Thursday, March 14, 2019

T. Rowe Price CEO receives 12 percent increase in pay in 2018

T. Rowe Price Group Inc. CEO William J. Stromberg received a 12 percent increase in pay after steering the money manager to another year of increased revenue and earnings. Stromberg’s compensation totaled $13.1 million in 2018, up from $11.7 million the prior year, according to T. Rowe Price’s proxy statement filed on Thursday. A committee of Baltimore-based T. Rowe Price’s board recommended the increase. The largest portion of Stromberg’s pay, $8.2 million, was a cash bonus from T. Rowe Price's…



from https://www.bizjournals.com/baltimore/news/2019/03/14/t-rowe-price-ceo-receives-12-percent-increase-in.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/183451764837

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