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Rating:Takeover of the Nerds Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, August 1, 2012

Takeover of the Nerds

News summary by MFWire's editors

Add "techie" to the list of nicknames for Vanguard [profile]. The mutual fund giant has granted several executive roles to former IT personnel, a move that reporter Chris Murphy notes in InformationWeek as a nod to Vanguard's high regard for tech.

The "coveted" role of chief investment officer goes to Tim Buckley, who most recently ran Vanguard's retail business but also led IT operations in the early 2000s, when Vanguard was first establishing its Web presence. Meanwhile, John Marcante, also a former techie, takes over the position of chief information officer from Paul Heller, who will now head up the retail investor group and is also — surprise, surprise — a techie.  

Edited by: Irene Park


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