Mortimer J. Buckley

Last updated

Tim Buckley
Born
Mortimer Joseph Buckley

1969 (age 5455)
Education Harvard University (BA, MBA)
TitlePresident and CEO of The Vanguard Group
PredecessorWilliam McNabb

Mortimer Joseph "Tim" Buckley (born 1969) is an American executive at The Vanguard Group. The Vanguard Board elected him unanimously to succeed F. William McNabb III as chief executive officer upon McNabb's retirement in December 2017. [1]

Contents

Early life and education

Buckley was born in 1969, the son of Dr. Mortimer John Buckley and Marilyn (née Scully) Buckley. [2] His father was the Chief of the Massachusetts General Hospital Cardiac Surgical Unit. Buckley's father, a devout Catholic from an Irish immigrant family, raised the children in the Catholic faith. [3] [4]

Buckley attended secondary school at the Belmont Hill School in Belmont, Massachusetts. [5] He later earned a BA degree in economics in 1991 from Harvard College and an MBA degree in 1996 from Harvard Business School. [6] [7]

Career

In 1991 Buckley joined Vanguard as an assistant to company founder John C. Bogle. From 2001 to 2006 Buckley was Chief Information Officer, and from 2006 to 2012 he was head of the Retail Investor Group. He became Chief Investment Officer upon the retirement of Gus Sauter in 2013. [8]

In 2017, Vanguard's Board of Directors unanimously elected Buckley to succeed F. William McNabb III as chief executive officer, effective January 2018. [1]

In February 2024, it was announced that Buckley would step down as CEO by the end of 2024, ending a 33-year career at Vanguard. [9]

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References

  1. 1 2 "Vanguard CEO F. William McNabb To Step Down". news.morningstar.com. July 13, 2017. Retrieved July 14, 2017.
  2. "Weddings". The Boston Globe . June 17, 1962. p. 121. Retrieved January 1, 2022.
  3. "Mortimer John Buckley". Harvard Gazette . October 30, 2008. Retrieved July 14, 2017.
  4. "Mortimer Joseph Buckley" (PDF). Harvard Medical School . Retrieved April 18, 2023.
  5. "Carved Panel Archive". www.belmonthill.org. Retrieved March 30, 2018.
  6. "Vanguard's management and directors". about.vanguard.com. Retrieved July 14, 2017.
  7. "Tim Buckley" (PDF). www.sec.gov. 2006. Archived from the original (PDF) on March 26, 2019. Retrieved July 13, 2017.
  8. "Vanguard CIO Tim Buckley, at a glance". San Diego Union-Tribune . Associated Press. April 4, 2013. Retrieved July 14, 2017.
  9. Pitcher, Jack. "Vanguard CEO Tim Buckley to Step Down". WSJ. Retrieved March 1, 2024.