BALTIMORE, June 13, 2019 /PRNewswire/ --
NEWS
T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that
its board of directors has elected Dina
Dublon and Robert J. Stevens
as independent directors of the company.
Ms. Dublon was the executive vice president and chief financial
officer of JPMorgan Chase & Co. from 1998 until her retirement
in 2004. Her previous positions at the company included corporate
treasurer, managing director of the financial institutions
division, and head of asset liability management. Ms. Dublon
currently serves on the board of directors of PepsiCo, Inc. and on
the board of overseers of Columbia
University's Mailman School of Public Health. She previously
served as a director of Accenture PLC, Microsoft Corp., and
Hartford Financial Services Group, Inc., and as a supervisory board
member of Deutsche Bank AG. Ms. Dublon is also an emeritus trustee
of Carnegie Mellon University and has
served on the faculty of Harvard Business
School and the board of Global Fund for Women.
Ms. Dublon holds a Bachelor of Arts degree in economics and
mathematics from the Hebrew University of
Jerusalem and a Master of Science degree from Carnegie Mellon University.
Mr. Stevens is the retired chairman, president, and chief
executive officer of Lockheed Martin Corporation. He served as CEO
from 2004 through 2012, was elected chairman in 2005, and served as
executive chairman in 2013. Mr. Stevens' previous positions at the
company included chief operating officer, chief financial officer,
and head of strategic planning. He currently serves on the boards
of directors of the Marine Corps Scholarship Foundation and the
Atlantic Council, is an emeritus director of the Congressional
Medal of Honor Foundation, and is a member of the Council on
Foreign Relations. He previously served on the boards of directors
of United States Steel Corporation and Monsanto Company. Mr.
Stevens also served in the United
States Marine Corps.
Mr. Stevens holds a Bachelor of Arts degree from Slippery Rock University of Pennsylvania, a Master
of Science degree in engineering and management from the
New York University Tandon School of
Engineering, and a Master of Science degree in business from
Columbia University.
QUOTE
William J. Stromberg, chairman,
president, and chief executive officer of T. Rowe Price Group
"Dina and Bob bring substantial financial, management, public
policy, international affairs, and corporate social responsibility
experience that, along with their global perspectives, will serve
our firm and our stockholders well. We are excited to have them on
board and look forward to benefitting from their strategic insights
and counsel."
ABOUT T. ROWE PRICE
Founded in 1937, Baltimore-based T. Rowe Price (troweprice.com) is a global
investment management organization with $1.07 trillion in assets under management as of
May 31, 2019. The organization
provides a broad array of mutual funds, subadvisory services, and
separate account management for individual and institutional
investors, retirement plans, and financial intermediaries. The
company also offers a variety of sophisticated investment planning
and guidance tools. T. Rowe Price's
disciplined, risk-aware investment approach focuses on
diversification, style consistency, and fundamental research.
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SOURCE T. Rowe Price Group, Inc.