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

10 Things
10 Things...to know about BDCs

Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...

Top of the Agenda - Succession
Vanguard nominates two, as two hit retirement

The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...