Kimberly H. Johnson is the new chief operating officer (COO) at T. Rowe Price Group, Inc. The leader in asset management announced this week that, effective April 29, Johnson will report to Rob Sharps, CEO and president, and serve on the company’s management committee.
(Photo Credit: Cade Martin Photography).
As COO, Johnson will lead global technology, global investment operations, global client account services, enterprise change, real estate & workplace services, enterprise risk, and the regional operating teams.
“Operations and technology are essential to enabling our strategic priorities,” Rob Sharps said in a company statement. “I am confident that with her deep experience and strategic vision, Kimberly will quickly become an integral part of our leadership team.”
Johnson joins T. Rowe Price from Fannie Mae, where she served as executive vice president, chief operating officer, and a member of Fannie Mae’s leadership team. Fannie Mae’s COO, Johnson had responsibility for technology, data, enterprise models, and operations.
Prior to this role, she served as chief risk officer, where she oversaw and strategy for global risk management. Previously, she held other positions, including deputy chief risk officer, senior vice president – multifamily capital markets and pricing, and vice president for capital markets, credit risk, and enterprise risk management.
Before joining Fannie Mae in 2006, Johnson was a director at Credit Suisse, where her responsibilities included financial institution fixed-income sales coverage of hedge funds, money managers, and U.S. government-sponsored entities. Earlier, she was a U.S. Equity Trader at D.E. Shaw & Co.
Johnson holds a bachelor’s degree in economics from Princeton University and an M.B.A. in finance from Columbia Business School. She is a member of the Eli Lilly board of directors and a member of the board of trustees for Princeton University. Johnson also sits on the board of directors for several nonprofit organizations.
Founded in 1937, T. Rowe Price Group, Inc., is an investment management organization with $1.54 trillion in assets under management as of February 28, 2022.
The organization provides an array of mutual funds, sub-advisory services, and separate account management for investors, retirement plans, and financial intermediaries. The company also offers investment planning and guidance tools.