In the Margins

Vanguard CEO McNabb to step down

July 14, 2017

By The New York Times

Vanguard Group said Thursday its CEO, Bill McNabb, will step down. He will be succeeded by CIO Tim Buckley but will remain chairman of the board. The change will become effective on Jan. 1, 2018. Read the original story from The New York Times.

 

 

Most Read

Top of the Agenda - Governance
Fewer women, minorities among new fund directors

After years of making gains in filling fund board seats, women and individuals representing minority groups lost significant ground in the most recent two-year period measured ...

Top of the Agenda - Compensation
IDC: Fund director pay climbs again in 2024

Mutual fund independent directors earned more in 2024 than in the year prior, and the pace at which their compensation grew was also higher year-on-year, according ...