Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Booth Anoints a Second Successor Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, February 22, 2017

Booth Anoints a Second Successor

Reported by Neil Anderson, Managing Editor

David Booth has found his second successor in a 22-year Dimensional Fund Advisors [profile] veteran.

Dave Butler
Dimensional Fund Advisors
Director, Co-CEO, and Head of Global Financial Advisor Services
Today Booth confirms that he is passing the co-CEO reins to Dave Butler, who will also continue to lead global financial advisor services for the firm. Eduardo Repetto will continue to serve as the Austin, Texas-based mutual fund shop's other co-CEO. And DFA founder Booth will stay on as executive chairman and "will remain closely involved in the firm on strategic initiatives."

Butler is an alumnus of UC Berkeley, where he played basketbell, and he was drafted by the NBA's Boston Celtics. He joined DFA in 1995 after working for Merrill Lynch.

Booth praises Butler as "a vital member of [DFA's] team for the past 22 years."

"We ... are confident that the Co-CEO model, which has worked well for our clients and the management of our firm over the past seven years, remains the best structure going forward," Booth states. "I know from my close interactions with both Dave and Eduardo that they have a very clear understanding of the vision for the company."

David Booth
Dimensional Fund Advisors
Founder and Executive Chairman
Repetto lauds Butler's "leadership, organizational abilities, and strong commitment to clients."

"Dave and I have worked closely together for the past 17 years," Repetto states. "I look forward to continuing the collaboration. We understand and appreciate the enormous responsibility entrusted in us by our clients, we will continue to always aim for the highest standards across all aspects of our investment process and client service. The set of ideas that form the basis of our investment solutions combined with our careful attention to expert implementation and dedication to clients, remain our focus, as does our overarching objective of helping investors achieve their goals."

"I'm honored and humbled ... I recognize the importance of our history, culture, and role as stewards of investor assets," Butler states. "During my tenure with the firm, we've grown from less than $10B to $460B. In that time, I've gained appreciation for the important pillars of the firm."

"Dimensional embodies a focus on the client, while always pursuing the best answer, implementing well, and carefully managing client expectations," Butler adds. "I fully intend to carry that vision and culture forward. I believe Dimensional is unique in its investment philosophy and how that translates to the client experience, and I'm excited to play a continued role in advancing that experience for investors around the world." 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2021: Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. MFDF Director Discussion Series - Open Forum via Zoom (Midwest), March 10
  2. FinReg Outlook 2021, March 10
  3. Irish Funds North American Digital Seminar, March 11
  4. MFDF webinar - Municipal and Taxable Fixed Income — A Multi-Speed Recovery, March 12
  5. 2021 Virtual Mutual Funds and Investment Management Conference, Mar 15-19
  6. Women for Impact - A Call to Action, March 16
  7. SEC & DOL Standard of Conduct Rulemakings — Present & Future Considerations, March 23
  8. Expect Miracles Foundation's Virtual Mystery Game Night, March 24
  9. MFDF Director Discussion Series - Open Forum via Zoom, March 24
  10. ETFGI Global ETFs Insights Summit - ESG & Active ETF Trends, Mar 24-25
  11. MFDF webinar - Asset Management M&A for Fund Directors — Recent Trends and Governance Issues, March 31
  12. MFDF Director Discussion Series - Open Forum via Zoom, April 7
  13. MFDF In Focus: Board Oversight of Sub-advisers, April 15
  14. ETF.com Awards 2020, April 20
  15. The 31st Sub-Advised Funds Forum, Apr 20-21
  16. MFDF Director Discussion Series - Open Forum via Zoom (Northeast), April 21
  17. FIASI virtual event - ESG in Fixed Income: Shining a Light on Transparency, Apr 22-23
  18. 44th Annual AIMSE Marketing & Sales Conference, May 2-4
  19. MFDF Director Discussion Series - Open Forum via Zoom (Southeast), May 5
  20. ICI 2021 General Membership Meeting - Day 1, May 6
  21. ICI 2021 General Membership Meeting - Day 2, May 13
  22. 2021 FINRA Annual Conference, May 18-20
  23. MFDF Director Discussion Series - Open Forum via Zoom, May 19
  24. 2nd annual ETFGI Global ETFs Insights Summit - USA, May 19-20
  25. Irish Funds Online Annual Global Funds Conference 2021, May 19-20
  26. MFDF webinar - Fund Director Compensation: MPI Annual Survey (2021), May 20




©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use