One of Austin’s richest men leaves CEO role at investment firm he founded

David Booth, a pioneer of international finance, is stepping down as CEO of the firm he helped launch more than 35 years ago, Dimensional Fund Advisors LP.
The move fulfills long-held secession plans for Booth, one of Austin’s richest residents, who retains the executive board chairman role and "will remain closely involved in the firm on strategic initiatives," according to a Feb. 22 announcement.
Replacing Booth as co-CEO is Dave Butler. He will share the title with Eduardo Repetto, who has been…

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