Herbert M. Allison Jr. was named chairman, president and CEO at TIAA-CREF, effective Nov. 1. He succeeds John H. Biggs, who is retiring after 13 years with the company, including nearly 10 years as chairman and CEO.
Mr. Allison is president and CEO of AllLearn.org, a non-profit venture of Oxford, Stanford and Yale universities that offers enrichment studies in arts and sciences over the Internet. Previously, he was president and COO of Merrill Lynch, where he had a 28-year career before retiring in July 1999.