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John C. Bogle is founder of The Vanguard Group, Inc., and president of the Bogle Financial Markets Research Center. He created Vanguard in 1974 and served as chairman and CEO until 1996 and senior chairman until 2000. He graduated from Princeton University, Magna Cum Laude in Economics. He is also a graduate of Blair Academy.
The Vanguard Group is one of the two largest mutual fund organizations in the world. Headquartered in Malvern, Pennsylvania, Vanguard comprises more than 100 mutual funds with assets totaling about $742 billion. In 1975, Mr. Bogle founded Vanguard 500 Index Fund. It was the first index mutual fund and the largest fund in the group.
In 2004, TIME magazine named John Bogle as one of the world's 100 most powerful and influential people and Institutional Investor presented him with its Lifetime Achievement Award. In 1997, he was named "one of the Financial Leaders of the 20th Century" in Leadership in Financial Services(Macmillan Press Ltd., 1997), and in 1996, he was named "Fund Leader of the Year" by Fund Action magazine. In 1999, Fortune magazine named him "one of the investment industry's four Giants of the 20th Century," and earlier that year he received the Woodrow Wilson Award from Princeton University for "distinguished achievement in the Nation's service." In 1993, he received the lifetime Award of Distinction from the Financial Analysts of Philadelphia; in 1998, he was presented the Award for Professional Excellence from the Association for Investment Management and Research; and in 1999, he was inducted into the Hall of Fame of the Fixed Income Analysts Society, Inc.
Mr. Bogle is the author of Bogle on Mutual Funds: New Perspectives for the Intelligent Investor, a best-selling investment book. His book, Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor, is also a best-seller and his third book, John Bogle on Investing: The First 50 Years (McGraw-Hill, 2000), has also met with critical acclaim. His fourth book, Character Counts: The Creation and Building of The Vanguard Group (McGraw-Hill), was published in April 2002.
John Bogle served as chairman of the Board of Governors of the Investment Company Institute in 1969-1970, and as a member of the Board in 1969-1974. In 1997, he was appointed by the U.S. Securities and Exchange Commission Chairman, Arthur Levitt to serve on the Independence Standards Board. In 2000, he was named by the Commonwealth's Chamber of Commerce as Pennsylvania's "Business Leader of the Year."
John Bogle has served as Chairman of the Board of the National Constitution
Center since September 1999, and is a director of Instinet Corporation, a member
of The Conference Board's Commission on Public Trust and Private Enterprise,
and a member of the American Philosophical Society. A Trustee of Blair Academy,
he served as Chairman from 1986-2001. He also serves on the Investment
Committee of the Phi Beta Kappa Society. He has received honorary doctorate
degrees from the University of Delaware, University of Rochester, New School
University, Susquehanna University, Eastern University, Widener University,
Albright College, Pennsylvania State University, and Drexel University.
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