T. Rowe Price names new COO

Kimberly Johnson

T. Rowe Price has appointed Kimberly Johnson as the firm’s new chief operating officer, effective 29 April.

Johnson will also serve on the firm's management committee and will report to CEO and president Rob Sharps. T. Rowe Price announced July 2021 that Celine Dufetel, who served as the firm's COO, chief financial officer and treasurer, would be stepping down. Robert Higginbotham, head of global distribution was given the COO responsibilities on an interim basis. Johnson will join the firm from Fannie Mae, where she worked as COO and executive vice president, as well as being a member of Fannie Mae's management committee. Lazard CFO to succeed Ashish Bhutani as chief executive As COO...