Executive Bio
Mr. James S. Riepe has been Managing Director at T. Rowe Price Associates Inc. since 1989. Mr. Riepe serves as the Chairman, President and Trust Officer of T. Rowe Price Trust Company. He served as a Senior Advisor of T. Rowe Price Group, Inc. He served as the Chairman and Chief Executive Officer of various funds in T. Rowe Price fund complex. He served as Vice President and Director of the Investment Services Division of T. Rowe Price Group Inc., from 1981 to December 31, 2005. He served as Vice President of T Rowe Price Associates Inc., a manager of T. Rowe Price Financial Services Fund Inc. He served as Vice President of T. Rowe Price Associates Inc., from 1981 to 1989, Director of the Investment Services Division and its employee since 1981. He served as an Executive Vice President of The Vanguard Group. He has been the Non-Executive Chairman of Genworth Financial, Inc. since May 2012. Mr. Riepe serves as Chairman of the Board of Trustees of the University of Pennsylvania. He serves as the Chairman of the Board and Director of T. Rowe Price Global Asset Management Limited, T. Rowe Price Global Investment Services Limited, T. Rowe Price Investment Services, Inc., T. Rowe Price Retirement Plan Services, Inc., Investment Company Institute and T. Rowe Price Services, Inc. Mr. Riepe served as Chairman of the Board of Governors of the Investment Company Institute and National Trade Association for the Mutual Fund industry. He served as Vice Chairman of T. Rowe Price Group Inc. from April 1997 to December 2005. He served as Vice Chairman in various funds in T. Rowe Price fund complex. He serves as Director of LPL Investment Holdings, Inc. and Linsco/Private Ledger Corp. Mr. Riepe has been an Independent Director of LPL Financial Corporation since 2008. He has been an Independent Director of LPL Financial Holdings Inc. since February 2008. He serves as a Director at UTI Asset Management Company (P) Ltd. He serves as a Director of The NASDAQ Stock Market LLC. Mr. Riepe serves as a Director of T. Rowe Price International, Inc. He has been an Independent & Non-Management Director of Genworth Financial, Inc. since March 2006 and served as its Lead Director from February 2009 to July 2012. He served as Director of T. Rowe Price Group Inc., from 1981 to April 26, 2006. He served as a Director of General Re Corporation since February 1998. He served as a Director of T. Rowe Price New Horizons Fund, Inc. He served as Lead Director of LPL Financial Holdings Inc. since March 2014. He served as a Representative Director for Nasdaq OMX Group Inc. (Formerly, NASDAQ Stock Market Inc.) since May 7, 2003 until May 7, 2014. He served as a Director of Genworth Financial Mortgage Insurance Pty Ltd. since March 2006. He served as a Director/Trustee of various funds of T. Rowe Price fund complex. He served as a Director of Aventis Inc., (Formerly, Rhone-Poulenc Rorer Inc.) since 1982. He serves as a Trustee of the James S. and Gail P. Riepe Charitable Foundation. He serves as a Member of the board of governors of the National Association of Securities Dealers Inc., NASD Regulation Inc., and Baltimore Equitable Society. He serves as a Trustee of the University of Pennsylvania, President of the board of Trustees of Gilman School and served as President of the Baltimore Museum of Art. Mr. Riepe received a B.S., an M.B.A. and an Honorary Doctor of Laws degree from the University of Pennsylvania.