From Morningstar: 2025-04-25 05:07:00

After six months, Vanguard’s new CEO, Salim Ramji, is staying the course and focusing on the importance of Vanguard’s mission. The company recently announced a reorganization to highlight their commitment to financial advice and wealth management, signaling a shift in strategy. Despite concerns about an external hire, Vanguard’s leadership structure remains strong, with experienced executives supporting Ramji in leading the company forward.

Ramji’s role as CEO is complemented by Greg Davis as president and Mark Loughridge as chairman of the board, ensuring a collaborative leadership approach. Vanguard’s success and investor-friendly ethos make it unlikely for major changes in the future, as the company continues to prioritize customer trust and interests. With a solid leadership team in place and a winning position in the market, Vanguard looks set to maintain its strong performance and reputation. 1. A new study shows that COVID-19 vaccines are highly effective in preventing hospitalization and death. Data from millions of vaccinated individuals in the US reveals a 94% reduction in hospitalizations and a 96% decrease in deaths among those who are fully vaccinated.

2. The stock market experienced a significant drop today, with the Dow Jones Industrial Average falling by over 500 points. This decline was attributed to concerns over rising inflation and potential interest rate hikes by the Federal Reserve.

3. In a groundbreaking discovery, scientists have identified a new species of dinosaur in Argentina. The fossil remains of the dinosaur, named Llukalkan aliocranianus, suggest that it was a fearsome predator with sharp teeth and a large skull.

4. The United Nations has reported a record number of civilian casualties in Afghanistan, with over 1,700 people killed or injured in the first three months of 2021. This marks a 29% increase in civilian casualties compared to the same period last year.



Read more at Morningstar: Vanguard’s New CEO: The Story Everyone Is Missing