Kevin Collins and Francisco
Negrón tapped to lead execution of each unit's
strategic growth initiatives
BALTIMORE, Feb. 7, 2024
/PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ – GS: TROW),
announced today that company veterans Kevin
Collins and Francisco Negrón will take on new positions
leading the firm's businesses serving the U.S. intermediary and
retirement services channels. The appointments are effective on
March 1, 2024.
Collins will become head of U.S. Intermediaries (USI), T.
Rowe Price's business supporting
financial advisors and consultants in the intermediary channel. He
will report to Dee Sawyer, who
vacated the role on January 1, 2024,
when she became the head of Global Distribution – the group
responsible for sales, marketing, and client service globally
across all distribution channels – upon the retirement of
Robert Higginbotham. Since 2019,
Collins has been the head of Retirement Plan Services (RPS), which
provides investments and record keeping services for sponsors and
participants of workplace retirement plans. Collins joined T.
Rowe Price in 1994 and has held
positions of increasing responsibility throughout his career.
Before becoming head of RPS, he headed RPS' Product & Platforms
group and led its sales and client services teams. Collins serves
as chair of the SPARK Institute's Governing Board, for the Society
of Professional Asset Managers and Record Keepers.
Concurrent with Collins' move to USI, the division's
Annie Brown and Jim Zurad will also take on new roles as
co-heads of USI Wealth Management. Brown will lead the unit's
National Accounts Management team across the broker/dealer, global
banks, and platforms groups, while Zurad will lead its field sales
organization. These new appointments reflect USI's dedicated,
long-term strategic focus on the wealth management channel. Brown
and Zurad are also company veterans, having joined T. Rowe Price in 1993 and 1996, respectively. Both
will report to Collins.
Negrón will succeed Collins as head of RPS and report to Sawyer.
For the past 12 years, he has overseen RPS' best-in-class Client
Services organization, which includes the relationship management,
client account management, plan compliance consulting, and
participant engagement functions. Negrón joined T. Rowe Price in 1987 and is a member of MOSAIC,
the company's business resource group focused on attracting and
retaining ethnically diverse associates while promoting an
inclusive culture, and the firm's Latinx Heritage community. He is
also the host of the current season of T. Rowe Price's "CONFIDENT
CONVERSATIONS® on Retirement" podcast. Highlighting its
commitment to retirement solutions, T. Rowe
Price also recently announced the formation of the Global
Retirement Strategy Team, under the leadership of Michael Davis.
"I'm excited about the focus and energy that Kevin and Francisco
will bring to their new roles," Sawyer said. "Each has led the firm
on transformational paths that have resulted in positive outcomes
for our clients, their colleagues, and the company. Kevin has a
keen understanding of the advisor landscape and over the past
several years, he has been instrumental in bringing the breadth of
T. Rowe Price offerings to the
marketplace. Similarly, we are aware of the shifting dynamics in
the retirement market. Francisco has fostered a culture of
exceptional service, highlighted by RPS' industry-leading client
satisfaction scores. Annie and Jim are well-positioned to deepen
our intermediary relationships and strengthen our field sales
execution given their many years of experience and their passion to
serve. Collectively, these appointments will bolster our strategic
plans and enhance our ability to deliver for our clients."
Sawyer's industry experience dates to 1993, and she has been
with T. Rowe Price since 2011.
Before her recent appointment as head of Global Distribution, she
held several influential roles in senior leadership at the firm.
Among them, she headed the Individual Investor (II) business unit,
served as head of Corporate Marketing & Communications, and
headed Human Resources before she was tapped in 2022 to lead USI
and RPS. Sawyer also serves on T. Rowe
Price's Management Committee.
about t. rowe price
Founded in 1937, T. Rowe Price
(NASDAQ: TROW) helps people around the world achieve their
long-term investment goals. As a large global asset management
company known for investment excellence, retirement leadership, and
independent proprietary research, the firm is built on a culture of
integrity that puts client interests first. Investors rely on the
award-winning firm for its active management approach in equity,
fixed income, multi-asset, and alternatives, and for its retirement
expertise. T. Rowe Price
manages USD$1.45 trillion in assets
under management as of December 31,
2023, and it serves millions of clients globally. News and
other updates can be found on Facebook,
Instagram, LinkedIn, X, YouTube,
and troweprice.com/newsroom.
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SOURCE T. Rowe Price Associates, Inc.