Zach Buchwald leaves BlackRock, joins Russell Investments as CEO

Zach Buchwald has left BlackRock to take up the position of CEO and chairman of the board of directors at Russell Investments, a global investment solutions firm providing a wide range of investment capabilities to institutional investors.

Based in the firm’s global headquarters in Seattle, Buchwald will step into the leadership role on May 1 as Russell Investments’ eighth CEO in 87 years. He succeeds Michelle Seitz, who departed the firm in late 2022 after serving for five years.

“We believe Zach is the ideal leader to further Russell Investments' legacy of innovation in asset management,” said Todd Crockett, a managing director at TA, which, along with Reverence Capital Partners, acquired Russell Investments in 2016. “We are excited to welcome Zach and fully expect his leadership, along with president and CIO Kate El-Hillow and others on the leadership team, will help propel the firm thr