Which founder and retired chief executive of The Vanguard Group was hired by Walter L. Morgan in 1951 and became his heir at his company?
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Walter L. Morgan Walter L. Morgan (July 23, 1898 – September 2, 1998) was the founder of the Wellington Fund, the first balanced mutual fund in the United States and one of the oldest surviving mutual funds. Morgan was born in Wilkes-Barre, Pennsylvania where he prepared at the Hillman Academy. He graduated from Princeton University in 1920, and shortly thereafter became the youngest CPA in Pennsylvania. In the 1920s Morgan raised $100,000 from relatives and business people to create what he believed to be a stable investment portfolio. The Industrial and Power Securities Company was established in 1928. It was later renamed the Wellington Fund in honor of the Duke of Wellington. Wellington Management Company was incorporated in Philadelphia in 1933. In 1951 Morgan hired John C. Bogle who became his heir at the company.
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John C. Bogle John Clifton "Jack" Bogle (born May 8, 1929) is an American investor, business magnate, and philanthropist. He is the founder and retired chief executive of The Vanguard Group.
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Michael Novogratz Michael Edward "Mike" Novogratz (sometimes Novo, born November 26, 1964) is an ex-hedge fund manager, formerly of the investment firm Fortress Investment Group. He was ranked a billionaire by "Forbes" in 2007 and 2008.
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Howard-Sloan Professional Search Howard-Sloan Professional Search is a New York-based executive search firm established in 1957. It is divided into Howard-Sloan Legal Search, Howard-Sloan Financial Search, and Howard-Sloan Professional Search. In January 2011, "Crain's New York Business" recognized Howard-Sloan Professional Search as one of the New York Area's top 15 largest executive recruiting firms. Founder and Chairman Emeritus, Stephen H. Berger, was a founding member of the National Association of Legal Search Consultants (NALSC), of which Howard-Sloan Legal Search is a member.
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Jack Welch John Francis "Jack" Welch Jr. (born November 19, 1935) is an American retired business executive, author, and chemical engineer. He was chairman and CEO of General Electric between 1981 and 2001. During his tenure at GE, the company's value rose 4,000%. In 2006, Welch's net worth was estimated at $720 million. When he retired from GE he received a severance payment of $417 million, the largest such payment in history.
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William L. McKnight William L. McKnight (November 11, 1887 – March 4, 1978) was an American businessman and philanthropist who served his entire career in the 3M corporation, rising to chairman of the board from 1949 to 1966. He founded the McKnight Foundation in 1953.
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R. R. M. Carpenter Robert Ruliph Morgan Carpenter I (July 30, 1877 – June 11, 1949) was an American executive and member of the board of directors of DuPont.
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Thomas B. Walker, Jr. Thomas B. Walker, Jr., also known as Tommy Walker, (December 23, 1923 - October 11, 2016) was an American investment banker, corporate director and philanthropist. A veteran of World War II, he started his career in investment banking in Tennessee and soon moved to Dallas, Texas. He became the main driving force behind the Dallas office of Goldman Sachs, where he "not only established Goldman Sachs' presence in the Southwest" but also "led the initial public offerings for many of the most important companies in Texas."
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Henry Sturgis Morgan Jr. Henry Sturgis Morgan Jr. (August 10, 1924 – May 6, 2011) was a United States Navy Rear Admiral and maritime lawyer. His father, Henry Sturgis Morgan Sr., was the co-founder of Morgan Stanley and his great-grandfather was J. P. Morgan, founder of J.P. Morgan & Co.
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Morgan E. O'Brien Morgan Edward O'Brien (born 1944), chairman of Cyren Call Communications, is a pioneer in U.S. wireless telecommunications who helped shape the wireless industry throughout his career.
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Christopher Galvin Christopher B. Galvin (born March 21, 1950) is an American businessman. He served as the Chairman and Chief Executive Officer of Motorola from 1997 to 2003.
