Monday, March 20, 2017

T. Rowe Price CEO takes home $9 million in first year

William J. Stromberg made $9.08 million in his first year as CEO of T. Rowe Price Group Inc. Stromberg, who succeeded James A.C. Kennedy as CEO at the beginning of 2016, saw his compensation rise 7.5 percent from $8.4 million the year before when he headed global equity and global equity research, according to a proxy statement filed by the Baltimore money manager Friday. Most of increase came from a $1 million boost in Stromberg’s stock awards, which rose to $1.8 million in 2016 from $807,923…



from http://www.bizjournals.com/baltimore/news/2017/03/20/t-rowe-price-ceo-takes-home-9-million-in-first.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/158635715072

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