T. Rowe Price Names New President as Flows Remain a Challenge
T. Rowe Price moves to its new leadership structure Monday, with Eric Veiel stepping in as president. The change hands a wider strategy role to a longtime investment veteran at the big U.S. active manager. Rob Sharps will remain as chair and CEO. Sébastien Page is named co-head of Global Investments, and Wyatt Lee will take over Global Multi-Asset on Oct. 1, according to the firm.
