February 14, 2023
Russell Investments hired Zach Buchwald to serve as chief executive officer and chairman of the firm’s board of directors. Based in the firm’s global headquarters in Seattle, Buchwald will take the helm effective May 1 as Russell Investments’ eighth CEO in 87 years. He will succeed Michelle Seitz, who departed the firm late last year. Buchwald joins Russell Investments from BlackRock, where as the head of its institutional business in North America he was responsible for delivering BlackRock’s investment capabilities to the firm’s institutional clients. Prior to this role, he led BlackRock’s Financial Institutions Group, and earlier he helped establish its Retirement Solutions and Financial Markets Advisory platforms. At BlackRock, he also served on the firm’s Global Operating Committee, the US/Canada Executive Committee, and as sponsor of its LGBT employee network. Russell Investments provides investment capabilities to institutional investors, financial intermediaries, and individuals around the world. Russell Investments has offices in 17 cities around the world, including in New York, London, Toronto, Tokyo and Shanghai.