TIAA-CREF, New York, is looking for a director of corporate governance, a new position.
Spokesman Patrick Connor said officials are "actively looking for somebody," although there's no firm timetable for hiring.
The organization, with $262 billion under management, then would have three corporate governance directors. Linda E. Scott joined TIAA-CREF June 3 as one director, filling a position being vacated by Elizabeth Fender. Ms. Fender is leaving in mid-June for personal reasons.
Andrew Clearfield is the other director of corporate governance. The directors report to Peter C. Chapman, senior vice president and chief counsel-corporate governance.
Ms. Scott was director of investor affairs, working on corporate governance issues, for the New York State Common Retirement Fund, Albany. She left in May after helping with the transition following the election of Alan G. Hevesi as state comptroller.
Julie Gresham replaced Ms. Scott at the New York fund. Ms. Gresham was an attorney with CLF Consulting, which represents major corporations and government client in lobbying and other work, according to John Chartier, comptroller officer spokesman.
Also at TIAA-CREF, Erwin M. Martens was named executive vice president, risk management, a new position. Mr. Martens was managing director and head of risk management at Putnam Investments, Boston. Irene Esteves, chief financial officer, has assumed Mr. Martens' duties while Putnam conducts a search to fill the position, said Laura McNamara, a Putnam spokeswoman. Details on the search weren't immediately available.