SAN FRANCISCO, Nov. 15 -- The Boeing Company Board of Directors on Friday announced that it has elected Tim Buckley as its newest member, effective Jan. 1, 2025.

Buckley will serve on the Finance and Governance & Public Policy committees, Boeing said.

Buckley, 55, previously served as chair and CEO of The Vanguard Group, where he successfully led one of the largest investment management firms in the world, with nearly 10 trillion U.S. dollars in assets under management, according to Boeing.

During Buckley's tenure as CEO, Vanguard's assets under management grew 80 percent, driven by the firm's focus on offering products and developing digital services that improve clients' long-term success.

Prior to serving as Vanguard's CEO, Buckley held multiple roles of increasing responsibility throughout his 33-year career at the firm, including as chief investment officer and chief information officer.

"Tim's familiarity with the broad investor community, expertise managing complex business operations and ability to positively lead through change will bring additional important perspective to our Board," said Boeing Board Chair Steve Mollenkopf.

  - Xinhua