TIAA named Company of the Year by HR Dive

Award spotlights TIAA's 'Be the Change' initiative and empathetic and resilient leadership in 2020

NEW YORK, DECEMBER 20 , 2020 – TIAA, a leading provider of secure retirements, was named Company of the Year by HR Dive. The human resources industry publication cited TIAA’s longstanding commitment to diversity, equity and inclusion and its leadership in response to the racial, social and economic injustices brought on by the coronavirus pandemic.

TIAA offered a variety of resources and assistance programs to its more than 16,000 global employees in direct response to the pandemic. Support included enhanced benefits for caregivers and corporate discounts for caregiving, resources to support associates' mental, emotional, and physical well-being, and ongoing encouragement of healthy habits that engage associates and support their overall wellness.

"Our commitment to diversity and inclusion is core to our company’s purpose and has shaped our response to the recent crises our nation has experienced," said Sean Woodroffe, Chief Human Resources Officer for TIAA. "Earning the accolade of Company of the Year from HR Dive is also testament to the leadership and vision of our President and CEO Roger Ferguson, who has championed diversity, equity and inclusion in all aspects of our business. While our firm and our employees have done considerable work to meet the challenges of this year, I look forward to the opportunity to continue our growth in 2021."

In addition to associate support programs, TIAA also launched its "Be the Change" initiative—a leadership platform designed to help challenge systemic racism through programs, education, resources and communication—immediately following the death of George Floyd. As part of the program, TIAA hosted a Summer of Service, led by the Corporate Social Responsibility team, which offered employees virtual opportunities to engage with local nonprofits in their communities and support those adversely impacted by COVID-19. Employees also participated in a virtual "Race Against Racism," which encouraged them to partner with a colleague or friend of a different ethnicity to raise funds in support of the Innocence Project, a nonprofit committed to criminal justice reform.

Since the launch, TIAA has provided both employees and clients guidance aligned to the company's values for taking care of themselves and looking out for their teams, colleagues and neighbors, while critically assessing how the organization can be more inclusive and anti-racist going forward.

For more information about the HR Dive Awards, please visit hereOpens in a new window.  For more information on TIAA’s Be the Change program, please visit

About TIAA

With an award-winning 1 track record for consistent investment performance, TIAA ( is the leading retirement provider in the academic, research, medical, cultural and government fields. TIAA has $1.2 trillion in assets under management 2 (as of 9/30/2020) and offers a wide range of financial solutions, including investing, banking, advice and education, and retirement services. 

Press contact

Lauren Post
media@tiaa.orgOpens Email

1 The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. Lipper Leaders fund ratings do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. For more information, see Lipper Fund Awards from Refinitiv, ©2020 Refinitiv. All rights reserved. Used under license. The Award is based on a review of risk-adjusted performance of 39 companies for 2016, 36 for 2017, 35 for 2018 & 2019, and 30 for 2020. The award pertains only to the TIAA-CREF mutual funds in the mixed-asset category. Without such waivers ratings could be lower. Past performance does not guarantee future results. For current performance, rankings and prospectuses, please visit

2 Based on approximately $1.2 trillion of assets under management across Nuveen affiliates and TIAA investment management teams as of 9/30/20.

© 2020 and prior years, Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, New York, NY 10017