T. ROWE PRICE CHAIR WILLIAM J. STROMBERG AND DR. FREEMAN A. HRABOWSKI TO RETIRE FROM BOARD IN MAY 2024; ROBERT W. SHARPS TO ASSUME CHAIR ROLE

February 20, 2024

https://www.prnewswire.com/news-releases/t-rowe-price-chair-william-j-stromberg-and-dr-freeman-a-hrabowski-to-retire-from-board-in-may-2024-robert-w-sharps-to-assume-chair-role-302066424.html

BALTIMORE, Feb. 20, 2024 /PRNewswire/ — The Board of Directors of T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that William J. Stromberg, its non-executive chair, and Dr. Freeman A. Hrabowski, its chair of the Nominating and Corporate Governance Committee, will retire from the Board at the company’s upcoming May 7, 2024, annual meeting of stockholders. At that time, Robert W. Sharps will become chair of the Board, in addition to continuing as chief executive officer and president. Both Mr. Stromberg and Dr. Hrabowski will continue to serve on the Board until the meeting.

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