The Vanguard Board of Directors: A Force to Be Reckoned With

Who is the Vanguard Board of Directors?

The Vanguard Board of Directors is the governing body of The Vanguard Group, Inc., one of the world's largest investment management companies. The board is responsible for overseeing the company's operations, setting its strategic direction, and ensuring its financial health.

Composition of the Board

The Vanguard Board of Directors is composed of 15 members, including:

• F. William McNabb III, Chairman of the Board
• Timothy J. Buckley, President and Chief Executive Officer
• Kathleen P. Anderson
• John J. Brennan
• John C. Bogle Jr.
• Christopher F. Condron
• Steven A. Cohen
• Susan M. Davis
• Dorothy L. Driessen
• Michael E. Grace
• David A. Macchia
• Kathleen A. Matthews
• Michael S. Murray
• John L. Thornton
• Joan H. Wulf

Role of the Board

The Vanguard Board of Directors has a fiduciary responsibility to act in the best interests of the company's shareholders. The board's key responsibilities include:

• Setting the company's strategic direction
• Overseeing the company's operations
• Ensuring the company's financial health
• Monitoring the company's compliance with laws and regulations
• Hiring and firing the company's CEO

Accomplishments of the Board

Under the leadership of the Vanguard Board of Directors, the company has:

• Grown into one of the world's largest investment management companies
• Achieved consistently high investment returns for its shareholders
• Built a reputation for low fees and excellent customer service
• Expanded its product offerings to meet the needs of a growing investor base

Challenges Facing the Board

The Vanguard Board of Directors faces a number of challenges, including:

• The increasing complexity of the global financial markets
• The rising cost of regulation
• The threat of competition from new and innovative financial technology companies

Outlook for the Board

The Vanguard Board of Directors is well-positioned to lead the company into the future. The board has a deep understanding of the investment landscape, a commitment to excellence, and a proven track record of success.

The Vanguard Board of Directors: A Closer Look at the Members

F. William McNabb III

F. William McNabb III has been Chairman of the Vanguard Board of Directors since 2010. He is a former CEO of Vanguard and has been a member of the board since 1996. McNabb is a graduate of the University of Virginia and the Harvard Business School.

Timothy J. Buckley

Timothy J. Buckley is President and Chief Executive Officer of Vanguard. He has been with the company since 2008 and has served as CEO since 2018. Buckley is a graduate of the University of Vermont and the Tuck School of Business at Dartmouth College.

Kathleen P. Anderson

Kathleen P. Anderson is a director of Vanguard and a former CEO of Bank of the West. She has been a member of the Vanguard board since 2018. Anderson is a graduate of the University of California, Berkeley, and the Harvard Business School.

John J. Brennan

John J. Brennan is a director of Vanguard and a former Director of the Central Intelligence Agency. He has been a member of the Vanguard board since 2018. Brennan is a graduate of Fordham University and the University of Virginia Law School.

John C. Bogle Jr.

John C. Bogle Jr. is a director of Vanguard and the son of the company's founder, John C. Bogle. He has been a member of the Vanguard board since 2018. Bogle is a graduate of the University of Pennsylvania and the Wharton School of Business.

Christopher F. Condron

Christopher F. Condron is a director of Vanguard and a former CEO of Northern Trust Corporation. He has been a member of the Vanguard board since 2017. Condron is a graduate of the University of Chicago and the Harvard Business School.

Steven A. Cohen

Steven A. Cohen is a director of Vanguard and a former Chairman and CEO of Capital Group. He has been a member of the Vanguard board since 2016. Cohen is a graduate of the University of California, Berkeley, and the Harvard Business School.

Susan M. Davis

Susan M. Davis is a director of Vanguard and a former