Mr. Bruce Herring was appointed to the Commission in 2021. He was elected Chair of the Commission in 2025. Mr. Herring currently serves on the Board of Trustees for the Financial Accounting Foundation; an independent, private-sector, not-for-profit organization responsible for the oversight, administration, financing, and appointment of the Financial Accounting Standards Board and the Government Accounting Standards Board.
Mr. Herring previously worked at Fidelity Investments, with a successful career that spanned more than three decades. Mr. Herring retired as President of Strategic Advisers for Fidelity in 2018. As President of Strategic Advisers, Mr. Herring oversaw a team of 300 professionals focused on retail and workplace managed account solutions, wealth planning and personal trust offerings, and guidance and planning methodologies.
Previously, Mr. Herring served as Chief Investment Officer for the Global Asset Allocation division that managed Fidelity’s multi-asset class fund and managed account offerings. Before serving as CIO, he was Group Chief Investment Officer of Fidelity’s Equity division where he managed international and domestic funds and portfolio management teams. He also oversaw investment offices in London and Hong Kong.
Earlier in his career with Fidelity, Mr. Herring was a portfolio manager running sector-based, regional non-U.S., and U.S. equity portfolios for fifteen years. He also directed research in Tokyo and the U.S.
Mr. Herring has served for thirteen years as a Trustee for his alma mater, Babson College. In that role, he chaired Babson’s Affordability Task Force, its Investment Committee, and its Presidential Search Committee.
Mr. Herring also currently serves as the Vice Chair of the Babson College Board, as a member of Babson’s Executive Committee, and as Chair of its Investment Committee.
For the past ten years, Mr. Herring has also been the Board Chair for RAW Art Works, a nonprofit that supports underserved youth on Boston’s north shore. He also is a member of the Olin College board of trustees and chairs their Investment Committee.
Mr. Herring graduated from Babson College with a B.S. in Finance and Investment in 1987. He is also a CFA charter holder.