Herbert M. Allison

Herb Allison
Assistant Secretary of the Treasury for Financial Stability
In office
June 2009  September 2010
PresidentBarack Obama
Preceded byNeel Kashkari
Succeeded byTimothy Massad
Personal details
Born
Herbert Monroe Allison Jr.

(1943-08-02)August 2, 1943
Pittsburgh, Pennsylvania, U.S.
DiedJuly 14, 2013(2013-07-14) (aged 69)
Westport, Connecticut, U.S.
Spouse
Simin Allison (Nazemi)
(m. 1974)
Children2
EducationYale University (BA)
Stanford University (MBA)
OccupationAssistant Secretary of the Treasury for Financial Stability (2009–2010)
Chairman, CEO of TIAA-CREF (NYC, 2002–2008)
President of Merrill Lynch (1995–1999)
Known forKey figure in the TARP program
Military career
AllegianceUnited States
Service / branch United States Navy
Years of service1965–1969
Rank Lieutenant
Battles / warsVietnam 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.