Deals and People

Retirement Industry People Moves

T. Rowe CIO to Retire; Voya Hires VP of ESG; Morningstar Appoints Two New Leaders in Tech; Great Lakes Advisors Hires Managing Director; and more.

By Javier Simon | November 04, 2016
Page 1 of 7
T. Rowe CIO to Retire

Brian C. Rogers, T. Rowe Price chairman and chief investment officer (CIO) will retire from his post on March 31, 2017, according to the firm’s board of directors. Rogers has been with the company for nearly 35 years and he assumed his current role in 2004. Following his retirement, Rogers will remain on the board of directors and serve as the non-executive chair.

Anne Marie Whittemore, lead independent director, observes that Rogers “has been responsible for helping the firm navigate multiple market cycles, including the global financial crisis, and for guiding the board's commitment to diversity."

T. Rowe Price has also appointed six senior investment leaders. 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.

NEXT: Voya Hires VP of ESG