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Alternative Assets  + Financial Advisory  + Wealth Management  | 
Zach Buchwald Named Russell Investments’ Eighth CEO in 87 Years

Zach Buchwald Named Russell Investments’ Eighth CEO in 87 Years

Former head of BlackRock’s North American institutional business, Zach Buchwald, has been appointed as chief executive and chairman to lead Russell Investments, effective May 1, 2023.

Buchwald takes up the mantle from Michelle Seitz, who left the $276.5 billion firm late last year to launch her own investment firm – MeydenVest Partners. Buchwald will be tasked with overseeing the firm’s growth plans.

“We believe Zach is the ideal leader to further Russell Investments’ legacy of innovation in asset management,” noted Todd R. Crockett, managing director at TA Associates, which acquired Russell Investments with Reverence Capital Partners in 2016.

Buchwald spent nearly 15 years at Blackrock and, prior to being head of institutional business, he led the asset manager’s financial institutions group, having also helped to establish its retirement solutions and financial markets advisory platforms.

Before joining Blackrock in 2008, he served as a managing director at Morgan Stanley, working largely within the firm’s fixed income division.

Buchwald will be based at the global headquarters in Seattle.

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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