The T. Rowe Price Group has named Rob Sharps president. That position had been held by Bill Stromberg, who will remain the fund company’s chief executive and board chairman.
Sharps is a 23-year veteran of T. Rowe Price and was the longtime portfolio manager of its U.S. large-cap growth equity strategy. In addition to serving as president, he remains the company’s head of investments and group chief investment officer.
Named to the new post of chief operating officer is Céline Dufétel. Both she and Sharps will report to Stromberg.
Dufétel joined T. Rowe Price in 2017 as its chief financial officer and treasurer. She has been in charge of the company’s financial activities, investor relations, strategy, risk oversight, corporate real estate and workplace services, global investment operations, and enterprise change.
As she takes on the role of COO in addition to CFO and treasurer, Dufétel’s responsibilities will expand to include global client account services, effective April 1, and global technology, effective July 1.
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