Vanguard chairman Bill McNabb is set to step down at the end of the year with CEO Tim Buckley replacing him.
McNabb joined the world's second largest asset manager in 1986 before being named chairman in 2008 and subsequently chairman the next year. He stepped down from his role as chief executive in July 2017 with Buckley taking over in 1 January this year. Buckley commented: "Bill's legacy is keeping our clients at the center of everything that we do and supporting the development of our crew. "Vanguard delivered unrivaled value under his leadership. He leaves our firm deep in talent and ready to give our clients the best chance of investment success." Vanguard launches D2C platform f...
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