What Management Changes Mean for Dodge & Cox Funds
Two senior leaders plan to retire in the next 18 months.
As it often does each January, Dodge & Cox recently announced plans for investment-team changes over the next 12-18 months. This year's announcement included key upcoming retirements and minor changes to its deep, experienced investment committees. The moves are consistent with the firm's careful succession planning and build upon groundwork laid in the past two years. As such, the transitions should be smooth, so the Dodge & Cox funds retain their People and Parent Pillar ratings and their respective Morningstar Analyst Ratings.
Two senior leaders plan to retire in the next 18 months. CIO and chairman Charles Pohl, who joined Dodge & Cox in 1984, will leave in June 2022. He will gradually step away from his duties, coming off the international- and global-equity investment committees in May 2021 and handing his chairmanships (of the firm and fund board) to CEO and president Dana Emery in spring 2022. Pohl will remain on the U.S. equity committee until his departure. Bryan Cameron, the firm's director of research and a member of the U.S. and international-equity investment committees, will bring his 38-year tenure at Dodge & Cox to a close at the end of 2021.
Tony Thomas has a position in the following securities mentioned above: DODFX, DODBX. Find out about Morningstar’s editorial policies.