Former Chairman and Chief Executive Officer
Vanguard
F. William McNabb III 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.
Mr. McNabb 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, Axiom, Vanilla, and Altruist, he is also vice chair of the board of Nexii. He also serves as a senior advisor to Permira and Venrock.
Mr. McNabb is active in the nonprofit world. He is a board member and co-chair of CECP: The CEO Force for Good, former co-chair of the NACD Future of the American Boardroom Commission, a board member of Elevate 215 and the Philadelphia Zoo, and chair of the US Rowing Foundation.
In addition, Mr. McNabb is the executive in residence at the Raj & Kamla Gupta Governance Institute at the LeBow College of Business, a member of the Advisory Board of the Ira M. Millstein Center for Global Markets and Corporate Ownership at Columbia Law School, and a senior fellow of the Wharton Center for Leadership and Change Management.
Mr. McNabb earned an A.B. at Dartmouth College and an M.B.A. from The Wharton School of the University of Pennsylvania