A Former Assistant to Investing Legend John Bogle was Named the Next CEO of a $4.4 Trillion Fund giant
F. William McNabb will be stepping down as CEO of Vanguard Group.
He will be replaced in January by Vanguard’s current CIO Mortimer J. “Tim” Buckley and transition to chairman next year before also passing that role to Buckley.
McNabb, who joined the company in 1986, became CEO in 2008...