T. Rowe Names William Stromberg as CEO Replacing Kennedy
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T. Rowe Price Group Inc. named William Stromberg, a 28-year veteran of the company, as chief executive officer to replace James A.C. Kennedy, who will step down at the end of this year.
Stromberg is currently head of global equity and global equity research at the Baltimore-based firm, according to a statement Wednesday. Kennedy will retire from T. Rowe in April 2016.