[Congressional Record Volume 153, Number 48 (Tuesday, March 20, 2007)]
[Extensions of Remarks]
[Page E588]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                        HONORING GEORGE A. ROCHE

                                 ______
                                 

                     HON. C.A. DUTCH RUPPERSBERGER

                              of maryland

                    in the house of representatives

                        Tuesday, March 20, 2007

  Mr. RUPPERSBERGER. Madam Speaker, it is with great honor that I rise 
before you today to honor the outstanding career of George A. Roche, 
one of Maryland's most successful business leaders and strongest 
community advocates.
  George Roche retired as Chairman and President of T. Rowe Price 
Group, Inc. in December of 2006 after nearly 39 years with the firm. 
After earning his B.A. degree from Georgetown University in 1963 and 
his MBA from Harvard Business School in 1966, he joined T. Rowe Price 
Associates in 1968, serving as an analyst primarily covering natural 
resource industries. He performed much of his work for Mr. Thomas Rowe 
Price, who started the New Era Fund in 1969. The New Era Fund was 
designed to invest in inflation-resistant companies with a natural 
resource emphasis. Mr. Roche proceeded to serve as President and 
Portfolio Manager of the New Era Fund from 1979 to 1997. He also served 
as the Chief Financial Officer of T. Rowe Price Associates from 1984 to 
1997 and Chairman and President of T. Rowe Price Group, Inc. from 1997 
to 2006.
  Mr. Roche currently serves on the Board of Directors of McCormick and 
Company, Inc. In the past, Mr. Roche served on the Boards of the 
Greater Baltimore Committee, the Baltimore Downtown Partnership, The 
Walters Art Museum, the Enoch Pratt Library and the Roland Park Country 
School. Mr. Roche also was Chairman of the Alexis de Tocqueville 
Society of the United Way of Central Maryland from 1999 to 2000.
  Mr. Roche demonstrated the ideals of corporate leadership, continuing 
the success of the company with a fervent commitment to ethics and 
integrity. Under Mr. Roche's leadership, Baltimore-based T. Rowe Price 
Group grew to a company-record $244 billion in managed assets in 2005. 
He was also named the recipient of the Loyola College of Maryland's 
Sellinger School of Business and Management Business Leader of the Year 
Award in 2005.
  Madam Speaker, I ask that you join with me today in honoring George 
A. Roche, a man whose deep commitment to the business community, 
community groups and civic and philanthropic organizations has improved 
the quality of life for thousands of residents of the State of 
Maryland.

                          ____________________