T. Rowe Price CEO Bill Stromberg to retire after 35 years at Baltimore firm
T. Rowe Price Group CEO Bill Stromberg will retire in December after 35 years at the Baltimore-based money management firm. Rob Sharps, a 24-year veteran of the firm, will become president and CEO on Jan. 1 and take over as chair of the management committee, the company announced Thursday. Sharps serves as the firm’s president, head of investments and group chief investment officer as well as a member of the firm’s management committee. Sharps also will join the board of directors.