T. Rowe Names Cynthia Egan to Head Retirement Unit

T. Rowe Price Group announced that effective May 14, Cynthia Egan will become president of T. Rowe Price Retirement Plan Services, which provide defined contribution plan services to more than 2,900 plans and 1.5 million participants. Egan had worked since 1989 with Fidelity Investments, where she most recently was an executive VP in its global retirement services practices unit; she had led the development of Fidelity's Retirement Income Advantage program. At T. Rowe, Egan succeeds Charles Vieth, who retired late last year.