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Raymond A. Mason Raymond A. "Chip" Mason is the founder, and was the Chairman and CEO of Baltimore-based investment firm Legg Mason until 2007.
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Vanguard (journal) Vanguard: A Libertarian Communist Journal was a monthly anarchist political and theoretical journal, based in New York City, published between April 1932 and July 1939, and edited by Samuel Weiner, among others.
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John W. Tyson John W. Tyson (1905-1967) was an American businessman, the founder of American multinational corporation Tyson Foods and, from 1935 until his death in 1967, its Chief Executive Officer.
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Dean Buntrock Dean L. Buntrock (born 1931) is the founder and former chairman and CEO of Waste Management, Inc.
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Oakleigh Thorne W.O.S. Thorne, more generally known as Oakleigh Thorne (July 31, 1866 − May 23, 1948), was an American businessperson, a publisher of tax guides, a banker, and a philanthropist. Among his early ventures were the consolidation of brickyards on the Hudson River, and later he was president of the National Switch and Signal Company and Westinghouse Electric's vice president. In 1900 he came to New York City as vice president of the International Banking and Trust Company, becoming president. That company became the Trust Company of America, of which Thorne was serving as president. He helped the company survive a bank run during the Panic of 1907, securing the backing of J. Pierpont Morgan and European sources. He served as a director of Wells Fargo & Company from 1902 to 1918. In addition to his connection with Commerce Clearing House, Wells Fargo, and the Trust Company of America, Thorne was a director of the Corporation Trust Company and of the Bank of Millbrook. After purchasing Briarcliff Farms in 1918, he became a breeder of champion Angus cattle. He was inducted into the Angus Heritage Foundation Hall of Fame in 1934.
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Vanguard International Semiconductor Corporation Vanguard International Semiconductor Corporation (VIS) is a specialized IC foundry service provider. It is founded in December 1994 in Hsinchu Science Park, Taiwan, by Morris Chang. In March 1998, VIS became a listed company on the Taiwan Over-The-Counter Stock Exchange (OTC) with the main shareholder being TSMC, National Development Fund and other institutional investors.
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Vanguard Airlines Vanguard Airlines was an airline based in Kansas City, Missouri. For a time, Vanguard also had significant operations at Chicago Midway International Airport in Chicago, Illinois, until late 2000. It ceased operations on July 29, 2002, after filing for bankruptcy. The airline flew leased Boeing 727-200, 737-200, 737-300 as well as McDonnell Douglas MD-80 and MD-87 jetliners to a number of destinations from its main hub in Kansas City at the time of its demise. Vanguard Airlines started service in 1994.
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Bernard Saul II Bernard Francis Saul II (born 1931/32) is an American billionaire heir and businessman. He is the chairman and chief executive officer (CEO) of Saul Centers, private real estate firm based in Bethesda, Maryland, since 1993.
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Bob Iger Robert Allen Iger ( ; born February 10, 1951) is an American businessman who is chairman and chief executive officer (CEO) of The Walt Disney Company. Before Disney, Iger served as the president of ABC Television from 1994 to 1995 and the president and chief operating officer (COO) of Capital Cities/ABC, Inc. from 1995 until Disney's acquisition of the company in 1996. He was named president and COO of Disney in 2000, and later succeeded Michael Eisner as CEO in 2005, after a successful effort by Roy E. Disney to shake up the management of the company. As part of his yearly compensation, Iger earned $44.9 million in 2015.
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Frank H. Wheaton Sr. Frank Hayes Wheaton Sr. (March 16, 1881 – April 1983) was president of Wheaton Industries from 1926 to 1966 and chairman of the board from 1931 until his death. He is one of a handful of centenarians to chair corporate boards, and was the subject of a front page article in "The Wall Street Journal" shortly before his 100th birthday; it was titled, "At 99, the Chairman Still Doesn't Hanker for a Life of Retirement".
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Franklin W. Olin Franklin Walter Olin (January 9, 1860 – May 21, 1951) was the founder of the Olin Corporation.