/PRNewswire/ NEWS T. Rowe Price was named Refinitiv Lipper s 2022 Best Overall Large U.S. Fund Management Group over 3 years on March 10, 2022. The award.
T. Rowe Price was edged out by Fidelity for most individual fund Lipper Awards this year, but T. Rowe’s overall performance won it the large-company trophy.
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T Rowe Price CEO Stromberg to step down, CIO named as replacement
Former fund manager Rob Sharps will take the reins at the Baltimore-based asset manager from December 31. 30 July, 2021 at 05:00
T Rowe Price CEO Bill Stromberg is to step down from the role at the end of the year and will be replaced by current CIO Rob Sharps.
Stromberg (pictured below) has been with the Baltimore-based asset manager for 35 years and will remain on its board as non-executive chair after he retires from the CEO role on 31 December.
Sharps, a 24-year veteran of the firm, is currently head of investments and group CIO. Prior to these positions, he was co-head of global equities and a portfolio manager on T Rowe’s US Large-Cap Growth Equity strategy, having first joined the asset manager as an equity analyst.