Brown Capital Appoints Robert Young III as President

Robert Young III has taken on the position of President at Brown Capital Management starting on January 1, 2023. This is in addition to his existing role as head of marketing/client service. In this capacity, he succeeds Keith Lee, who continues to serve as chief executive officer, chief investment officer, and senior portfolio manager on the Small Company Team.

Rob Young III joined Brown Capital from T. Rowe Price in 1999 with the responsibility of establishing the firm's distribution team. Since 2007, he has been a member of the firm's Management Committee and currently holds the position of president of the firm's mutual fund trust. In addition to his professional roles, Rob also serves as the president of the board of trustees of the McDonogh School, a renowned private school located in Owings Mills, Maryland.

"This year marks the 40th anniversary of the establishment of Brown Capital," notes Founder and Executive Chairman Eddie Brown. Looking ahead to the next four decades, he emphasizes the importance of preserving the firm's culture, which has been integral to its success. Eddie Brown expresses confidence in Rob Young III, stating, "After collaborating with Rob for 23 years, I can affirm that there is no individual on the planet who better embodies the values and upholds the culture of Brown Capital than Rob does."

This appointment follows Keith taking on the CEO role from Eddie a year ago. Keith acknowledges the dynamic nature of the asset management industry, anticipating differences in the decades ahead. He expresses confidence in Rob's ability to be a valuable partner in ensuring Brown Capital evolves to meet the growing needs of clients, given Rob's extensive experience working with clients and prospective clients.

Source: Brown Capital