VALLEY FORGE, PA — Vanguard announced that Salim Ramji has taken over as the new chief executive officer as of July 8, 2024. Ramji also joined Vanguard’s Board of Directors, completing a planned transition first announced on May 14, 2024. He succeeds Tim Buckley, who retires after more than 30 years with the firm, including a successful stint as chairman and CEO.
“For nearly 50 years, Vanguard has taken a stand for individual investors, with an unyielding commitment to serving their best interests and helping them achieve their long-term financial goals,” Ramji said. “I am honored and humbled to lead Vanguard into its next chapter, and am deeply committed to continue to steward the company’s mission to give investors the best chance for investment success.”
Greg Davis, President and Chief Investment Officer, expressed his enthusiasm for Ramji’s leadership. “Salim is a dedicated, purpose-driven leader with deep experience, powerful insight, and a genuine passion for our mission. I am excited to collaborate with him as we aim to continue to deliver innovative products and highly personalized advice that helps maximize long-term returns for our investor-owners.”
Ramji brings over 25 years of financial services experience to his new role. His background includes investments, capital markets, and wealth management. With a strong cultural alignment and a global perspective, Ramji is well-positioned to advance the interests of individual investors worldwide.
In addition to Ramji’s appointment, Greg Davis has joined Vanguard’s Board of Directors. Mark Loughridge, previously Vanguard’s Lead Independent Director, has taken on the role of nonexecutive Chairman of the Board.
This leadership transition marks a significant moment for Vanguard as it continues to prioritize the needs of its millions of investors around the globe.
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