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Vanguard's corporate headquarters is in Malvern, a suburb of Philadelphia. It has satellite offices in Charlotte, North Carolina , Dallas, Texas , Washington D.C. , and Scottsdale, Arizona , as well as Canada, Australia, Asia, and Europe.
Sep 12, 2023 · According to the Vanguard Group, the company is owned by its member funds, which are owned by the fund shareholders. Thus, the fund shareholders are the owners of Vanguard.
Executive team. Vanguard’s senior management team is responsible for executing the long-term strategy of the firm, overseeing its day-to-day operations, and managing its crew. The team is led by CEO Mortimer (Tim) Buckley and includes long-tenured, experienced senior executives who are elected by the board of directors.
To consolidate its burgeoning operations and accommodate future growth, Vanguard acquired 200 acres in Chester County, Pennsylvania, to build new corporate headquarters. The first building on the Malvern office campus opened a year later.
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Vanguard purchased the Malvern West property in 2012 and two existing buildings on the land due to its proximity to the firm’s main headquarters, which consists of approximately 115 acres and 7 buildings. Consistent with Vanguard’s naming convention, those buildings later became Orion and Defence.
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May 16, 2024 · The Vanguard Group was an outcome of a 1974 corporate struggle at the Wellington Management Company that resulted in the firing of Wellington's CEO, John Bogle. He appealed to the Wellington Company's mutual funds' board of directors to retain him as the funds' chairman and CEO.
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