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T.Rowe Price Group has announced that Ken Brooks, senior institutional business development leader, will retire on June 4. Brooks helped grow T. Rowe Price’s U.S. institutional business, which now accounts for more than $200 billion of the firm’s assets under management (AUM). Operating out of San Francisco, he anchored the firm’s institutional sales efforts on the West Coast and partnered with colleagues nationwide to expand the business. Brooks has also played an active role in the firm’s diversity, equity and inclusion initiatives as a founding member of the firm’s Ethnic Divers...

T. Rowe’s VP of institutional business development to retire Ken Brooks, John Masdea and Lesley Nettles Ken Brooks, vice president, institutional business development at T. Rowe Price Group, will retire June 4, spokesman Edward Giltenan said in an email. Mr. Brooks, who joined T. Rowe Price in the role in 2004, will continue some of his non-profit board activities and otherwise enjoy his retirement with golf, reading and travel, Mr. Giltenan said. Taking on Mr. Brooks' responsibilities will be John Masdea, senior institutional business development executive, and Lesley Nettles, senior pub...