Charles Wayne Shaeffer

Background

Shaeffer, Charles Wayne was born on December 12, 1910 in Bridgeton, Pennsylvania, United States. Son of Bartram Augustus and Carolyn I. (Morton) Shaeffer.

Education

Bachelor of Arts, Pennsylvania State University, 1933; Master of Business Administration, Harvard, 1935; Doctor of Laws, Loyola College, 1974.

Career

Investment counselor, Mackubin Legg & Company, Baltimore, 1935-1937; with, T. Rowe Price Associates, Inc. (formerly T. Rowe Price & Associates, Inc.), Baltimore, since 1938; Chairman of the Board, T. Rowe Price Associates, Inc. (formerly T. Rowe Price & Associates, Inc.), 1966-1976; president, T. Rowe Price Associates, Inc.

(formerly T. Rowe Price & Associates, Inc.), 1963-1974; consultant, T. Rowe Price Associates, Inc. (formerly T. Rowe Price & Associates, Inc.), since 1976; president, T. Rowe Price Growth Stock Fund, Inc., 1968-1974; Chairman of the Board, T. Rowe Price Growth Stock Fund, Inc., 1974-1976; Chairman of the Board, Rowe Price New Income Fund, since 1973. Director Rowe Price New Horizons Fund, Inc., since 1966, Rowe Price New EraFund, Inc., Rowe Price Prime Reserve Fund.

Trustee Monumental Properties Trust. Lecturer investment management Baltimore College Commerce, 1938-1970, JohnsHopkins, 1960-1972.

Membership

Trustee Pennsylvania State University, Franklin Square Hospital. Board managers Bryn Mawr School, University Baltimore. Board directors Maryland chapter Nature Conservancy.

Chairman board directors Maryland Shock-Trauma Foundation. Member Investment Counsel Association American (president 1970-1973, governor since 1965), No-Load Mutual Fund Association (president 1972-1975), Investment Company Institute (governor since 1968, chairman 1975-1976), Alpha Sigma Phi, Pi Gamma Mu, Delta Sigma Pi. Clubs: Maryland (Baltimore), L'Hirondelle (Baltimore), Merchants (Baltimore), Center (Baltimore), Elkridge (Baltimore).

Green Spring Valley Hunt (Garrison, Maryland). Laurel Fish and Game Association (York, Pennsylvania), Lafayette (York, Pennsylvania). Seaview Country (Absecon, New Jersey).

Farmington Country (Charlottesville, Virginia).

Connections

Married Ruth S. Smyser, October 2, 1937. Children— Charles Wayne, Ann B. (Mistress Clark F. MacKenzie), Julia P.

Father:

Bartram Augustus Shaeffer

Mother:

Carolyn I. (Morton) Shaeffer

Spouse:

Ruth S. Smyser

child:

Charles Wayne Shaeffer

child:

Julia P. Shaeffer

child:

Ann B. Shaeffer (Mistress Clark F. MacKenzie)