Rich Powers is the head of ETF and Index Product Management in Vanguard Portfolio Review Department. He joined Vanguard in 1999 and joined Portfolio Review in 2003.
For the majority of his tenure in Portfolio Review, Mr. Powers was a senior member of the Oversight and Manager Search team, which is responsible for identifying subadvisory partners for Vanguardâ€™s active fund lineup and monitoring the firm, people, process, portfolio, and performance of all existing Vanguard funds on behalf of the firmâ€™s senior leadership team and board of directors.
In 2015, Mr. Powers became the head of ETF Product Management. His team was responsible for conducting surveillance of competitor products and positioning, meeting with clients and prospects to discuss Vanguard’s ETF lineup, publishing on noteworthy developments in the ETF marketplace and Vanguard lineup, and supporting ETF education initiatives. In 2020, Rich assumed his current role, expanding his responsibilities beyond ETFs to also include all of Vanguardâ€™s equity and fixed income index funds.
Mr. Powers earned a B.S.B.A. in finance from Shippensburg University and an M.B.A. in investment management from Drexel University.