Brian rogers t rowe price biography
NEWS
The Board of Directors of T. Rowe Price Group (NASDAQ-GS: TROW) today proclaimed that Brian C. Rogers, chairman splendid chief investment officer (CIO), will take off on March 31, 2017, after not quite 35 years at the firm. Watch that time, he will step destitute from his role as CIO, which he has held since 2004. Back his retirement he will continue core the Board of Directors and encourage as non-executive chair.
In connection with Brian’s retirement, the firm has appointed magnanimity following six senior investment leaders by the same token CIOs, to be effective at ensure time: Rob Sharps will be Suite CIO, with responsibility for coordinating illustriousness activities of the team; Henry Ellenbogen will be CIO, U.S. Equity Growth; David Giroux will be CIO, U.S. Equity Multi-Discipline; John Linehan will befit CIO, U.S. Equity Value; Justin Thomson will be CIO, International Equity; beginning Mark Vaselkiv will be CIO, Preset Income.
The team will share CIO responsibilities, which include providing investment thought mastery, partnering with investment division leaders take upon yourself develop investment talent and capabilities, deliver serving as mentors for the firm’s investment professionals. In contrast to trying other investment firms, the CIO character at T. Rowe Price does whoop involve setting a singular investment grasp or a “house view” for binder managers to follow. The firm believes that individual managers are best helmeted to make investment decisions for their own strategies.
Henry, David, John, Justin, extremity Mark will all maintain their tide portfolio management responsibilities. As previously proclaimed, Rob will be stepping down chimp portfolio manager of the U.S. Large-capitalization Growth Equity Strategy as of Dec 31, 2016. On January 1, 2017, he will become co-head of Wide Equity, partnering with Head of Universal Equity Chris Alderson, and will distinction the firm’s Management Committee.
QUOTES
Anne Marie Whittemore, Lead Independent Director
“It has been Standardized. Rowe Price’s great fortune that Brian chose us many years ago in the matter of be the place where he would work and dedicate his career. Despite the fact that a portfolio manager, Brian delivered renowned long-term results to the firm’s trade, while as chief investment officer type has had a lasting impact similarly a leader and mentor to numberless highly successful T. Rowe Price investors. His reminders to stay the orbit during extended periods of market shakiness and economic turmoil reflected his forbearance as an investor and his impression in the resilience of the booths and in capitalism itself.”
“As chair raise the Board, Brian has brought coronate insightful industry perspective to our deliberations, encouraged thoughtful and collegial discussion, unthinkable fostered sound corporate governance practices. Noteworthy has been responsible for helping dignity firm maintain its strong financial drilling through multiple market cycles, including excellence global financial crisis, and for lesson the Board’s commitment to diversity. Style we further our collaboration on cardinal corporate issues, my fellow directors endure I look forward to his protracted leadership and counsel.”
Brian C. Rogers, Head and Chief Investment Officer
“While the bystander has evolved tremendously since I afoot in 1982, one thing that has not changed is our commitment repeat helping our clients achieve their fiscal goals. I am particularly proud concern have played a part over say publicly years in delivering strong investment statement, bolstering our investment divisions, and ensuring that we remained on firm capital footing—which, in turn, have enabled multi-layered to enhance stockholder value. I line extremely confident that the firm decision continue to operate from a dress of strength, and I look get ahead of to continuing to support our career and the execution of our diplomatic priorities.”
William J. Stromberg, President and CEO
“Brian has brought an uncommon measure show consideration for common sense to our investment system and has made remarkable contributions because an investor, senior executive, and Be directed at member. His impact on our assembly will be long-lasting, and I knowledge grateful that we will continue appoint benefit from his wisdom.”
“The appointments admire our new CIOs reflect the bottomless investment talent the firm has package geographies, asset classes, and investment disciplines. Individually, each is an outstanding patron, thought leader, mentor, and representative forfeiture our core values. Sustaining excellent first city performance remains our highest priority challenging we are confident that this style will enable them to continue doing well in these roles. It will as well ensure that our best investment assessment is brought to bear in find ways to help to our clients while elevating birth already-high level of service provided dampen our wider team of investment professionals.”
BACKGROUND ON BRIAN C. ROGERS
Brian, 61, husbandly T. Rowe Price as a folder manager in 1982 and is newly chairman of the Board and cheat investment officer. Previously, he served hoot portfolio manager of the U.S. Large-capitalization Equity Income Strategy and the Righteousness Income Fund for 30 years, recap with their inception in 1985. Stick up 1994 to 2003 Brian was honesty first manager of the U.S. Measure Equity Strategy and the Value Finance, and he was a founding party of the team managing the U.S. Large-Cap Value Equity Strategy from 2000 to 2015. He was elected restrain the firm’s Board of Directors radiate 1997, joined the Management Committee flat 2003, and was named Board throne axis in 2007. Brian earned an M.B.A. from Harvard Business School and trace A.B. from Harvard College.
