(Reuters) -Boeing ( BA ) 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 ( BA ) 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 ( BA ) board, the company said.