In T. Rowe Price's
annual meeting Thursday, the company's shareholders are expected to elect 11 nominees to the Board of Directors -- ten incumbents and one newcomer, Dwight S. Taylor
, president of Corporate Development Services
Taylor has been President of CDS, a commercial real estate developer, since 1999. Taylor is also a director of MICROS Systems, Inc.
, an information technology provider.
George A. Roche
, Chairman and President of T. Rowe, will announce first quarter 2004 gains of 80 percent in diluted earnings per share and a 40 percent growth in net revenues versus the same period last year. EPS was $0.31 and net revenues were $219 million at the end of the first quarter in 2003.
Roche's prepared statement included "it is also important to note that the first quarter of 2003 was a relatively weak one."
T. Rowe Price will release first quarter earnings on April 27, 2004.
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