Herbert M. Allison
Herb Allison | |
|---|---|
| Assistant Secretary of the Treasury for Financial Stability | |
| In office June 2009 – September 2010 | |
| President | Barack Obama |
| Preceded by | Neel Kashkari |
| Succeeded by | Timothy Massad |
| Personal details | |
| Born | Herbert Monroe Allison Jr. August 2, 1943 Pittsburgh, Pennsylvania, U.S. |
| Died | July 14, 2013 (aged 69) Westport, Connecticut, U.S. |
| Spouse |
Simin Allison (Nazemi)
(m. 1974) |
| Children | 2 |
| Education | Yale University (BA) Stanford University (MBA) |
| Occupation | Assistant Secretary of the Treasury for Financial Stability (2009–2010) Chairman, CEO of TIAA-CREF (NYC, 2002–2008) President of Merrill Lynch (1995–1999) |
| Known for | Key figure in the TARP program |
| Military career | |
| Allegiance | United States |
| Branch | United States Navy |
| Service years | 1965–1969 |
| Rank | Lieutenant |
| Conflicts | Vietnam War |
Herbert Monroe Allison Jr. (August 2, 1943 – July 14, 2013) was an American businessman who oversaw the Troubled Asset Relief Program (TARP) as Assistant Secretary of the Treasury for Financial Stability from 2009 to 2010. His previous positions included president and CEO of Fannie Mae, a post to which he was appointed in September 2008, after Fannie was placed into conservatorship. Prior to that, Allison was chairman, president and chief executive officer of TIAA from 2002 until his retirement in 2008.