Robert W. Sharps is the CEO and President of T. Rowe Price Group, a major player in the investment management industry. He started working at T. Rowe Price in 1997 and has a solid background in investments, having first been...

Current Market Cap

$26.34B

Number of Employees

7.93K

Total Compensation

2022 - 2023

Trending down by -8.26% last year
Showing total compensation for the last 2022 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Down by -8.75% last year

Other

Up by 3.82% last year

Year

2023

Total Compensation

$7.74M

Salary

$350.00K

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with the company's strategic objectives and performance metrics, while maintaining competitive compensation levels to attract and retain talent.

Bonus

$7.30M

Board Justification

The annual incentive payment under the 2023 AICP based on performance metrics established by the Compensation Committee.

Other

$91.83K

Board Justification

Includes contributions to retirement programs, matching contributions to stock purchase plans, matching gifts to charitable organizations, and other personal benefits.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the focus is on performance-based RSUs which vest in future years.

Performance Metrics

The performance metrics include overall corporate performance, individual goals, and financial stability of T. Rowe Price.

SEC Filing

From March 18, 2024