Claire Borelli has been promoted to the position of Chief People Officer at TIAA, a market leader in providing secure retirements and outcome-focused investment solutions to millions of people and thousands of institutions. She serves on the company’s Executive Committee and reports to President and CEO Thasunda Brown Duckett. Sean Woodroffe, who accepted a larger position at another company, is replaced by Borelli.
Former Chief Diversity and Talent Officer at TIAA, Borelli has nearly three decades of experience leading human resources at major global financial services firms. TIAA’s HR strategy and execution, including talent acquisition, development, and retention, compensation and benefits, organisational design and effectiveness, diversity, equity, and inclusion, will fall under her purview in her new position. She will also be in charge of the company’s approximately 15,000 employees’ internal communications strategies for engagement and coordination.
Claire has a genuine passion for seeing that her coworkers are successful in their careers and personal lives, so Duckett was delighted to promote her to the top people-leader position at TIAA and welcome her to the Executive Committee. “Her vast experience, rich skill set, global perspective, and personal touch will be invaluable to our associates and be a key input into our corporate strategy and development,” said the company.
Borelli said, “I’m honoured to lead the people team at a company whose mission improves lives for so many people. “I’m excited to help TIAA associates as they secure retirement for more people from all walks of life,” the author says.
After almost 11 years at JPMorgan Chase, where she developed and implemented strategies to boost productivity and organisational effectiveness, led HR roles for several divisions, including wealth management and Chase’s consumer bank. Borelli joined TIAA in August 2022. She held senior positions at Merrill Lynch and UBS Wealth Management before joining Chase.
Borelli completed the Master’s Program in Executive Coaching at Columbia University and is a Certified Six Sigma Black Belt. YWCA, Saint Joseph’s University, Pierce College, and Year Up Greater Philadelphia are just a few of the organizations she has served on as a board member or leadership council member.
Sean has made numerous contributions to TIAA over the past six years, including leading our pandemic response and coming back to the position, said Duckett. He has consistently stood up for our people and our values, and he has served as a trusted link, mentor, and advisor for many of us. We appreciate his time spent working with us and are confident he will succeed in his new, fascinating position.