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Thasunda Brown Duckett (born July 22, 1973) is an American businesswoman who serves as the president and chief executive officer (CEO) of TIAA. [1] [2] She is a former CEO of Chase Consumer Banking, [3] a division of JPMorgan Chase, and a member of the board of directors of Nike. Duckett is also a member of The Business Council's Executive Committee. [4] [5]
Duckett was born in Rochester, New York. She later moved to Texas with her parents, where she graduated from Sam Houston High School. [6] She attended the University of Houston, receiving a Bachelor's degree in Finance and Marketing. She enrolled at Baylor University, where she earned an MBA. [7]
Earlier in her career, Duckett was a Director of Emerging Markets at Fannie Mae, where she led the implementation of national strategies designed to increase homeownership among Black and Hispanic Americans. [8]
In May 2021, Duckett became the CEO of the Teachers Insurance and Annuity Association of America (TIAA), making her the fourth Black woman in history to serve as a Fortune 500 CEO, and one of two female Black American CEOs to then lead a Fortune 500 company. [9]
Thasunda joined TIAA after serving as Chief Executive Officer of Chase Consumer Banking, where she oversaw a banking network with more than $600 billion in deposits and 50,000 employees. [10] Previously, she was the CEO of Chase Auto Finance, one of the leading U.S. providers of auto financing, and National Retail Sales Executive for Chase Mortgage Banking, where she managed 4,000 mortgage bankers. [8]
In addition to Nike, Duckett serves on the boards of Robert F. Kennedy Human Rights, Sesame Workshop, National Medal of Honor Museum, Economic Club of New York, University of Houston Board of Visitors and Dean’s Advisory Board for the Baylor University's Hankamer School of Business. She is a member of the Executive Leadership Council, Delta Sigma Theta Sorority Inc. and Jack and Jill of America. [8]
Duckett is married with four children. [11] She founded and chairs The Otis and Rosie Brown Foundation to continue the legacy of her parents. [6]
Citigroup Inc. or Citi is an American multinational investment bank and financial services company in New York City. The company was formed by the merger of Citicorp, the bank holding company for Citibank, and Travelers in 1998; Travelers was spun off from the company in 2002.
JPMorgan Chase & Co. is an American multinational finance company headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States and the world's largest bank by market capitalization as of 2023. As the largest of Big Four banks, the firm is considered systemically important by the Financial Stability Board. Its size and scale have often led to enhanced regulatory oversight as well as the maintenance of an internal "Fortress Balance Sheet". The firm is headquartered at 383 Madison Avenue in Midtown Manhattan and is set to move into the under-construction JPMorgan Chase Building at 270 Park Avenue in 2025.
James Dimon is an American banker and businessman who has been the chairman and chief executive officer (CEO) of JPMorgan Chase since 2006.
Capital One Financial Corporation is an American bank holding company specializing in credit cards, auto loans, banking, and savings accounts, headquartered in Tysons, Virginia with operations primarily in the United States. It is the 12th largest bank in the United States by total assets as of 2022, the third largest issuer of Visa and Mastercard credit cards, and one of the largest car finance companies in the United States.
Sam Houston High School, located in east Arlington, Texas, is a public high school serving grades 9–12.
The Business Roundtable (BRT) is a nonprofit lobbyist association based in Washington, D.C. whose members are chief executive officers of major United States companies. Unlike the U.S. Chamber of Commerce, whose members are entire businesses, BRT members are exclusively CEOs. The BRT lobbies for public policy that is favorable to business interests, such as lowering corporate taxes in the U.S. and internationally, as well as international trade policy like NAFTA.
The Federal Housing Finance Agency (FHFA) is an independent federal agency in the United States created as the successor regulatory agency of the Federal Housing Finance Board (FHFB), the Office of Federal Housing Enterprise Oversight (OFHEO), and the U.S. Department of Housing and Urban Development government-sponsored enterprise mission team, absorbing the powers and regulatory authority of both entities, with expanded legal and regulatory authority, including the ability to place government-sponsored enterprises (GSEs) into receivership or conservatorship.
Brian Thomas Moynihan is an American lawyer, investment banker and businessman who is the chairman and CEO of Bank of America. He joined the board of directors, following his promotion to president and CEO in 2010.
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.
Rosalind "Roz" G. Brewer is an American businesswoman and former CEO of Walgreens Boots Alliance, before stepping down in September 2023. Brewer is the first woman to become CEO of Walgreens Boots Alliance, group president and COO of Starbucks, and CEO of Sam's Club. She currently serves as a member of the President's Export Council.
The Business Council is a nonpartisan organization of business leaders headquartered in Washington, D.C. It holds meetings several times a year for high-level policy discussions.
Jane Fraser is a British-American banking executive who is the chief executive officer (CEO) of Citigroup, a position she has held since March 2021. Educated at Girton College, Cambridge, and Harvard Business School, she worked at McKinsey & Company for 10 years, rising to partner prior to joining Citigroup in 2004. In 2019, she was named president of Citigroup and CEO of its consumer banking division.
Marianne Lake is a senior British-American banker.
Therese Tucker is an American businesswoman, the chairman, CEO and founder of BlackLine, an enterprise software company with a market cap of $2.17 billion as of 2018.
Lauren Simmons is an American producer, writer, podcaster, and former stock trader for Rosenblatt Securities. On March 6, 2017, at age 22, she became the youngest and only current full-time female trader at the New York Stock Exchange. She also became the second African American woman in the Exchange's 228-year history to have such a position. Simmons left Wall Street in December 2018.
Jennifer Piepszak is an American financial executive and co-head of J.P. Morgan’s Commercial & Investment Bank. Her appointment was announced on January 25, 2024. Prior to this, Piepszak served as co-Chief Executive Officer (CEO) of Consumer and Community Banking at Chase. Barron's named Piepszak one of the 100 Most Influential Women in U.S. Finance. Crain's New York named Piepszak the No. 2 Most Powerful Women in New York in 2019. American Banker named Piepszak the No. 4 Woman to Watch in 2018.
Carol B. Tomé is an American business executive who is the chief executive officer of United Parcel Service (UPS). She is formerly of The Home Depot, where she worked from 1995 to 2019, as Vice President and Treasurer and later as Executive Vice President and Chief Financial Officer. She has been a board member for UPS since 2003.
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Kourtney Gibson 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, and was previously on the boards of University of Miami and Lululemon Athletica.
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