Vanguard CEO Bill McNabb officially stepped down at the end of 2017, after more than 30 years of service.
Vanguard employees, affectionately known as crew members, were invited to share their thoughts on McNabb’s leadership, expertise, accomplishments, and impact over the years.
“Thank you, Bill, for everything you have done for our clients, crew, and community, and (for) making Vanguard the best place to work for me. You have been an inspiration to all of us, and we are going to miss you,” Babita B. said.
“I’ve always been grateful to work for a company like Vanguard that not only has an important mission, but that carries out that mission with the highest ethical standards,” Tim O. said. “Thanks, Bill, for having continued to set that tone here. It’s great to be able to take pride in the work one does every day.”
McNabb, 60, who has served as Vanguard’s CEO since 2008, will remain as chairman of the board. He was succeeded by Vanguard Chief Investment Officer Tim Buckley at the beginning of the year. Buckley, 48, is the firm’s fourth CEO since its founding in 1975.
McNabb joined Vanguard in June 1986, and became a member of Vanguard’s senior leadership team in 1995 as head of its Institutional Investor Group.