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Dodge & Cox Announces New CEO and Longer-Term Succession Plan

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Venerable fund family Dodge & Cox recently announced the appointment of Kenneth E. Olivier as chief executive officer, effective March 31. Olivier, a 31-year veteran of the firm, will retain the title of president and will remain on the fund family's investment policy committee.

Olivier follows in the footsteps of John A. Gunn, who has served as chairman and CEO since 2007. Gunn will keep the title of chairman and also remain involved with the investment policy committees of the firm's five funds.

Courtney Goethals Dobrow does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.