Vanguard says fund board trustees easily elected

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 7/6/2026

1. KRG
2. SPY
3. SKA-B
4. ALAR
5. PRYMY
6. FFAI
7. EXC
8. BAF:IN

February 26, 2025 10:46 AM EST

FILE PHOTO: The logo for Vanguard is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 1, 2022. REUTERS/Brendan McDermid/File Photo

(Reuters) - Top mutual fund manager Vanguard said on Wednesday that its 13 fund trustee nominees were easily elected at a shareholder meeting.

The group, including Vanguard CEO Salim Ramji and three other new trustees, oversees each of its U.S.-domiciled funds. The Pennsylvania-based company did not release details about vote turnout, but said the results included "an overwhelming majority of the voted shares favoring each nominee as trustee."

Mutual funds stage shareholder meetings only infrequently, in contrast to public U.S. corporations. Vanguard had faced opposition to the nominees from a group of Republican U.S. state treasurers who said the group lacked ideological balance.

(Reporting by Ross Kerber, Editing by Nick Zieminski)


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Reuters

Related Entities

Vanguard