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New director elected at T. Rowe Price

The board of T. Rowe Price Group Inc. elected Mark S. Bartlett to be an independent director of the Baltimore-based money manager.

Bartlett was a partner at Ernst & Young LLP, serving as the Baltimore office's managing partner and senior client service partner for the mid-Atlantic region, until he retired in 2012.

He serves on the board of directors of Rexnord Corp., a publicly traded, Milwaukee-based industrial conglomerate, as well as The Baltimore Life Companies and Algeco Scotsman, which are privately held. He is a certified public accountant and graduated from West Virginia University.

"Having served a variety of global and multi-national companies, Mark brings a broad range of valuable business experience that will serve the board and the firm well," said Brian C. Rogers, chairman of T. Rowe Price. "We also look forward to benefiting from his significant accounting experience, as well as his expertise in securities regulation."

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