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.
T Rowe Price Group Announces CEO Succession Plan And Key Leadership Transitions
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
| Pensions & Investments | T Rowe Price names new CEO as Stromberg looks to retire
pionline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pionline.com Daily Mail and Mail on Sunday newspapers.
T Rowe Price CEO Stromberg to retire after 35 years at Baltimore firm
baltimoresun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from baltimoresun.com Daily Mail and Mail on Sunday newspapers.