Published 07-19-05
Submitted by TIAA-CREF
"Today, we stand on the verge of being able to fulfill our mission in a new way - a way that more effectively meets our participants' modern-day needs," said TIAA-CREF Chief Executive Herb Allison.
"We will set a new standard by being a financial services organization completely in step with our clients' best interests, offering high-value products and services, objective advice, non-commissioned consultants and an open choice of world-class products tailored to our clients' ultimate financial goals," Allison added.
In other meeting-related actions, CREF participants:
(All voting results are preliminary, but are expected to be within 1% of final tallies.)
Mr. Allison stated that TIAA-CREF would continue discussions on how best to expand its socially responsible commitment - either through the products it offers or through the active ownership strategies it undertakes.
About TIAA-CREF
TIAA-CREF is a national financial services organization and the leading provider of retirement services in the academic, research, medical and cultural fields. With more than $350 billion in combined assets under management (6/30/05), TIAA-CREF is one of Fortune magazine's 100 largest U.S. companies (April 2005). Further information can be found at http://www.tiaa-cref.org.
TIAA-CREF Individual & Institutional Services, LLC, and Teachers Personal Investors Services, Inc., distribute securities products. You should consider the investment objectives, risks, charges and expenses carefully before investing. Please call 1-800-842-2776 from 8 a.m. - 10 p.m. ET, weekdays, 9 a.m. - 6 p.m. ET on Saturday or access our website at http://www.tiaa-cref.org for a prospectus that contains this and other information. Please read the prospectus carefully before investing.
TIAA-CREF is a national financial services organization with more than $380 billion in combined assets under management (6/30/06) and the leading provider of retirement services in the academic, research, medical and cultural fields.
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