Vanguard chairman Bill McNabb to step down, replaced by chief exec

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
Post Reply
Topic Author
Jeff Albertson
Posts: 672
Joined: Sat Apr 06, 2013 7:11 pm
Location: Springfield

Vanguard chairman Bill McNabb to step down, replaced by chief exec

Post by Jeff Albertson » Thu Nov 01, 2018 10:11 am

On January 1, 2019, Vanguard President and CEO Tim Buckley will assume the role as Chairman of Vanguard. Succeeding Bill McNabb, Mr. Buckley will serve as the fourth Chairman in the firm’s 43-year history.

“Tim has been a strong, focused leader at Vanguard during times of tremendous company growth, as well as periods of significant market uncertainty,” said Mr. McNabb. “The Board of Directors and I have tremendous confidence in his ability to lead Vanguard through this next chapter for the firm.”

Mr. Buckley assumed the CEO position in January 2018, after serving in a number of senior management roles, including as the firm’s Chief Investment Officer from 2013 to 2017, head of Vanguard’s Retail Investor Group from 2006 to 2012, and Chief Information Officer from 2001 to 2006. Elected as a principal in 1998, Mr. Buckley joined Vanguard in 1991 as assistant to then-CEO John C. Bogle. ... n-in-2019/ ... 70713.html ... ector.html
Last edited by Jeff Albertson on Thu Nov 01, 2018 10:24 am, edited 1 time in total.

Post Reply