T. Rowe Price Group said on May 18 that Eric Veiel will become president on June 1, while the board also declared a quarterly dividend of $1.30 per share.
T. Rowe Price Group said on May 18, 2026, that it is reshaping senior leadership, naming Eric Veiel president effective June 1 while keeping Rob Sharps as chair and chief executive officer. In the same release, the board also declared a quarterly dividend of $1.30 per share, a combination of governance and capital-return news that matters for US investors tracking large asset managers.
According to PR Newswire as of 05/18/2026, the firm said the leadership changes are designed to support strategy, innovation and client outcomes. Eric Veiel will remain co-head of Global Investments…
