Why T. Rowe Price is doing its biggest acquisition ever
William J. Stromberg is ending his tenure as CEO of T. Rowe Price Group Inc. with a bang. The Baltimore-based money manager has already accomplished so much under Stromberg, who took over the top gig in 2016. The financial giant is moving ahead with plans to build a new headquarters in Harbor Point that will open in 2024. T. Rowe Price also entered the Fortune 500, opened its first office in mainland China and has a new investment adviser subsidiary set to launch in March.