Philip Morris
Appointments and Executive Changes, Investment Counselors
Fields
- 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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- 2023225299 Appointments and Executive Changes
- 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
Document Images
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
