Desjardins Global Asset Management (DGAM)
On July 26, 2021, DGAM announced that Marc Provost, Co-Chief Investment Officer, Public Markets, Organizational Strategy, intends to retire after 6 years with DGAM. Marc Provost will be leaving on October 1, 2021. Following Marc Provost’s departure, Christian Duceppe will take on the role of Chief Investment Officer, Public Markets.
T. Rowe Price
On July 29, 2021, T. Rowe Price announced that Bill Stromberg, Chairman of the Board of Directors, Management Committee and Chief Executive Officer (CEO), has decided to retire from the company on December 31, 2021. Bill Stromberg will continue to sit on the board of directors as a non-executive director. The T. Rowe Price Group’s Board of Directors has named Rob Sharps, as Bill Stromberg’s successor, effective January 1, 2022. Mr. Sharps is currently President, Head of Investments, and Group Chief Investment Officer at the firm.
As of January 1, 2022, Eric Veiel will become the Head of Global Equity. Eric will also chair the Investment Management Steering Committee and he will be joining the International Steering Committee (ISC) at that time.
As of January 1, 2022, Josh Nelson will be replacing Eric Veiel as Head of U.S. Equity and Chairman of the U.S. Equity Steering Committee and he will be joining the Management Committee.