T. ROWE PRICE ANNOUNCES CREATION OF GLOBAL STRATEGY FUNCTION
T. Rowe Price (NASDAQ: TROW) announced the creation of a Global Strategy function to centralize corporate strategy, corporate development, M&A, and product development.
Andrew Reich will join as head of Global Strategy on January 5, 2026, report to Rob Sharps, and join the firm's Management Committee. Reich previously led McKinsey's Asset Management Practice for North America.
The firm reports it manages $1.79 trillion in client assets as of October 31, 2025, roughly two-thirds retirement-related.
T. Rowe Price (NASDAQ: TROW) ha annunciato la creazione di una funzione Global Strategy per centralizzare la strategia aziendale, lo sviluppo aziendale, le fusioni e acquisizioni (M&A) e lo sviluppo di prodotto.
Andrew Reich entrerà a capo della Global Strategy il 5 gennaio 2026, riporterà a Rob Sharps e entrerà a far parte del Management Committee della società. Reich in precedenza guidava la Asset Management Practice di McKinsey per l'America del Nord.
La società riferisce di gestire $1.79 trillion di attività dei clienti al 30 ottobre 2025, circa due terzi legati alla previdenza.
T. Rowe Price (NASDAQ: TROW) anunció la creación de una función Global Strategy para centralizar la estrategia corporativa, el desarrollo corporativo, M&A y el desarrollo de productos.
Andrew Reich se unirá como jefe de Global Strategy el 5 de enero de 2026, reportará a Rob Sharps y formará parte del Comité de Dirección de la firma. Reich dirigía previamente la Asset Management Practice de McKinsey para Norteamérica.
La firma informa que gestiona $1.79 trillion de activos de clientes al 31 de octubre de 2025, aproximadamente dos tercios relacionados con la jubilación.
T. Rowe Price (NASDAQ: TROW)는 기업 전략, 기업 개발, M&A 및 제품 개발을 중앙집중화하기 위한 Global Strategy 기능의 신설을 발표했습니다.
Andrew Reich는 2026년 1월 5일에 Global Strategy 책임자로 합류하고 Rob Sharps에게 보고하며 회사의 경영위원회에 합류할 예정입니다. Reich는 이전에 맥킨지의 북미 자산 운용 부문을 이끌었습니다.
회사는 $1.79 trillion의 고객 자산을 2025년 10월 31일 기준으로 관리하고 있으며, 약 3분의 2가 은퇴 관련 자산이라고 밝혔습니다.
T. Rowe Price (NASDAQ: TROW) a annoncé la création d'une fonction Global Strategy visant à centraliser la stratégie d'entreprise, le développement d'entreprise, les fusions et acquisitions et le développement de produits.
Andrew Reich rejoindra en tant que responsable de la Global Strategy le 5 janvier 2026, relèvera de Rob Sharps et intégrera le comité de direction de la société. Reich dirigeait précédemment la Practice Asset Management de McKinsey pour l'Amérique du Nord.
La société indique gérer $1.79 trillion d'actifs clients au 31 octobre 2025, soit environ deux tiers liés à la retraite.
T. Rowe Price (NASDAQ: TROW) hat die Einrichtung einer Global Strategy-Funktion bekannt gegeben, um die Unternehmensstrategie, die Unternehmensentwicklung, M&A und die Produktentwicklung zu zentralisieren.
Andrew Reich wird ab dem 5. Januar 2026 als Leiter der Global Strategy fungieren, Berichte an Rob Sharps erstatten und dem Management Committee des Unternehmens beitreten. Reich leitete zuvor McKinzys Asset Management Practice für Nordamerika.
Das Unternehmen meldet, dass es per 31. Oktober 2025 $1.79 trillion an Kundenvermögen verwaltet, wobei etwa zwei Drittel pensionsbezogen sind.
T. Rowe Price (NASDAQ: TROW) أعلن عن إنشاء وظيفة Global Strategy مركزية لاستراتيجيات الشركة، وتطوير الشركة، والاندماج والاستحواذ، وتطوير المنتجات.
Andrew Reich سينضم كمشرف على Global Strategy في 5 يناير 2026، وسيقدم تقاريره إلى Rob Sharps، وينضم إلى لجنة الإدارة بالشركة. كان Reich قد قاد سابقاً McKinsey's Asset Management Practice في أميركا الشمالية.
تذكر الشركة أنها تدير $1.79 trillion من أصول العملاء حتى 31 أكتوبر 2025، أي ما يقرب من ثلثيها متعلق بالتقاعد.
- New Global Strategy function to centralize strategy and M&A
- Andrew Reich joining as Head of Global Strategy on Jan 5, 2026
- Reich adds McKinsey Asset Management practice leadership experience
- $1.79 trillion in client assets as of Oct 31, 2025
- None.
Reich brings deep industry expertise, having most recently served as a partner and head of the Asset Management Practice for
"By establishing a dedicated Global Strategy function, we further strengthen our position to take advantage of the opportunities ahead," said Sharps. "This will enable us to continue delivering innovative solutions for the evolving needs of our clients. We are thrilled to welcome Andrew to T. Rowe Price and look forward to his leadership as we advance our strategic priorities."
"I'm honored to join T. Rowe Price, a storied institution with a strong foundation. I look forward to working alongside the team to shape T. Rowe Price's strategic vision, guide our long-term growth agenda, and unlock new opportunities in a period of transformative change in the industry," said Reich.
ABOUT T. ROWE PRICE
T. Rowe Price (NASDAQ-GS: TROW) is a leading global asset management firm, entrusted with managing
View original content to download multimedia:https://www.prnewswire.com/news-releases/t-rowe-price-announces-creation-of-global-strategy-function-302614459.html
SOURCE T. Rowe Price Group
FAQ
What did T. Rowe Price (TROW) announce on November 13, 2025?
When will Andrew Reich start as head of Global Strategy at TROW?
Who will Andrew Reich report to at T. Rowe Price (TROW)?
What responsibilities will the new Global Strategy function at TROW cover?
How large are T. Rowe Price's assets under management (AUM) reported in the announcement?
What is Andrew Reich's background prior to joining T. Rowe Price (TROW)?
