicago-based private equity firm.

Patricia Mary Cloherty was an American businesswoman, company director, and private equity financier. She was the chairman and CEO of Delta Private Equity Partners. Cloherty served as manager of The U.S. Russia Investment Fund and Delta Russia Fund, two venture capital funds which operated in Russia. In 2004, Cloherty was named Businessperson of the Year by the American Chamber of Commerce in Russia. In 2007, Crain's New York Business named her one of the Most Powerful Women in New York. In 2008, Cloherty received the Order of Friendship from Russian President Vladimir Putin.

<span class="mw-page-title-main">Lincoln International</span> Multinational financial services company

Lincoln International LLC is a multinational independent investment bank and financial services company specializing in advisory services and financings on middle market transactions. The firm works with publicly traded and privately owned companies, financial sponsors, and lenders. The firm provides advisory services including mergers & acquisitions, capital advisory consisting of growth equity, debt and restructuring advisory, valuations and opinions, private funds advisory and joint ventures & partnering. The firm completed more than 400 advisory assignments globally in 2021, as well as over 10,000 debt and equity valuations.

<span class="mw-page-title-main">Blythe Masters</span> British economist (born 1969)

Blythe Masters is a British private equity executive and former financial services and fintech executive. She is a former executive at JPMorgan Chase, where she was widely credited for developing the credit default swap as a financial instrument. She is founding partner of FinTech private equity firm, Motive Partners, and an Advisory Board Member of the US Chamber of Digital Commerce, a Board Member of GCM Grosvenor, Forge Global, CAIS Group, and SymphonyAI. She is the former CEO of Motive Capital Corp, and a former board member of Credit Suisse Group.

Dennis J. "Chip" Wilson is an American-born Canadian businessman, investor, and philanthropist who has founded several retail apparel companies, most notably the yoga-inspired athletic apparel company Lululemon Athletica Inc. Wilson is widely regarded as the progenitor and a pioneering figure of the athleisure phenomenon, in which the trend has permeated mainstream North American society since its emergence in 2014.

Guaranteed Rate Companies is a U.S. residential mortgage company headquartered in Chicago, Illinois. Founded in 2000 by Victor Ciardelli, the company had $55 billion in funded volume in 2022, down 25% since 2020. As of 2021, the company has more than 10,000 employees and more than 850 offices nationwide and is located in 50 states.

West Monroe is a digital services firm headquartered in Chicago, Illinois. West Monroe provides traditional management consulting, creative and product engineering services to businesses across many industries, including consumer and industrial products, energy and utilities, financial services, healthcare, life sciences, private equity, retail, and software and high tech. West Monroe is consistently recognized as a best place to work and a top consulting firm. West Monroe’s tagline is "Don’t Do Digital. Be Digital."

Richard Mitchell McVey is an American entrepreneur who is chairman and chief executive officer of MarketAxess, which operates an electronic trading platform for corporate bonds and other fixed-income products. McVey has led MarketAxess since he founded the company in April 2000.

<span class="mw-page-title-main">Citadel Securities</span> American market making firm

Citadel Securities LLC is an American market making firm headquartered in Miami. It is one of the largest market makers in the world, and is active in more than 50 countries. It is the largest designated market maker on the New York Stock Exchange.

References

  1. 1 2 "Kourtney Gibson | TIAA". www.tiaa.org. Retrieved 2024-04-11.
  2. Ell, Kellie (2020-11-19). "Lululemon Adds Kourtney Gibson to Its Board of Directors". WWD. Retrieved 2022-01-14.
  3. "Minority Biz - Kourtney Ratcliff: Building her own future in finance". minority-biz.com. Retrieved 2022-01-14.
  4. "Kourtney Gibson | University of Miami Development and Alumni Relations". news.miami.edu. Retrieved 2022-01-14.
  5. Editorial Staff (2015-12-08). "Wall Street Women Crystal Ladder Award: Kourtney Ratliff". Traders Magazine. Retrieved 2022-01-14.
  6. Gibson, Kourtney (2021-03-09). "Op-ed: Defining success as a woman in investment banking is more than just titles and salaries". CNBC. Retrieved 2022-01-14.
  7. 1 2 3 Donnelly, Grace (November 23, 2020). "Athletic apparel giant Lululemon stretches out to Atlanta for new board member". www.bizjournals.com. Retrieved 2022-01-14.
  8. "Here's why Kourtney Ratliff of Loop Capital is a Crain's 40 Under 40". Crain's Chicago Business. Retrieved 2022-01-14.
  9. "Loop Capital Markets Names Gibson as President". Bond Buyer . 2016-06-28. Retrieved 2022-01-14.
  10. Orland, Kevin (June 23, 2021). "CIBC Buys Loop Capital Stake to Expand Presence in the U.S." www.bloomberg.com. Retrieved 2022-01-14.
  11. "PG&E CEO is 1st woman to go from top of one Fortune 500 company to another". Fortune. Retrieved 2022-01-14.
  12. Tyagi, Shreya (July 22, 2020). "BofA names head of business banking; NexPoint Capital adds to board". www.spglobal.com. Retrieved 2022-01-14.
  13. "MarketAxess Holdings Inc". Barron's. Retrieved 2022-01-14.
  14. "Loop Capital, Goldman Sachs and Google Launch Cash Management Solution to Help Close Racial Wealth Gap". Essence. 19 September 2021. Retrieved 2022-01-14.
  15. "Help high school students avoid trap of college mismatches". Crain's Chicago Business. 2019-10-21. Retrieved 2022-01-14.
  16. GmbH, finanzen net. "Loop Capital's Kourtney Gibson Says Coinbase Could Be Worth $400 To $450 Per Share". markets.businessinsider.com. Retrieved 2022-01-14.
  17. "2021 Women in Leadership Symposium presents Onward & Upward: The Era of the Empowered Woman". Diversity, Equity & Inclusion. 2021-03-03. Retrieved 2022-01-14.
  18. "The U.S. is in a retirement crisis—but here's what we can do". The Washington Post. November 16, 2023.
  19. "Seeing Secure Income's Benefits". Plan Sponsor.
  20. 1 2 O'Brien, Elizabeth (March 21, 2024). "Kourtney Gibson". Barron's.
  21. 1 2 "TMPG". www.newyorkfed.org. Retrieved 2022-01-14.
  22. "DEIC Power 100". deicpower100.
  23. Hansen, Nathan (15 May 2017). "Viterbo University recital hall named for alumna Nola Ratliff". La Crosse Tribune. Retrieved 2022-01-14.
  24. "M2U Newsletter by University of Miami - Issuu". issuu.com. 10 December 2014. Retrieved 2022-01-14.
  25. 1 2 cdawkins (2020-11-25). "Lululemon Expands Board of Directors With Appointment of Kourtney Gibson". Savoy. Retrieved 2022-01-14.
  26. Barton, Kelsie (April 15, 2021). "From Intern to President: How Kourtney Gibson Does it All". The Atlantan. Retrieved 2022-01-14.
  27. "Chicago's Tomorrow Interviews Chicago Today Episode 7". UCAN. 2019-05-23. Retrieved 2022-01-14.