Wednesday, March 25, 2020

T. Rowe Price CEO receives $1.5M pay increase in 2019

T. Rowe Price Group Inc. CEO William J. Stromberg saw his pay increase by more than $1.5 million following another year of growth for the Baltimore-based money manager. Stromberg’s pay totaled $14.6 million in 2019, up 11.5% from the $13.1 million he made in 2018, according to T. Rowe Price’s proxy statement filed Wednesday. A committee of Baltimore-based T. Rowe Price’s board members recommended the increase. The largest portion of Stromberg’s pay is the $8.5 million cash bonus he received as…



from https://www.bizjournals.com/baltimore/news/2020/03/25/t-rowe-price-ceo-receives-1-5m-pay-increase-in.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/613598752746389504

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