After a 17-month search, T. Rowe Price has found a new head of third-party distribution. The Baltimore-based mutual fund firm turned to former Fidelity executive Scott David to fill the shoes vacated by John Cammack in September 2009, a company spokesman confirmed to The MFWire.com.

Scott David Incoming Head of Third-Party Distribution T. Rowe Price

InvestmentNews first reported the news.

David will start his new post on May 2, reporting to T. Rowe vice chairman Edward Bernard.

David resurfaced last month from his year-long hiatus to join BrightScope's advisory board. He left Fidelity at the end of 2009 to tend to family members with health issues (see The 401kWire 11/24/2009). Prior to Fidelity, he also headed the U.S. retirement services at Scudder Investments, now part of Deutsche Bank AG's DWS Investments.  

Edited by: Hung Tran


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE