In the Margins
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.
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The bottom line: In the near term, it’s not likely that the roles and activities of mutual fund directors will change much. There will be no ...
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