Price T Rowe Group CEO William Stromberg's 2018 pay rises 12% to $13M
Price T Rowe Group reports 2018 executive compensation
By ExecPay News
Published: March 14, 2019
Price T Rowe Group reported fiscal year 2018 executive compensation information on March 14, 2019.
In 2018, six executives at Price T Rowe Group received on average a compensation package of $7.9M, a 3% decrease compared to previous year.
William J. Stromberg, Chief Executive Officer, received $13M in total, which increased by 12% compared to 2017. 63% of Stromberg's compensation, or $8.2M, was in non-equity incentive plan. Stromberg also received $350K in salary, $4.5M in stock awards, as well as $87K in other compensation.
Robert W. Sharps, Chief Investment Officer, received a compensation package of $13M, which increased by 17% compared to previous year. 64% of the compensation package, or $8.1M, was in non-equity incentive plan.
Christopher D. Alderson, Co, Head of Global Equity, earned $9.5M in 2018, a 16% increase compared to previous year.
Edward C. Bernard, Chairman, received $8.6M in 2018, which increases by 7% compared to 2017.
Céline S. Dufétel, Chief Financial Officer, earned $3.8M in 2018.
Kenneth V. Moreland, Chief Financial Officer, received $65K in 2018, which decreases by 97% compared to 2017.
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