Chris D. McIsaac was named head of Vanguard Group's international business as part of a series of leadership changes made at the Malvern, Pa.-based money manager.
Mr. McIsaac, who is a managing director and head of Vanguard's planning and development division, will replace James M. Norris, who retires at the end of the year, the firm announced in a Thursday press release.
Mr. Norris, a managing director, has been at Vanguard for 33 years and worked with Mr. McIsaac over the past year on Vanguard's international business strategy, "including sharpening the firm's focus on individual investors and the intermediaries who serve them, and developing Vanguard's global suite of mutual funds, ETFs, and advisory services," the release said.
In December, Mr. McIsaac will relocate to London for the position.
As part of the succession planning, Karin A. Risi, managing director and head of Vanguard's U.S. retail investor group, will assume responsibility for Vanguard planning and development. Matt Benchener, principal and head of retail client services and operations, will replace Ms. Risi, according to the release.
Mr. McIsaac, Ms. Risi, and Mr. Benchener will assume their new roles in December and report to Vanguard Chairman and CEO Mortimer "Tim" J. Buckley, the release said.
Vanguard managed $6.3 trillion in global assets, as of Oct. 31.