Vanguard's Chairman Says Every CEO of a Public Company Should Be Able to Answer 7 Questions
By Richard Feloni
Mar 28, 2018 10:30 AM ET
Campaign:
CECP's CEO Investor Forum
![Bill McNabb, Chairman of Vanguard, presents at CECP's CEO Investor Forum 3.0 on 02/26/18.](/sites/default/files/styles/carousel_2x/public/images/0225_1784.jpg)
Originally published on Business Insider
- Vanguard chairman Bill McNabb believes that American public companies have been chasing short-term gains at the expense of long-term value for too long.
- McNabb is the co-chair of the CECP's Strategic Investor Initiative, dedicated to fostering a dialogue between CEOs and investors.
- He's the lead author of a letter that proposes seven questions CEOs should be able to answer in meetings with investors, to alleviate toxic short-termism.
- This post is part of Business Insider's ongoing series on Better Capitalism.