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NEWS - T. Rowe Price Chairman and CIO Brian Rogers to retire in March 2017

November 1, 2016 – Baltimore – The Board of Directors of T. Rowe Price Group today announced that Brian C. Rogers, chairman and chief investment officer (CIO), will retire on March 31, 2017, after nearly 35 years at the firm. At that time, he will step down from his role as CIO, which he has held since 2004. After his retirement he will continue on the Board of Directors and serve as non-executive chair.

In connection with Brian’s retirement, the firm has appointed the following six senior investment leaders as CIOs, to be effective at that time: Rob Sharps will be Group CIO, with responsibility for coordinating the 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 be CIO, U.S. Equity Value; Justin Thomson will be CIO, International Equity; and Mark Vaselkiv will be CIO, Fixed Income.

The team will share CIO responsibilities, which include providing investment thought leadership, partnering with investment division leaders to develop investment talent and capabilities, and serving as mentors for the firm’s investment professionals.

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