BALTIMORE, Sept. 14, 2017 /PRNewswire/ --
NEWS
T. Rowe Price (NASDAQ-GS: TROW) announced that it has hired Linda
Delivorias as a senior defined contribution (DC) strategist in the firm's full-service defined contribution plan
recordkeeping business. In this role, Ms. Delivorias will consult with key institutional relationships on a variety of plan
governance, plan design and fiduciary policy matters and will partner across the business to enhance T.
Rowe Price's client engagement model. She will also serve as a subject matter expert and DC industry thought leader for
the firm.
Ms. Delivorias is well-known and respected across the DC industry. Most recently, she was a partner with Mercer, with broad
responsibilities in the DC and financial wellness areas. In her role, Ms. Delivorias led a team responsible for evaluating
plan sponsor retirement program design and governance structures, conducting service provider evaluations and searches, and
developing intellectual capital and training materials on various 401(k) topics. She consulted for several Fortune 100 companies
during her tenure at Mercer. Earlier in her career, she worked at Deloitte as an employee benefits tax manager and as an ERISA
attorney at prominent Washington, D.C. law firms.
T. Rowe Price Retirement Plan Services, the firm's full-service defined contribution plan recordkeeping unit, has been an
industry leader for more than 30 years. As of June 30, 2017, the business served 1.9 million
plan participants across more than 3,800 plans with nearly $172 billion in assets under
administration, and garners industry-leading client satisfaction scores. In recent years, the firm has been expanding its
commitment to the business, building out capabilities to serve plans of all sizes and types, adding key talent, and supporting
participants through web, mobile and phone channels.
QUOTES
Aimee DeCamillo, head of T. Rowe Price Retirement Plan Services:
"T. Rowe Price remains committed to providing excellent service to our growing roster of
clients. We continue to place a high priority on nurturing our strong existing talent as well as attracting top talent from
outside the firm. Linda is widely recognized and respected in the retirement industry and her vast knowledge and proven skill set
will be a significant addition to our team."
ABOUT T. ROWE PRICE
Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. (troweprice.com) is a global
investment management organization with $934 billion in assets under management as of August 31, 2017. The organization provides a broad array of mutual funds, subadvisory services, and separate
account management for individual and institutional investors, retirement plans, and financial intermediaries. The company also
offers sophisticated investment planning and guidance tools. T. Rowe Price's disciplined,
risk-aware investment approach focuses on diversification, style consistency, and fundamental research.
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SOURCE T. Rowe Price Group, Inc.