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TIAA-CREF: Stop investing in assault weapons manufacturers
  • Petitioned Roger W. Ferguson, Jr.

This petition was delivered to:

President and CEO, TIAA-CREF
Roger W. Ferguson, Jr.
Director, Corporate Media Relations, TIAA-CREF
Chad Peterson
Director, Corporate Public Relations, TIAA-CREF
John McCool
Chief Financial Officer, TIAA-CREF
Virginia Wilson
Executive Vice President and Chief Marketing Officer, TIAA-CREF
Constance Weaver
Executive Vice President and President of Retirement and Individual Financial Services, TIAA-CREF
Ed Van Dolsen
Executive Vice President and Chief Human Resources Officer, TIAA-CREF
Otha Spriggs
Executive Vice President and Chief Operating Officer, TIAA-CREF
Ron Pressman
Executive Vice President, Risk Management, TIAA-CREF
Stephen Gruppo
Senior Managing Director and Chief Operating Officer of Asset Management, TIAA-CREF
Carol Deckbar
Senior Managing Director and Chief Information Officer, TIAA-CREF
Annabelle Bexiga
Executive Vice President and Chief Legal Officer
Brandon Becker

TIAA-CREF: Stop investing in assault weapons manufacturers

    1. Petition by

      John Funchion

Like many around the globe, I was horrified and saddened by the tragic murders of 20 children and 6 adults at the Sandy Hook Elementary School in Newtown by a man using a military-style assault weapon. I am an educator and a parent: this hit home for me in excruciating ways.

Along with many other educators, my retirement investments are managed by TIAA-CREF, a not-for-profit company that is the largest provider of financial services to American teachers, librarians, and cultural and medical workers. Imagine my shock and dismay, therefore, when I realized that my own retirement funds were being invested in Smith & Wesson and in Sturm, Ruger, two companies that manufacture versions of the same AR15 semiautomatic rifle used to take so many lives in Newtown—and used, also, in the massacre in Aurora, Colorado.

On its website, TIAA-CREF proclaims, "We hold ourselves to a higher standard." Let us demand that TIAA-CREF honor its stated commitment to "doing right, which is fundamental to our commitment to integrity, service and customer relationships."

We are calling on TIAA-CREF to “do right” in this post-Newtown moment. Private equity giant Cerberus Capital Management has already acted to divest from gun companies, citing the massacre of 20 students and 6 educators at Sandy Hook School as "a watershed event." Yet TIAA-CREF, despite its commitment to “doing right,” has failed to take a stand.

We call on TIAA-CREF to divest itself immediately of its holdings in Smith & Wesson and Sturm, Ruger & Co. Tell TIAA-CREF: Stop Investing in Assault Weapons! Please join me in sending TIAA-CREF a clear message by signing this petition and circulating it to your colleagues and friends. Thank you!

To:
Roger W. Ferguson, Jr., President and CEO, TIAA-CREF
Chad Peterson, Director, Corporate Media Relations, TIAA-CREF
John McCool, Director, Corporate Public Relations, TIAA-CREF
Virginia Wilson, Chief Financial Officer, TIAA-CREF
Constance Weaver, Executive Vice President and Chief Marketing Officer, TIAA-CREF
Ed Van Dolsen, Executive Vice President and President of Retirement and Individual Financial Services, TIAA-CREF
Otha Spriggs, Executive Vice President and Chief Human Resources Officer, TIAA-CREF
Ron Pressman, Executive Vice President and Chief Operating Officer, TIAA-CREF
Stephen Gruppo, Executive Vice President, Risk Management, TIAA-CREF
Carol Deckbar, Senior Managing Director and Chief Operating Officer of Asset Management, TIAA-CREF
Annabelle Bexiga, Senior Managing Director and Chief Information Officer, TIAA-CREF
Brandon Becker, Executive Vice President and Chief Legal Officer
In this post-Newtown era, I believe that TIAA-CREF cannot conform to its pledge to "hold ourselves to a higher standard" while investing in assault weapons manufacturers. I ask that TIAA-CREF divest from Smith & Wesson and Sturm, Ruger immediately.

Sincerely,
[Your name]

Recent signatures

    News

    1. Reached 2,000 signatures
    2. Our campaign featured on Inside Higher Ed.

      John Funchion
      Petition Organizer

      TIAA-CREF "declined to comment." Their Twitter account and FB page have gone silent. Let's send them a loud message that they can't stay silent on this issue.

      http://www.insidehighered.com/quicktakes/2012/12/20/group-calls-tiaa-cref-divest-gun-companies

    3. Reached 100 signatures

    Supporters

    Reasons for signing

    • George Light STARKVILLE, MS
      • 3 months ago

      Our gun culture is absurd. No one needs an assault weapon to hunt or protect their homestead.

      REPORT THIS COMMENT:
    • Matthew Richard VALDOSTA, GA
      • 5 months ago

      we need to do everything possible to end our epidemic of gun killings . . .

      REPORT THIS COMMENT:
    • John Witek DURHAM, NC
      • 6 months ago

      I'm invested with TIAA-CREF. I'd rather not have to mover that money. But I will.

      REPORT THIS COMMENT:
    • Katherine Parker Bryden IOWA CITY, IA
      • 6 months ago

      I have money in a TIAA-CREF retirement account, and I would rather eat cat food in my old age than live off the profits gained at the cost of some other human being's spilled blood. If TIAA-CREF is going to live up to its standard of "working for the greater good," the fund managers can start with not investing in companies that manufacture arms and munitions.

      REPORT THIS COMMENT:
    • ilana schoenbach SOUTH PASADENA, CA
      • 7 months ago

      needless deaths occur yearly due to these weaons being available to the insane and dangerous. let's get rid of them.

      REPORT THIS COMMENT:

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