Vanguard's CEO Choice Raises Questions on Firm's Future Path

Analysis May 15, 2024 at 02:01 PM
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What You Need To Know

  • Salim Ramji, who led Blackrock's iShares, will be the first outsider to take the helm at Vanguard.
  • He will need to contend with customer service woes and backlash over recent fee increases.
  • Some observers wondered if Ramji, who spearheaded BlackRock's bitcoin ETF filing, will change Vanguard's anti-crypto stance.
Salim Ramji