TIAA-CREF Names Tony Cox Head of Consultant Relations

NEW YORK--(BUSINESS WIRE)-- TIAA-CREF today announced the appointment of Tony Cox as Head of Consultant Relations, effective June 15. He reports to Bertram Scott, Executive Vice President and Chief Institutional Development & Sales Officer and is based in the organization’s Atlanta office.

Mr. Cox will lead the organization’s work with the pension consultant community to assist in the design and implementation of retirement plans to meet employer needs and to work in the best interests of mutual clients. These efforts will include developing deeper relationships with the consulting community and sharing information about TIAA-CREF’s full suite of services and products for retirement plan administrators.

“Tony’s extensive experience in the defined contribution market will be an asset to our organization, the consultant community and our mutual clients,” said Bertram Scott, who heads TIAA-CREF’s institutional business development efforts. “Employers today are facing increasing challenges including regulatory changes, unprecedented market volatility, and workforce management. Tony and his team will strengthen our ability to partner with consultants to help provide their clients with comprehensive retirement plans. This includes striving to deliver consistent investment performance, high quality service and support plan administrators need to meet increased compliance and fiduciary obligations, and effective education tools for employees.”

Tony Cox joins TIAA-CREF from Charles Schwab where he was a Senior Vice President. At Schwab, Cox was responsible for all sales in the Corporate and Retirement division, which included the full-service retirement platform for defined contribution, defined benefit and non-qualified plans. In addition he had responsibility for sales of stock plans, corporate brokerage, mutual fund clearing and defined contribution investment only. He also served as a member of the company’s Operating Committee, which consisted of the 20 senior-most executives, and the Management Committee of the Corporate and Retirement Group.

Prior to joining Charles Schwab in 2007, Cox served as Head of North American Distribution for INVESCO North America. In this role, which he assumed in 2003, he had responsibility for all institutional sales, marketing and relationship management activities. This included the firm’s institutional consultant relations business.

Cox joined INVESCO in 1986 and later co-founded INVESCO’s Retirement division, holding various positions during his tenure with the company including Executive Vice President of the Retirement group, and Head of the Financial Institutions Group. In these roles Cox was responsible for increasing DC/IO sales from $900 million to $13 billion, and for leading institutional third party distribution.

“I’m looking forward to utilizing my experience in the defined contribution sector to successfully partner with the consultant community for the benefit of retirement plan administrators and participants in the non-profit field,” said Cox. “TIAA-CREF’s flexibility, strength, stability and experience in successful plan design will allow us to support the retirement and other financial needs of clients and their employees.”

About TIAA-CREF

TIAA-CREF (www.tiaa-cref.org) is a national financial services organization with more than $350 billion in combined assets under management (as of 3/31/09) and is the leading provider of retirement services in the academic, research, medical and cultural fields.

Formal Executive Titles:

Bertram Scott, Executive Vice President and Chief Institutional Development and Sales Officer, TIAA-CREF

Tony Cox, Head of Consultant Relations, TIAA-CREF

All TIAA-CREF investment products are subject to market risk. You should consider the investment objectives, risks, charges and expenses carefully before investing. Please call 877-518-9161 or log on to www.tiaa-cref.org for a current prospectus that contains this and other information. Please read the prospectus carefully before investing.

TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal Investors Services, Inc., members FINRA, distribute securities products.

©2009 Teachers Insurance and Annuity Association-College Retirement Equities Fund, New York, NY. 10017

C45053

TIAA-CREF

Chad Peterson, 212-916-4808

[email protected]

or

Abby Aylman Cohen, 212-916-4381

[email protected]

Source: TIAA-CREF