Thasunda Brown Duckett, a trailblazing Black businesswoman, has carved an indelible mark in corporate history as the fourth Black woman to lead a Fortune 500 company. Currently holding the 103rd position among Fortune 500 CEOs, Duckett’s illustrious career includes transformative roles as the CEO of JPMorgan Chase Consumer Banking and, more recently, as the president and CEO of the Teachers Insurance and Annuity Association of America (TIAA).
Duckett‘s commitment to excellence and her strategic vision have left an enduring impact on the organizations she has led. As the CEO of JPMorgan Chase Consumer Banking, she managed a vast banking network with more than $600 billion in deposits, a network of branches and ATMs, and a workforce of 50,000 employees, serving millions of households. Her leadership at TIAA resulted in the company’s revenue surpassing the remarkable threshold of $40 billion in 2022, solidifying her reputation as a dynamic and impactful leader.
Beyond her corporate accolades, Duckett’s dedication to community empowerment is evident through the Otis and Rosie Brown Foundation. Established in honor of her parents, the foundation serves as a platform to acknowledge and reward individuals making extraordinary contributions to uplift and empower their communities. Duckett’s philanthropic pursuits mirror her belief in the transformative power of grassroots initiatives and acts of kindness, exemplifying a commitment to fostering positive change.
Here are the four companies linked to Duckett, unravelling the multifaceted impact she has had on the financial, investment, and retail sectors. Each company reflects not only her strategic acumen but also her commitment to diversity, excellence, and positive change on a global scale.
- Thasunda Brown Duckett, breaking barriers as the President and CEO of TIAA since May 1, 2021, stands as the fourth Black woman to helm a Fortune 500 company. With her visionary leadership, TIAA has soared to unprecedented heights, achieving over $40 billion in revenue and managing assets exceeding $1.20 trillion by 2022. Duckett’s journey is not just historic, but transformative, reshaping the landscape of diversity and success in corporate America.
2. Nike Inc.
- Since 2019, Thasunda Brown Duckett has been a guiding force as an Independent Director on the Nike advisory board. Holding a 0.001 percent stake valued at $0.816 million, Duckett’s strategic insights have left an indelible mark on Nike’s success. Situated in Beaverton, Oregon, Nike, under her influence, continues to lead globally in athletic footwear, apparel, and accessories, resonating with consumers worldwide.
- Beyond her financial leadership at TIAA, Thasunda Brown Duckett plays a pivotal role on the board of Sesame Workshop, a renowned American nonprofit recognized for producing iconic educational children’s programs like Sesame Street. Her strategic guidance has significantly shaped the institution’s trajectory, showcasing her commitment to fostering global educational initiatives beyond the financial realm.
- Founded by Thasunda Brown Duckett in 2013, The Otis and Rosie Brown Foundation is a 501(c)(3) charity dedicated to elevating humanity through love, stewardship, and duty. Under her strategic guidance, the foundation became a powerful force for good, raising $45,446.07 in 2015 to support extraordinary endeavors in the Dallas-Ft. Worth metroplex. Notable successes, such as Khalia Wheery pursuing a career with Doctors Without Borders and Cynthia Nevels launching the SoulGood Food Truck, underscore the foundation’s impact and Duckett’s commitment to unlocking human potential for extraordinary achievements.