Brian Rogers was named CIO at T. Rowe Price, effective Jan. 1. He will succeed M. David Testa. Mr. Testa will remain vice chairman and a member of the company's board of directors until April, when he will retire from the firm; George A. Roche, T. Rowe Price chairman and president, will succeed him in those roles while retaining his current positions.
Mr. Rogers will continue to run the T. Rowe Price Equity-Income Fund, which he has managed since its 1985 inception.