Evans said the time is right to begin a new chapter of his life outside of TIAA-CREF. He plans to take time off with his family.
“We thank Scott for his many contributions and respect his decision to spend more time with his family. After 27 years of faithful service, he will leave TIAA-CREF with a deep bench of asset management leaders in place and proven strategies,” a company spokesperson told PLANADVISER. “Scott will continue to work with us to ensure a smooth transition as we conduct the search for his successor.”
TIAA-CREF’s Asset Management business announced leadership changes in November (see TIAA-CREF Asset Management Business Sees Executive Changes).
TIAA-CREF has $440 billion in combined assets under management, as of September 30, 2011.