The Board of Directors of The Boeing Company has announced the election of Tim Buckley as its newest member, effective January 1, 2025. Buckley will participate in the Finance and Governance & Public Policy committees.
At 55 years of age, Buckley previously held the positions of Chair and CEO at The Vanguard Group, where he adeptly managed one of the largest investment management firms globally, overseeing nearly $10 trillion in assets.
“Tim is a distinguished and trusted leader who will represent the interests of investors and has a proven record of business achievement,” stated Boeing Board Chair Steve Mollenkopf. “His deep understanding of the investor landscape, expertise in managing intricate business operations, and capacity to lead effectively through transitions will provide valuable insights to our Board.”
During Buckley’s leadership as CEO, Vanguard experienced an 80 percent increase in assets under management, a growth attributed to the company’s commitment to providing innovative products and enhancing digital services aimed at fostering clients’ long-term success. Before assuming the role of CEO, Buckley advanced through various positions of greater responsibility over his 33-year tenure at Vanguard, including serving as Chief Investment Officer and Chief Information Officer.
As the 12th member of the board, Buckley will be the tenth new director appointed since 2019, reflecting the board’s ongoing efforts to refresh its composition. The newly appointed directors collectively possess extensive expertise in areas such as aerospace, safety, engineering, manufacturing, cybersecurity, artificial intelligence, software, risk management, auditing, supply chain management, sustainability, and finance.