(Reuters) -Boeing board has elected former Vanguard Group CEO Tim Buckley as its newest member, effective Jan. 1, the U.S. planemaker said on Friday.

Buckley, 55, will be Boeing’s tenth director since 2019, the company said, adding that he will serve on the board’s Finance and Governance & Public Policy committees.

Prior to becoming Vanguard’s CEO, Buckley held multiple roles during his over three-decade career at the top U.S. asset manager, including chief investment officer and chief information officer.

He will become the 12th member of Boeing’s board, the company said.

(Reporting by Abhijith Ganapavaram in Bengaluru; editing by Alan Barona)

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