CEO Circle – Bill McNabb
F. William ‘Bill’ McNabb
Former CEO of Vanguard
Bill is the former chairman and chief executive officer of Vanguard. He joined Vanguard in 1986. In 2008, he became chief executive officer; in 2010, he became chairman of the board of directors and the board of trustees. He stepped down as chief executive officer at the end of 2017 and as chairman at the end of 2018. Earlier in his career, he led each of Vanguard’s client- facing business divisions.
Bill is active in the investment management industry and served as the chairman of the Investment Company Institute’s board of governors from 2013 to 2016. A board member of UnitedHealth Group, IBM, and Axiom, he is also chairman of Ernst & Young’s Independent Audit Committee.
He is a board member of CECP: The CEO Force for Good, a board member of the Philadelphia School Partnership, and the chairman of the board of the Zoological Society of Philadelphia.
In addition, Bill is the executive in residence at the Raj & Kamla Gupta Governance Institute at the LeBow College of Business and a member of the Advisory Board of the Ira M. Millstein Center for Global Markets and Corporate Ownership at Columbia Law School. He is a senior fellow of the Wharton Center for Leadership and Change Management. He also serves on the Dartmouth Athletic Advisory Board.
Bill earned an A.B. at Dartmouth College and an M.B.A. from The Wharton School of the University of Pennsylvania.
“Success is not final, failure is not fatal: it is the courage to continue that counts."