T. Rowe chair­man to re­tire in March af­ter nearly 35 years

Baltimore Sun - - DEADLY BUS CRASH - By Sarah Gantz sarah.gantz@balt­sun.com twit­ter.com/sarah­gantz


Brian Rogers, the chair­man and chief in­vest­ment of­fi­cer of T. Rowe Price Group, will re­tire in March af­ter nearly 35 years with the firm.

Rogers, 61, will con­tinue to serve on the board of di­rec­tors as a non-ex­ec­u­tive chair.

“Brian has brought an un­com­mon mea­sure of com­mon sense to our in­vest­ment process and has made re­mark­able con­tri­bu­tions as an in­vestor, se­nior ex­ec­u­tive, and board mem­ber,” Wil­liam J. Stromberg, pres­i­dent and CEO of the Bal­ti­more-based money man­age­ment firm, said in a state­ment.

T. Rowe named six se­nior in­vest­ment lead­ers to suc­ceed Rogers as chief in­vest­ment of­fi­cers. The firm said the move is in line with its prac­tice of trust­ing in­di­vid­ual man­agers to shape in­vest­ment strat­egy. The six new chief in­vest­ment of­fi­cers will as­sume their new roles March 31, when Rogers steps down:

Rob Sharps, group CIO, with re­spon­si­bil­ity for co­or­di­nat­ing the ac­tiv­i­ties of the team.

Henry El­len­bo­gen, CIO of U.S. eq­uity growth.

David Giroux, CIO of U.S. eq­uity multi-dis­ci­pline. John Line­han, CIO of U.S. eq­uity value. Justin Thom­son, CIO of in­ter­na­tional eq­uity. Mark Vaselkiv, CIO of fixed in­come. Rogers joined T. Rowe in 1982. He was named to the board in 1997 and has served as its chair since 2007.

T. Rowe shares closed Tues­day at $63.82 each, down19 cents.

To see who is be­ing pro­moted in the Bal­ti­more area or to sub­mit an an­nounce­ment, visit

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