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 3.25 years. total yearly compensation is $12.84M, comprised of 2.7% salary and 97.3% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth $48.31M. The average tenure of the management team and the board of directors is 3 years and 6.3 years respectively.
Key information
Rob Sharps
Chief executive officer
US$12.8m
Total compensation
| CEO salary percentage | 2.7% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
T. 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 01
T. 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 02Some Confidence Is Lacking In T. Rowe Price Group, Inc.'s (NASDAQ:TROW) P/E
Dec 21T. Rowe Price: This Company Is A Gem
Oct 18T. Rowe Price slides as September AUM falls by 8% to $1.23T
Oct 12T. Rowe Price reports lower AUM as of Aug. 31 on monthly basis
Sep 13T. Rowe Price: An Excellent Business At A Fair Price
Aug 16T. Rowe Price sees marginal increase in July AUM
Aug 10T. Rowe Price Non-GAAP EPS of $1.79 misses by $0.36, revenue of $1.51B misses by $170M
Jul 28T. Rowe Price AUM slides over 6% in June amid turbulent market conditions
Jul 13T. Rowe Price: High Dividend, Unclear Short-Term Future
Jul 07T. Rowe Price: An Obvious Investment Opportunity And Why I Just Went Long
Jun 06T. Rowe Price: Is It Time To Dip One's Toes In? Three Ways To Value The Stock
May 17Should You Be Adding T. Rowe Price Group (NASDAQ:TROW) To Your Watchlist Today?
May 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD13.62M).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
CEO
Rob Sharps (52 yo)
3.3yrs
Tenure
US$12,841,931
Compensation
Mr. Robert W. Sharps, also known as Rob, CFA, is Chair of the Board of T. Rowe Price Group, Inc. since May 7, 2024 and serves as its President, Chief Executive Officer and Director from January 2022. He jo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$12.84m | 0.19% $ 48.3m | |
| VP, CFO & Treasurer | 2.8yrs | US$3.89m | 0.0077% $ 1.9m | |
| Head of Global Investments & CIO | less than a year | US$8.94m | 0.078% $ 19.5m | |
| VP, Head of International Equity & CIO for International Equities | 3.3yrs | US$7.04m | 0.050% $ 12.5m | |
| CEO of OHA | no data | US$12.43m | 1.06% $ 264.0m | |
| VP & COO | 2.1yrs | no data | 0.016% $ 4.0m | |
| VP, Head of Global Multi-Asset & CIO | 2.3yrs | no data | 0.016% $ 4.0m | |
| Principal Accounting Officer | 14.2yrs | no data | 0.0064% $ 1.6m | |
| Director of Investor Relations | no data | no data | no data | |
| VP & General Counsel | 16.2yrs | no data | 0.050% $ 12.5m | |
| Head of Global Public Relations & VP | no data | no data | no data | |
| Managing Director of Sales & Client Relations | no data | no data | no data |
3.0yrs
Average Tenure
51yo
Average Age
Experienced Management: TROW's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO of OHA | 2.4yrs | US$12.43m | 1.06% $ 264.0m | |
| Independent Director | less than a year | US$334.38k | 0% $ 0 | |
| Independent Director | 14.3yrs | US$386.58k | 0.016% $ 3.9m | |
| Independent Director | 4.9yrs | US$376.77k | 0% $ 0 | |
| Independent Director | 4.9yrs | US$372.30k | 0.00085% $ 211.3k | |
| Independent Director | 7.6yrs | US$372.68k | 0.010% $ 2.5m | |
| Independent Director | 11.3yrs | US$432.75k | 0.011% $ 2.8m | |
| Lead Independent Director | 8.7yrs | US$458.15k | 0% $ 0 | |
| Non-Executive Chairman of the Board | 8.3yrs | US$450.00k | 0.42% $ 103.9m | |
| Independent Director | 2.5yrs | US$328.63k | 0.0022% $ 559.2k | |
| Independent Director | 10.4yrs | US$346.55k | 0.013% $ 3.3m | |
| Independent Director | 1.3yrs | US$349.81k | 0.0011% $ 275.9k |
6.3yrs
Average Tenure
67.5yo
Average Age
Experienced Board: TROW's board of directors are considered experienced (6.3 years average tenure).