ERDENHEIM, Pa., Sept. 15, 2016 /PRNewswire/ -- John Bogle, founder and former CEO of the Vanguard Group, will receive the 2016 Pennsylvania Society Gold Medal for Distinguished Achievement. Bogle will be presented the award at the Waldorf Astoria New York on Saturday, December 10, 2016 at the Society's annual Holiday Dinner.
"John Bogle exemplifies the integrity and spirit that the Gold Medal award stands for," said Roger Richards, President of The Pennsylvania Society. "He is a visionary and a pioneer in his field who has always found time to give back to the community through mentorship and philanthropy. We are honored to present him with this year's award."
The Society's December dinner is an annual gathering of business and public figures as well as Society members from around the world. The Gold Medal for Distinguished Achievement was founded in 1908 in commemoration of the tenth anniversary of the Society. Every year, it is awarded to a prominent person in recognition of leadership, citizenship and contributions to the arts, science, education and industry.
Tickets for the dinner party may be purchased by calling the Society office at 215-233-2650 or via the PA Society website at http://www.pasociety.com/.
John Bogle is Founder of The Vanguard Group, Inc., and President of the Bogle Financial Markets Research Center. He created Vanguard in 1974 and served as Chairman and Chief Executive Officer until 1996 and Senior Chairman until 2000. He graduated from Princeton University with a degree in Economics, Magna Cum Laude, in 1951.
Vanguard is the largest mutual fund organization in the world, comprising approximately 170 mutual funds. Vanguard 500 Index Fund, the largest fund in the group, was founded by Mr. Bogle in 1975. It was the first index mutual fund in the world.
About The Pennsylvania Society
Founded in 1899, The Pennsylvania Society is a non-profit, non-partisan patriotic and charitable organization with more than 2,000 members from The Commonwealth and throughout the United States and the world. Founded to encourage the ideals of William Penn, its purpose is to honor achievement, reward excellence, promote scholarship, good will and understanding, and unite all Pennsylvanians in bonds of fellowship and friendship. For additional information about The Pennsylvania Society, please visit www.pasociety.com.
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SOURCE The Pennsylvania Society