T. Rowe Price Group, Inc. announced that its Board of Directors has elected William P. Donnelly as an independent director of the company, effective November 1, 2023. Mr. Donnelly was appointed to the Audit Committee and to the Executive Compensation and Management Development Committee. Mr. Donnelly was the executive vice president responsible for finance, investor relations, supply chain and information technology of Mettler-Toledo International Inc. from 2014 until his retirement in 2018.

From 1997 to 2002 and from 2004 to 2014, Mr. Donnelly served as Mettler-Toledo?s chief financial officer. From 2002 to 2004, he served as division head of Mettler-Toledo?s product inspection and certain lab businesses. From 1993 to 1997, Mr. Donnelly served in various senior financial roles, including chief financial officer, of Elsag Bailey Process Automation, NV and prior to that, he was an auditor with PricewaterhouseCoopers LLP from 1983 to 1993.

Mr. Donnelly received a bachelor of science in business administration from John Carroll University. Mr. Donnelly serves on the board of directors of Ingersoll Rand, Inc., where he serves as the lead independent director, the chair of the nominating and governance committee and a member of the audit committee, and on the board of directors of Quanterix Corporation.