The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:T. Rowe Signs Riepe As Consultant Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, February 03, 2006

T. Rowe Signs Riepe As Consultant

by: Armie Margaret Lee

Jim Reipe may not need a new office for his retirement years. T. Rowe Price said this week that it has tapped its former vice chairman as consultant.

The announcement came in a disclsoure filed with the SEC.

Riepe, who stepped down from the post at the end of 2005, remains a director and chairman of 57 mutual funds organized and advised by the Baltimore-based firm’s subsidiaries.

The company said it had entered into a consulting agreement with Riepe on January 31, under which he will provide strategic and consulting services up to eight weeks of full-time days each year.

The agreement is effective retroactive to January 1 and renews on January 1 of each year. After April 30, 2006, however, either of the parties can terminate the contract for any reason.

T. Rowe Price said it will pay Riepe $116,667 for the period ending April 30, $66,667 fro the period from May 1 through December 31 and $100,000 annually for subsequent years plus reimbursement for reasonable out-of-pocket expenses.

Riepe will relinquish his roles with the mutual funds at the company’s 2006 annual stockholder’s meeting. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use