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 an analyst focused on financial services stocks. Over the years, he climbed the ranks, leading portfolio management and later heading global equity investments. In 2021, he took on the role of CEO, showcasing his commitment to driving the company’s growth and strategy. Under his leadership, T. Rowe Price continues to see strong investment performance, which is crucial in attracting and retaining clients. Sharps emphasizes a team-oriented culture that values collaboration and diversity, aiming to create an inclusive environment for employees. His recent compensation reflects his vital role in the company's success, with significant bonuses tied to performance metrics. This shows that the company aligns executive pay with actual outcomes, which is a smart move.

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Robert W. Sharps

CEO of T Rowe Price Group

Sector of Economy

Financial Services

Born

July 30, 2024 - 0 years ago

CEO of T Rowe Price Group for

3 years 3 months (Jan 2022 - Present)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Robert W. Sharps

Ali Dibadj

CEO of Janus Henderson Group

2023 Compensation

Stock

$1.90M

Salary

$725.00K

Bonus

$3.08M

Other

$355.56K

Total Holdings

$635.28K

Laurence D. Fink

Founder and CEO of Blackrock

2023 Compensation

Stock

$4.03M

Salary

$1.50M

Bonus

$7.90M

Other

$1.09M

Total Holdings

$290.93M

Kenneth M. Jacobs

CEO of Lazard

2023 Compensation

Stock

$12.04M

Salary

$862.50K

Bonus

$1.87M

Other

$245.14K

Total Holdings

$79.73M

Gregory E. Johnson

CEO of Franklin Resources

2023 Compensation

Stock

$2.57M

Salary

$600.00K

Bonus

$1.90M

Other

$0.00

Total Holdings

$108.46M

Peter R. Orszag

CEO of Lazard

2023 Compensation

Stock

$0.00

Salary

$787.50K

Bonus

$2.16M

Other

$90.40K

Total Holdings

$2.91M

Holdings

See how much did Robert W. Sharps make over time.

As CEO of T. Rowe Price Group, Robert W. Sharps has had significant involvement in insider trading activities, with a notable peak in his stock holdings. In March 2021, the total value of his holdings reached approximately $96.38 million, showcasing the confidence investors had in his leadership at the time. However, over the years, fluctuations occurred. For instance, by February 2023, his holdings dropped to around $56.78 million, reflecting market dynamics or strategic decision-making on his part. With an average value around the $54-$68 million mark in recent years, Sharp's wealth in stock aligns closely with T. Rowe Price's performance, indicating the potential upsides and downsides of being tied to a single company's success.

Mar 18, 2025

TROW @ $93.60

Total Stock Sold

$11.62M

TROW

$11.62M

91,645 TROW shares

What if they kept their stock?

If Robert W. Sharps didn't sell their stock, today they would have:
Extra TROW91,645 shares worth $9.64M.
This is -17.07% and $1.98M less than what they got when they sold the stock.

Charitable Transactions

TROW

18,356.215 shares

TROW

Recent Charitable Transactions

TROW

2,000 shares

TROW

Nov 25, 2024

Charity

TROW

2,000 shares

TROW

Dec 27, 2022

Charity

TROW

2,000 shares

TROW

Aug 26, 2021

Charity

TROW

3,000 shares

TROW

Dec 16, 2020

Charity

TROW

1,606.215 shares

TROW

Aug 19, 2020

Charity

TROW

1,500 shares

TROW

Dec 16, 2019

Charity

Insider Trading

See recent insider trades of Robert W. Sharps.

TROW

$12.75K

TROW at $115.40/share

Jan 15, 2025

Received

TROW

$2.37M

TROW at $61.91/share

Dec 4, 2024

Received

TROW

2,000 shares

TROW

Nov 25, 2024

Charity

TROW

$47.65K

TROW at $114.72/share

Nov 25, 2024

Received

TROW

$985.01K

TROW at $53.99/share

Feb 16, 2024

Received

TROW

$1.40M

TROW at $54.26/share

Dec 5, 2023

Received

TROW

$1.75K

TROW at $112.82/share

Feb 28, 2023

Received

TROW

20,491 shares

TROW

Feb 14, 2023

Received

TROW

$1.75K

TROW at $114.98/share

Feb 2, 2023

Received

TROW

$11.06K

TROW at $111.04/share

Dec 27, 2022

Received

Compensation History

See how much did Robert W. Sharps make over time.

In 2023, Robert W. Sharps earned a total compensation of about $12.84 million, which includes a salary of $350,000 and a bonus of $7.3 million. The bonus is based on company performance metrics, emphasizing the pay-for-performance philosophy of T. Rowe Price Group. He has also received stock grants, though performance-based RSUs dominate his compensation structure, meant to align his interests with those of shareholders. This reflects a solid strategy to keep executives focused on long-term success rather than just immediate payouts. The company has consistently maintained this approach, ensuring that executive fees are closely linked to the broader financial health and operational success of T. Rowe Price.

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.

Other T Rowe Price Group CEOs

Here are other CEOs of T Rowe Price Group

William J. Stromberg

Ex-CEO of T Rowe Price Group

January 2016 - December 2021