Mortimer Joseph "Tim" Buckley (born April 26, 1969) is an American business executive who was the chief executive officer of The Vanguard Group between 2018 and 2024.[1][2]

Tim Buckley
Born
Mortimer Joseph Buckley

(1969-04-26) April 26, 1969 (age 55)
EducationHarvard University (BA, MBA)
Known forFormer CEO of The Vanguard Group
PredecessorWilliam McNabb
SuccessorSalim Ramji
Children3

Early life and education

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Buckley was born on April 26, 1969, to Mortimer John Buckley and Marilyn (née Scully) Buckley.[3][4] His father, the Chief of the Massachusetts General Hospital Cardiac Surgical Unit, was a devout Catholic from an Irish immigrant family who raised his children in the Catholic faith.[5][6]

Buckley attended secondary school at the Belmont Hill School in Belmont, Massachusetts.[7] In 1991, he earned a BA degree in economics from Harvard College. In 1996, he earned an MBA degree from Harvard Business School.[8][9]

Career

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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 when Gus Sauter retired in 2013.[10]

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.[11] He was succeeded by Salim Ramji in July 2024.[2]

Personal life

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Buckley is married and has three children. He lives in Wayne, Pennsylvania.[3]

References

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  1. ^ a b "Vanguard CEO F. William McNabb To Step Down". news.morningstar.com. July 13, 2017. Retrieved July 14, 2017.
  2. ^ a b Godbout, Ted (July 8, 2024). "Ramji Takes the Helm as Vanguard CEO". National Association of Plan Advisors. Retrieved July 12, 2024.
  3. ^ a b Duke, Simon (February 11, 2018). "Interview: Never mind the stock picking, look at the fees, says Vanguard boss Tim Buckley". The Sunday Times.
  4. ^ "Weddings". The Boston Globe. June 17, 1962. p. 121. Retrieved January 1, 2022.
  5. ^ "Mortimer John Buckley". Harvard Gazette. October 30, 2008. Retrieved July 14, 2017.
  6. ^ "Mortimer Joseph Buckley" (PDF). Harvard Medical School. Retrieved April 18, 2023.
  7. ^ "Carved Panel Archive". www.belmonthill.org. Retrieved March 30, 2018.
  8. ^ "Vanguard's management and directors". about.vanguard.com. Retrieved July 14, 2017.
  9. ^ "Tim Buckley" (PDF). www.sec.gov. 2006. Archived from the original (PDF) on March 26, 2019. Retrieved July 13, 2017.
  10. ^ "Vanguard CIO Tim Buckley, at a glance". San Diego Union-Tribune. Associated Press. April 4, 2013. Retrieved July 14, 2017.
  11. ^ Pitcher, Jack. "Vanguard CEO Tim Buckley to Step Down". WSJ. Retrieved March 1, 2024.