T. Rowe Price Group, Inc.

LSE:0KNY Stock Report

Market Cap: US$25.8b

T. Rowe Price Group Management

Management criteria checks 3/4

T. Rowe Price Group's CEO is Rob Sharps, appointed in Feb 2021, has a tenure of 3.83 years. total yearly compensation is $12.84M, comprised of 2.7% salary and 97.3% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth $60.99M. The average tenure of the management team and the board of directors is 3.6 years and 5.5 years respectively.

Key information

Rob Sharps

Chief executive officer

US$12.8m

Total compensation

CEO salary percentage2.7%
CEO tenure3.8yrs
CEO ownership0.2%
Management average tenure3.6yrs
Board average tenure5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rob Sharps's remuneration changed compared to T. Rowe Price Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$2b

Jun 30 2024n/an/a

US$2b

Mar 31 2024n/an/a

US$2b

Dec 31 2023US$13mUS$350k

US$2b

Sep 30 2023n/an/a

US$2b

Jun 30 2023n/an/a

US$2b

Mar 31 2023n/an/a

US$1b

Dec 31 2022US$14mUS$350k

US$2b

Sep 30 2022n/an/a

US$2b

Jun 30 2022n/an/a

US$2b

Mar 31 2022n/an/a

US$3b

Dec 31 2021US$18mUS$350k

US$3b

Sep 30 2021n/an/a

US$3b

Jun 30 2021n/an/a

US$3b

Mar 31 2021n/an/a

US$3b

Dec 31 2020US$15mUS$350k

US$2b

Sep 30 2020n/an/a

US$2b

Jun 30 2020n/an/a

US$2b

Mar 31 2020n/an/a

US$2b

Dec 31 2019US$14mUS$350k

US$2b

Sep 30 2019n/an/a

US$2b

Jun 30 2019n/an/a

US$2b

Mar 31 2019n/an/a

US$2b

Dec 31 2018US$13mUS$350k

US$2b

Sep 30 2018n/an/a

US$2b

Jun 30 2018n/an/a

US$2b

Mar 31 2018n/an/a

US$2b

Dec 31 2017US$11mUS$350k

US$1b

Compensation vs Market: Rob's total compensation ($USD12.84M) is above average for companies of similar size in the UK market ($USD5.77M).

Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.


CEO

Rob Sharps (53 yo)

3.8yrs

Tenure

US$12,841,931

Compensation

Mr. Robert W. Sharps, also known as Rob, CFA is President, CEO & Chair of the Board of T. Rowe Price Group, Inc. from May 07, 2024. He joined the T. Rowe Price Group, Inc. in 1997. He was President, CEO &...


Leadership Team

NamePositionTenureCompensationOwnership
Robert Sharps
President3.8yrsUS$12.84m0.24%
$ 61.0m
Jennifer Dardis
VP, CFO & Treasurer3.3yrsUS$3.89m0.0096%
$ 2.5m
Eric Veiel
Head of Global Investments & CIOless than a yearUS$8.94m0.087%
$ 22.5m
Justin Thomson
VP, Head of International Equity & CIO for International Equities3.9yrsUS$7.04m0.050%
$ 13.0m
Glenn August
CEO of OHAno dataUS$12.43m1.07%
$ 275.4m
Kimberly Johnson
VP & COO2.7yrsno data0.022%
$ 5.8m
Sébastien Page
VP, Head of Global Multi-Asset & CIO2.9yrsno data0.016%
$ 4.3m
Jessica Hiebler
Principal Accounting Officer14.8yrsno data0.0065%
$ 1.7m
Linsley Carruth
Director of Investor Relationsno datano datano data
David Oestreicher
VP & General Counsel16.8yrsno data0.054%
$ 14.0m
Thomas Pedersen
Managing Director of Sales & Client Relationsno datano datano data
Donna Anderson
VP & Head of Global Corporate Governanceno datano datano data

3.6yrs

Average Tenure

52yo

Average Age

Experienced Management: 0KNY's management team is considered experienced (3.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Sharps
President3yrsUS$12.84m0.24%
$ 61.0m
Glenn August
CEO of OHA3yrsUS$12.43m1.07%
$ 275.4m
William P. Donnelly
Independent Director1.1yrsUS$334.38k0%
$ 0
Robert MacLellan
Independent Director14.9yrsUS$386.58k0.019%
$ 4.8m
Robert Stevens
Independent Director5.5yrsUS$376.77k0%
$ 0
Dina Dublon
Independent Director5.5yrsUS$372.30k0.00085%
$ 219.3k
Sandra Wijnberg
Independent Director8.2yrsUS$372.68k0.011%
$ 2.9m
Alan Wilson
Lead Independent Director9.3yrsUS$458.15k0%
$ 0
Eileen Rominger
Independent Director3.1yrsUS$328.63k0.0031%
$ 792.0k
Mark Bartlett
Independent Director11yrsUS$346.55k0.014%
$ 3.6m
Cynthia Smith
Independent Director1.9yrsUS$349.81k0.0011%
$ 288.9k

5.5yrs

Average Tenure

68yo

Average Age

Experienced Board: 0KNY's board of directors are considered experienced (5.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 22:27
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

T. Rowe Price Group, Inc. is covered by 36 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
Roger FreemanBarclays
Benjamin BudishBarclays