T. Rowe Price Group, Inc.

NasdaqGS:TROW Stock Report

Market Cap: US$24.8b

T. Rowe Price Group Management

Management criteria checks 4/4

T. Rowe Price Group's CEO is Rob Sharps, appointed in Feb 2021, has a tenure of 2.17 years. total yearly compensation is $13.84M, comprised of 2.5% salary and 97.5% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $56.88M. The average tenure of the management team and the board of directors is 2.8 years and 6 years respectively.

Key information

Rob Sharps

Chief executive officer

US$13.8m

Total compensation

CEO salary percentage2.5%
CEO tenure3yrs
CEO ownership0.2%
Management average tenure2.8yrs
Board average tenure6yrs

Recent management updates

Recent updates

T. Rowe Price Group (NASDAQ:TROW) Has Announced That It Will Be Increasing Its Dividend To $1.24

Feb 22
T. Rowe Price Group (NASDAQ:TROW) Has Announced That It Will Be Increasing Its Dividend To $1.24

Analysts Are Updating Their T. Rowe Price Group, Inc. (NASDAQ:TROW) Estimates After Its Yearly Results

Feb 10
Analysts Are Updating Their T. Rowe Price Group, Inc. (NASDAQ:TROW) Estimates After Its Yearly Results

T. Rowe Price Group (NASDAQ:TROW) Is Paying Out A Larger Dividend Than Last Year

Feb 08
T. Rowe Price Group (NASDAQ:TROW) Is Paying Out A Larger Dividend Than Last Year

T. Rowe Price Earnings Preview: We May Have Seen The Bottom, But More Time Is Needed To Confirm

Feb 02

Some Confidence Is Lacking In T. Rowe Price Group, Inc.'s (NASDAQ:TROW) P/E

Dec 21
Some Confidence Is Lacking In T. Rowe Price Group, Inc.'s (NASDAQ:TROW) P/E

T. Rowe Price: This Company Is A Gem

Oct 18

T. Rowe Price slides as September AUM falls by 8% to $1.23T

Oct 12

T. Rowe Price reports lower AUM as of Aug. 31 on monthly basis

Sep 13

T. Rowe Price: An Excellent Business At A Fair Price

Aug 16

T. Rowe Price sees marginal increase in July AUM

Aug 10

T. Rowe Price Non-GAAP EPS of $1.79 misses by $0.36, revenue of $1.51B misses by $170M

Jul 28

T. Rowe Price AUM slides over 6% in June amid turbulent market conditions

Jul 13

T. Rowe Price: High Dividend, Unclear Short-Term Future

Jul 07

T. Rowe Price: An Obvious Investment Opportunity And Why I Just Went Long

Jun 06

T. Rowe Price: Is It Time To Dip One's Toes In? Three Ways To Value The Stock

May 17

Should You Be Adding T. Rowe Price Group (NASDAQ:TROW) To Your Watchlist Today?

May 11
Should You Be Adding T. Rowe Price Group (NASDAQ:TROW) To Your Watchlist Today?

T. Rowe Price: A Reliable Active Investor For Uncertain Times

Apr 26

T. Rowe Price: A Cheap, Undervalued Dividend Stock To Buy!

Apr 16

T. Rowe Price: Hold For Now: The Chart Is Soft

Apr 04

T. Rowe Price: Your Personal Money Printer

Mar 04

T. Rowe Price Group (NASDAQ:TROW) Has Announced That It Will Be Increasing Its Dividend To US$1.20

Feb 12
T. Rowe Price Group (NASDAQ:TROW) Has Announced That It Will Be Increasing Its Dividend To US$1.20

T. Rowe Price: Of The 10 Most Beaten-Down Dividend Champs, This Is Our Favorite

Feb 09

CEO Compensation Analysis

How has Rob Sharps's remuneration changed compared to T. Rowe Price Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

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 ($USD13.84M) is about average for companies of similar size in the US market ($USD12.06M).

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


CEO

Rob Sharps (52 yo)

3yrs

Tenure

US$13,838,613

Compensation

Mr. Robert W. Sharps, also known as Rob, CFA, is President, Chief Executive Officer and Director of T. Rowe Price Group, Inc. from January 2022. He joined the T. Rowe Price Group, Inc. in 1997. He was Vice...


Leadership Team

NamePositionTenureCompensationOwnership
Robert Sharps
President3yrsUS$13.84m0.23%
$ 56.9m
Jennifer Dardis
VP, CFO & Treasurer2.5yrsUS$4.09m0.0081%
$ 2.0m
Eric Veiel
Head of Global Investments & CIOless than a yearUS$9.59m0.086%
$ 21.4m
Justin Thomson
VP, Head of International Equity & CIO for International Equities3.1yrsUS$8.02m0.047%
$ 11.7m
Glenn August
CEO of OHAno dataUS$12.03m1.06%
$ 263.2m
Kimberly Johnson
VP & COO1.8yrsno data0.016%
$ 4.0m
Sébastien Page
VP, Head of Global Multi-Asset & CIO2.1yrsno data0.016%
$ 4.0m
Jessica Hiebler
Principal Accounting Officer13.9yrsno data0.0063%
$ 1.6m
Linsley Carruth
Director of Investor Relationsno datano datano data
David Oestreicher
VP & General Counsel15.9yrsno data0.050%
$ 12.5m
Edward Giltenan
Head of Global Public Relations & VPno datano datano data
Thomas Pedersen
Managing Director of Sales & Client Relationsno datano datano data

2.8yrs

Average Tenure

51yo

Average Age

Experienced Management: TROW's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Sharps
President2.2yrsUS$13.84m0.23%
$ 56.9m
Glenn August
CEO of OHA2.2yrsUS$12.03m1.06%
$ 263.2m
Robert MacLellan
Independent Director14.1yrsUS$383.00k0.015%
$ 3.7m
Robert Stevens
Independent Director4.7yrsUS$359.75k0%
$ 0
Dina Dublon
Independent Director4.7yrsUS$372.40k0%
$ 0
Sandra Wijnberg
Independent Director7.3yrsUS$368.12k0.010%
$ 2.5m
Freeman Hrabowski
Independent Director11.1yrsUS$415.14k0.011%
$ 2.8m
Alan Wilson
Lead Independent Director8.4yrsUS$436.68k0%
$ 0
William Stromberg
Non-Executive Chairman of the Board8.1yrsUS$460.00k0.44%
$ 108.0m
Eileen Rominger
Independent Director2.3yrsUS$336.06k0.0022%
$ 556.0k
Mark Bartlett
Independent Director10.2yrsUS$351.06k0.013%
$ 3.3m
Cynthia Smith
Independent Director1.1yrsno data0.0011%
$ 275.5k

6.0yrs

Average Tenure

68yo

Average Age

Experienced Board: TROW's board of directors are considered experienced (6 years average tenure).


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