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Philip Morris

Appointments and Executive Changes, Investment Counselors

Date: 1991 (est.)
Length: 1 page
2023225298
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Type
COMP, COMPUTER PRINTOUT
ABST, ABSTRACT
Area
WALL,CHARLES/OFFICE
Characteristic
MARG, MARGINALIA
MISS, MISSING PAGES
Document File
2023224983/2023225454/Divestment Proposal C.R.W.
Site
N328
Master ID
2023225290/5299
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Author (Organization)
Ny Times
Named Organization
Rockefeller
Rowe Price
Request
Stmn/R1-014
Litigation
Stmn/Produced
Date Loaded
05 Jun 1998
UCSF Legacy ID
rad78e00

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Page 1: rad78e00 Log in for more options!
PAGE 26 8TH STORY of Level 1 printed in FULL format. Copyright (c) 1983 The New York Times Company; The New York Times April 11, 1983, Monday, Late City Final Edition SECTION: Section D; Page 2, Column 5; Financial Desk LENGTH: 236 words HEADLINE: BUSINESS'PEOPLE; Ex-Rowe Price Officer Heads Rockefeller & Co. BODY: The Rockefellers have a new source of investment advice. He is Thomas C. Barry, 39, former president and director of T. Rowe Price's New Horizons Fund, and recently named president and chief executive officer of Rockefeller & Company. Mr. Barry and seven portfolio managers will oversee the investments of approximately 75 living descendents of John D. Rockefeller Sr., the family patriarch and oil magnate. Today Rockefeller & Company has about $1 billion to look after, " and a majority of that belongs to the family, " Mr. Barry said in a telephone interview from Baltimore. The remainder belongs to a number of institutions, many of which have benefited from Rockefeller support. While Mr. Barry says he has few plans to cast about for additional clients, he will be looking for some new places for the Rockefellers to entrust their funds. " Foreign investments have not been pursued aggressively in the past, " he commented. " Nor have specialized investment pools which would enable them to participate in joint ventures. We plan to expand our services in these areas. " Mr. Barry was graduated from Yale in 1966 and the Harvard Business School in 1969. Last year he left T. Rowe Price Associates, where he held a succession of jobs, to form his own investment firm, Saratoga Associates in Baltimore. .At--=Rockefeller & Company he will replace J. Murray Logan, who was named acting.president a year ago. SUBJECT: APPOINTMENTS AND EXECUTIVE CHANGES; INVESTMENT COUNSELORS

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