MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, December 23, 2013 Memorial to Be Held for Former T. Rowe CEO A memorial service will be held 11 a.m., January 3rd for former T. Rowe Price president and CEO, Curran “Cub” Harvey. Harvey had died two weeks ago at age 84 from pneumonia, according to the the Baltimore Sun. . The newspaper reports that Harvey had earned a bachelor's degree in engineering in 1951 from Yale University. He later did additional studies at Columbia University, the University of Dayton and the Johns Hopkins University. He had served in the Navy as an engineer from 1951 to 1954, attaining the rank of lieutenant. The newspaper reports that Harvey garnered an interview via a friend in 1961 with T. Rowe founder Thomas Rowe Price Jr.. According to the Baltimore Sun, Harvey wrote in a bio last year for the reunion of Yale’s Book and Snake Senior Society, of which he had been a member: "In the interview, Mr. Price asked what I did for a living. After replying, I asked him the same question,…He was shocked at my reply. To my surprise, he hired me at the top of the market. He gave me an adequate salary, but no stock." He started his career as an analyst for the New Horizons Fund, one of the first funds in the country to focus on small growth companies, according to the newspaper. He covered small electronic manufacturers that built military equipment. According to the Baltimore Sun, he became president of the New Horizons Fund in 1969. In 1970, Harvey was named to the firm's board of directors, and in 1974 was appointed vice chairman of the firm. In 1978, he handed over management of New Horizons to Thomas Barry and became more involved in the administration of T. Rowe Price Associates. Harvey served as president of T. Rowe Price Associates from 1980 until 1981, when he was elected chief executive officer, succeeding E. Kirkbride Miller as the firm's top officer. He stepped down in 1984 to join New Enterprise Associates. Read more in the Baltimore Sun. Printed from: MFWire.com/story.asp?s=47165 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |