T. Rowe names Kennedy CEO as Roche retires

The Baltimore-based firm said Roche, 64, will retire as chairman and president during the fourth quarter of 2006. Kennedy, 52, joined the firm in 1978.

Chief investment officer Brian Rogers becomes chairman; he’ll remain CIO. Edward Bernard will be vice chairman.

Equities co-director William Stromberg becomes director of equities and global equity research.

Roche joined the firm in 1968 and became chairman and president in 1997.

Rogers, 50, has been a director since 1997 – he joined the firm in 1982.
T. Rowe has $269.5bn in assets under management.

Have your say

You must sign in to make a comment


Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

Begin Your Search Now