In 2021, William J. Stromberg earned $10.53M in total compensation at T Rowe Price Group, including $350.00K salary and $9.90M bonus. Most recently acquired 4,209 shares in May 2024. Currently holds stock worth $87.00M. Has donated $98.35M in stock to charitable causes. Led T Rowe Price Group as CEO for 5 years.
Compensation History
Annual executive compensation data for William J. Stromberg, including salary, bonuses, and stock awards.
Year
2021
Total Compensation
$10.53M
Salary
$350.00K
Bonus
$9.90M
Other
$276.94K
Salary
$350.00KBoard Justification
The compensation philosophy emphasizes performance-based pay, aligning executive compensation with the Company's financial and strategic performance, and includes a significant long-term equity component tied to stock performance.
Bonus
$9.90MBoard Justification
The bonus awarded under the 2021 AICP, reflecting the Company's financial and operating performance relative to annual goals and objectives plus individual performance and contributions.
Other Compensation
$276.94KBoard Justification
Includes contributions to retirement programs, matching contributions to stock purchase plans, matching gifts to charitable organizations, and other personal benefits.
Restricted Stock
Board Justification
No stock was vested in 2021 as the focus is on performance-based and time-based RSUs that vest over multiple years.
Performance Metrics
The performance metrics for the CEO's compensation are based on the Company's operating margin relative to peers, as well as overall financial performance and strategic goals.
William J. Stromberg
Ex-CEO of T Rowe Price Group
Sector of Economy
Financial Services
Born
July 30, 2024 - 1 years ago
CEO of T Rowe Price Group for
5 years 11 months (Jan 2016 - Dec 2021)
Previous Experience
Unknown
Holdings
Track William J. Stromberg's stock holdings and portfolio value over time.
Total Stock Sold
$19.22M
$19.22M
140,000 TROW shares
What if they kept their stock?
If William J. Stromberg didn't sell their stock, today they would have:
Extra TROW140,000 shares worth $14.79M.
This is -23.03% and $4.43M less than what they got when they sold the stock.
Charitable Transactions
930,900 shares
TROW
Recent Charitable Transactions
49,900 shares
TROW
Feb 29, 2024
Charity
5,000 shares
TROW
Nov 15, 2023
Charity
54,000 shares
TROW
Dec 23, 2022
Charity
16,000 shares
TROW
Nov 11, 2022
Charity
36,000 shares
TROW
May 13, 2022
Charity
5,000 shares
TROW
Aug 5, 2021
Charity
Insider Trading
William J. Stromberg's recent stock transactions, purchases, and sales filed with the SEC.
4,209 shares
GEHC
May 21, 2024
Received
49,900 shares
TROW
Feb 29, 2024
Charity
49,900 shares
TROW
Feb 29, 2024
Charity
19,260 shares
TROW
Feb 16, 2024
Received
5,000 shares
TROW
Nov 15, 2023
Charity
5,000 shares
TROW
Nov 15, 2023
Charity
$984.79K
TROW at $98.48/share
Nov 15, 2023
Sale
4,992 shares
GEHC
May 23, 2023
Received
23,388 shares
TROW
Feb 14, 2023
Received
54,000 shares
TROW
Dec 23, 2022
Charity
Rivals
Compare William J. Stromberg with competitor CEOs and industry peers.
Ali Dibadj
CEO of Janus Henderson Group
2023 Compensation
Stock
$1.90M
Salary
$725.00K
Bonus
$3.08M
Other
$355.56K
Total Holdings
$606.89K
Laurence D. Fink
Founder and CEO of Blackrock
2024 Compensation
Stock
$15.76M
Salary
$1.50M
Bonus
$10.57M
Other
$550.94K
Total Holdings
$662.28M
Kenneth M. Jacobs
CEO of Lazard
2023 Compensation
Stock
$12.04M
Salary
$862.50K
Bonus
$1.87M
Other
$245.14K
Total Holdings
$298.41M
Gregory E. Johnson
CEO of Franklin Resources
2023 Compensation
Stock
$2.57M
Salary
$600.00K
Bonus
$1.90M
Other
$0.00
Total Holdings
$8.87M
Peter R. Orszag
CEO of Lazard
2023 Compensation
Stock
$0.00
Salary
$787.50K
Bonus
$2.16M
Other
$90.40K
Total Holdings
$3.47M