A host of small changes to Dodge & Cox's investment committees don't affect its funds' Morningstar Analyst Ratings. The moves, announced on Jan. 15, 2020, are in step with the firm's plans for gradual succession, with most of this year's changes involving senior members reducing their roles. Dodge & Cox likely faces a generational leadership change in the next few years, as CEO/president Dana Emery is in her late 50s, chairman/CIO Charles Pohl is in his early 60s, and the firm's employees typically retire around 65. The changes are as follows:
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