Many people spend the final days of each December reminiscing about the year gone by. At this time, it’s not uncommon for individuals to draw “lessons learned” from both the good and bad moments, and to make resolutions for the … Read more
George U. “Gus” Sauter is a senior consultant to Vanguard. From 2003 through 2012, Mr. Sauter served as Vanguard’s chief investment officer. In that role, he was responsible for the oversight of approximately $1.7 trillion managed globally by Vanguard Fixed Income and Equity Investment Groups. The funds managed by these two investment groups include active and passive stock funds, bond funds, money market funds, and stable value funds. Mr. Sauter has served as a member of the advisory board of the Journal of Investment Management Conference Series, the Journal of Indexes editorial board, and the Investor Advisory Group of the Public Company Accounting Oversight Board. Mr. Sauter currently participates on the Council on the University of Chicago Booth School of Business and the online Experts forum hosted by The Wall Street Journal. He is a past member of the equity markets committee of the Investment Company Institute, the Institutional Traders Advisory Committee of the New York Stock Exchange, and the Nasdaq Quality of Markets Committee. He also has served on the trading committee of the Securities Industry Association, currently known as Securities Industry and Financial Markets Association (SIFMA), and the AIMR (currently CFA Institute) Best Execution Task Force. Mr. Sauter has worked with the Securities and Exchange Commission (SEC) on equity market structure issues. He has participated on numerous SEC panels and has testified at hearings of the House Financial Services Committee. Mr. Sauter joined Vanguard in 1987. Previously, he was a trust investment officer with First Bancorp of Ohio (formerly The First National Bank of Ohio). He earned an A.B. in economics from Dartmouth College and an M.B.A. in finance from the University of Chicago.