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 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 percentage | 2.7% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.6yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
T.Rowe Price: Still Time To Grab A 4% Dividend Yield, And Low Leverage
Dec 04There's No Escaping T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Muted Earnings
Oct 31
T. Rowe Price: Safety And Growth, Moderating Outflows In Q3
Oct 30T. Rowe Price: Be Patient Before Buying It
Sep 30T. Rowe Price: Upgrading To Strong Buy Amid Rising AUM
Sep 173 Reasons T. Rowe Price Is An Ideal Long-Term Holding
Sep 09T. Rowe Price: Patience Growing Thin With Continued Market Underperformance
Aug 09T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Low P/E No Reason For Excitement
Jul 24T. Rowe Price: AUM Stagnation Likely To Continue, With Heightened Outflow Risks
Jul 03T. Rowe Price: A Dividend Not To Be Missed
Jun 04T. Rowe Price: A Dividend Aristocrat With 25% Upside Potential
May 01T. Rowe Price Group, Inc.'s (NASDAQ:TROW) CEO Might Not Expect Shareholders To Be So Generous This Year
May 01T. Rowe Price Group, Inc. Just Beat EPS By 26%: Here's What Analysts Think Will Happen Next
Apr 30There's No Escaping T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Muted Earnings
Apr 05T. Rowe Price: Mixed Signals (Technical Analysis)
Mar 27T. Rowe Price Group (NASDAQ:TROW) Has Announced That It Will Be Increasing Its Dividend To $1.24
Feb 22Analysts Are Updating Their T. Rowe Price Group, Inc. (NASDAQ:TROW) Estimates After Its Yearly Results
Feb 10T. Rowe Price Group (NASDAQ:TROW) Is Paying Out A Larger Dividend Than Last Year
Feb 08T. Rowe Price Earnings Preview: We May Have Seen The Bottom, But More Time Is Needed To Confirm
Feb 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$2b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$13m | US$350k | US$2b |
| Sep 30 2023 | n/a | n/a | US$2b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$14m | US$350k | US$2b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$2b |
| Mar 31 2022 | n/a | n/a | US$3b |
| Dec 31 2021 | US$18m | US$350k | US$3b |
| Sep 30 2021 | n/a | n/a | US$3b |
| Jun 30 2021 | n/a | n/a | US$3b |
| Mar 31 2021 | n/a | n/a | US$3b |
| Dec 31 2020 | US$15m | US$350k | US$2b |
| Sep 30 2020 | n/a | n/a | US$2b |
| Jun 30 2020 | n/a | n/a | US$2b |
| Mar 31 2020 | n/a | n/a | US$2b |
| Dec 31 2019 | US$14m | US$350k | US$2b |
| Sep 30 2019 | n/a | n/a | US$2b |
| Jun 30 2019 | n/a | n/a | US$2b |
| Mar 31 2019 | n/a | n/a | US$2b |
| Dec 31 2018 | US$13m | US$350k | US$2b |
| Sep 30 2018 | n/a | n/a | US$2b |
| Jun 30 2018 | n/a | n/a | US$2b |
| Mar 31 2018 | n/a | n/a | US$2b |
| Dec 31 2017 | US$11m | US$350k | US$1b |
Compensation vs Market: Rob's total compensation ($USD12.84M) is about average for companies of similar size in the US market ($USD12.85M).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$12.84m | 0.24% $ 61.0m | |
| VP, CFO & Treasurer | 3.3yrs | US$3.89m | 0.0096% $ 2.5m | |
| Head of Global Investments & CIO | less than a year | US$8.94m | 0.087% $ 22.5m | |
| VP, Head of International Equity & CIO for International Equities | 3.9yrs | US$7.04m | 0.050% $ 13.0m | |
| CEO of OHA | no data | US$12.43m | 1.07% $ 275.4m | |
| VP & COO | 2.7yrs | no data | 0.022% $ 5.8m | |
| VP, Head of Global Multi-Asset & CIO | 2.9yrs | no data | 0.016% $ 4.3m | |
| Principal Accounting Officer | 14.8yrs | no data | 0.0065% $ 1.7m | |
| Director of Investor Relations | no data | no data | no data | |
| VP & General Counsel | 16.8yrs | no data | 0.054% $ 14.0m | |
| Managing Director of Sales & Client Relations | no data | no data | no data | |
| VP & Head of Global Corporate Governance | no data | no data | no data |
3.6yrs
Average Tenure
52yo
Average Age
Experienced Management: TROW's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3yrs | US$12.84m | 0.24% $ 61.0m | |
| CEO of OHA | 3yrs | US$12.43m | 1.07% $ 275.4m | |
| Independent Director | 1.1yrs | US$334.38k | 0% $ 0 | |
| Independent Director | 14.9yrs | US$386.58k | 0.019% $ 4.8m | |
| Independent Director | 5.5yrs | US$376.77k | 0% $ 0 | |
| Independent Director | 5.5yrs | US$372.30k | 0.00085% $ 219.3k | |
| Independent Director | 8.2yrs | US$372.68k | 0.011% $ 2.9m | |
| Lead Independent Director | 9.3yrs | US$458.15k | 0% $ 0 | |
| Independent Director | 3.1yrs | US$328.63k | 0.0031% $ 792.0k | |
| Independent Director | 11yrs | US$346.55k | 0.014% $ 3.6m | |
| Independent Director | 1.9yrs | US$349.81k | 0.0011% $ 288.9k |
5.5yrs
Average Tenure
68yo
Average Age
Experienced Board: TROW's board of directors are considered experienced (5.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 11:22 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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.
| Analyst | Institution |
|---|---|
| Stephen Biggar | Argus Research Company |
| Roger Freeman | Barclays |
| Benjamin Budish | Barclays |