Vanguard raises eyebrows in search for new CEO

Some Vanguard Group-watchers raised their eyebrows when last month Mortimer “Tim” Buckley announced, at 55, that he’s stepping down immediately as president and will retire as CEO and chair at year end. “Surprise exit raises big questions,” wrote financial news publication Barron’s. Early retirement is normal for executives at Malvern-based Vanguard, which is, after all, […]...