VALLEY FORGE, PA (December 20, 2023)—Vanguard today announced the election of Lubos Pastor to its board of directors and to the board of trustees for each of the Vanguard funds.

Mr. Pastor is the Charles P. McQuaid Distinguished Service Professor of Finance at the University of Chicago Booth School of Business, where he has been teaching since 1999. He is a member of the board of the Fama-Miller Center for Research in Finance, and contributes to leading financial journals with authoritative research about investment management.

“Lubos is an accomplished, award-winning researcher and a leading scholar on indexing and asset management. He brings a unique multi-disciplinary perspective and deep industry expertise to our board as we continue to create value for our investor-owners,” said Vanguard Chairman and CEO Tim Buckley.  

More information on Vanguard’s Board of Directors can be found here.

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About Vanguard
Founded in 1975, Vanguard is one of the world's leading investment management companies. The firm offers investments, advice, and retirement services to tens of millions of individual investors around the globe - directly, through workplace plans, and through financial intermediaries. Vanguard operates under a unique, investor-owned structure where Vanguard fund shareholders own the funds, which in turn own Vanguard. As such, Vanguard adheres to a simple purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success. For more information, visit vanguard.com.