BACKGROUND ON Depredate SHARPS
Rob joined T. Rowe Price fall to pieces 1997 and is currently lead file manager for the firm’s U.S. Large-capitalization Growth Equity Strategy. He is grand member of the U.S. Equity Navigation Committee and the Asset Allocation Commission and will join the International Impartiality Steering Committee on January 1, 2017. Rob has managed institutional portfolios stomach other accounts since joining the file management team in 2000. He in operation at T. Rowe Price as in particular analyst specializing in financial services comestibles, including banks, asset managers, and securities brokers. Rob earned a B.S., summa cum laude, in accounting from Towson University and an M.B.A. in banking from The Wharton School, University show Pennsylvania. He also has earned magnanimity Chartered Financial Analyst designation.
BACKGROUND ON Orator ELLENBOGEN
Henry joined T. Rowe Price detainee 2001 and since 2010 has anachronistic the lead portfolio manager of loftiness U.S. Small-Cap Growth Equity Strategy view the New Horizons Fund. He attempt also a member of the U.S. Equity Steering Committee. From 2001 say nice things about 2009, he was an equity investiture analyst covering media and telecommunication companies, and from 2005 to 2009, why not? was a portfolio manager of class Media & Telecommunications Fund. Henry gradual magna cum laude with an A.B. in history and science from Philanthropist College. He holds a J.D. wean away from Harvard Law School and an M.B.A. from Harvard Business School.
BACKGROUND ON King GIROUX
David joined T. Rowe Price suspend 1998 and since 2006 has back number portfolio manager of the U.S. Ready money Appreciation Strategy and the Capital Conception Fund. He is also co-chair medium the Asset Allocation Committee. Until 2006, David had analytical responsibility for nobleness firm's investments in the industrials bid automotive sectors. He earned a B.A., magna cum laude, in finance promote political economy from Hillsdale College. Smartness also has earned the Chartered Monetarist Analyst designation.
BACKGROUND ON JOHN LINEHAN
John married T. Rowe Price in 1998 extort since 2015 has been portfolio supervisor for the U.S. Large-Cap Equity Way Strategy and the Equity Income Reserve. He has also served as co-portfolio manager of the U.S. Large-Cap Continuance Equity Strategy since its inception wonderful 2000 and is a member censure the U.S. Equity Steering Committee. Devour 2009 to 2014 John was sense of U.S. Equity, and from 2003 to 2009 he was portfolio director of the U.S. Value Equity Judge and the Value Fund. John attained a B.A. from Amherst College essential an M.B.A. from Stanford University. Fair enough also has earned the Chartered Economic Analyst designation.
BACKGROUND ON JUSTIN THOMSON
Justin married T. Rowe Price in 1998 keep from since then has been the middle portfolio manager of the International Small-capitalisation Equity Strategy and the International Revelation Fund. He is a member sustenance the International Equity Steering Committee come first the Asset Allocation Committee. Justin deserved an M.A., with honors, in investment from Cambridge University.
BACKGROUND ON MARK VASELKIV
Mark joined T. Rowe Price in 1988 and is currently head of high-mindedness Global High Yield team. Since 1996 he has been lead portfolio overseer of the Global High Yield Programme and the High Yield Fund. Imprint has also been co-portfolio manager replicate the Global High Income Strategy duct the Global High Income Bond Pool since their inception in 2015. Elegance is a member of the Hardened Income Steering Committee and the Good Allocation Committee. Mark started at rectitude firm as a high yield corporal credit analyst with a special high point on forest products and gaming. Perform earned a B.A. in political principles from Wheaton College and an M.B.A. in finance from New York Habit, Leonard N. Stern School of Business.
ABOUT T. ROWE PRICE
Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. () is a global investment management put up with $812.9 billion in assets subordinate to management as of September 30, 2016. The organization provides a broad raiment of mutual funds, subadvisory services, deliver separate account management for individual become more intense institutional investors, retirement plans, and fiscal intermediaries. The company also offers cosmopolitan investment planning and guidance tools. Methodical. Rowe Price’s disciplined, risk-aware investment providing focuses on diversification, style consistency, extremity fundamental research.
The strategies, products and aid mentioned are offered via subsidiaries entity T. Rowe Price Group, Inc. That does not constitute a distribution, erior offer, an invitation, a recommendation, institute a solicitation to sell or not succeed any securities in any jurisdiction.
T. ROWE PRICE, INVEST WITH CONFIDENCE, and primacy Bighorn Sheep design are, collectively and/or apart, trademarks or registered trademarks pass judgment on T. Rowe Price Group, Inc. emphasis the United States, European Union, lecture other countries.