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T. Rowe Price Group, Inc. Executive Compensation (FY25)

TROW · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Robert Sharps
Latest say-on-pay support
=
May 7, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 22, 2026Latest filing (8-K): May 11, 2026
13 filings cited on this page
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199 figures on this page: 190 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Robert Sharps: $19,389,829 → $17,245,792 (11.1% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is T. Rowe Price Group, Inc.'s chief executive and what were they paid?
Total compensation for Robert Sharps, Chair, Chief Executive Officer, and President, came to $17,245,792 in fiscal 2025. Sharps' total moved 11.1% lower from the $19,389,829 reported for fiscal 2024.
What was T. Rowe Price Group, Inc.'s say-on-pay result?
The say-on-pay proposal drew 86.8% support at the meeting held May 7, 2026 for fiscal 2025.
Which companies are in T. Rowe Price Group, Inc.'s peer group?
The disclosed peer group includes Affiliated Managers Group, Inc., AllianceBernstein L.P., Ameriprise Financial, Inc., BlackRock Inc. and Charles Schwab Corporation, among others.
What is T. Rowe Price Group, Inc.'s chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 101:1, against median employee compensation of $170,274.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Robert Sharps
Chief Executive Officer and President
◇—◇—◇—◇◇
Glenn August
Chief Executive Officer of OHA
◇—————◇◇
Eric Veiel
Head of Global Equity and Chief Investment Officer
◇—◇—◇—◇◇
Justin Thomson
Head of International Equity and CIO
◇—◇—◇—◇◇
Jennifer Dardis
Chief Financial Officer and Vice President
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Robert Sharps
Chief Executive Officer and President
◇—◇—◇—◇◇
Glenn August
Chief Executive Officer of OHA
◇—————◇◇
Eric Veiel
Head of Global Equity and Chief Investment Officer
◇—◇—◇—◇◇
Jennifer Dardis
Chief Financial Officer and Vice President
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Robert Sharps
Chair, Chief Executive Officer and President
◇—◇—◇—◇◇
Eric Veiel
Head of Global Investments and Chief Investment Officer
◇—◇—◇—◇◇
Glenn August
Chief Executive Officer of Oak Hill Advisors, L.P.
◇—————◇◇
Josh Nelson
Head of Global Equity
◇—◇—◇—◇◇
Jennifer Dardis
Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Robert Sharps
Chair, Chief Executive Officer, and President
◇—◇—◇—◇◇
Eric Veiel
Head of Global Investments and Chief Investment Officer
◇—◇—◇—◇◇
Glenn August
Chief Executive Officer of Oak Hill Advisors L.P.
◇—————◇◇
Sébastien Page
Head of Global Multi-Asset and Chief Investment Officer
◇—◇—◇—◇◇
Jennifer Dardis
Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Eric L. VeielPSU◇—◇—◇—◇
Jennifer B. DardisPSU◇—◇—◇—◇
Robert W. SharpsPSU◇—◇—◇—◇
Sébastien PagePSU◇—◇—◇—◇
Fiscal 2022, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Robert SharpsRSU◇◇——
Eric VeielRSU◇◇——
Sébastien PageRSU◇◇——
Jennifer DardisRSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Eric Veiel
Head of Global Investments and Chief Investment Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Equity acceleration on change in control◇
Jennifer Dardis
Chief Financial Officer and Treasurer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Equity acceleration on change in control◇
Robert Sharps
Chair, Chief Executive Officer, and President · Terms as described in the company’s compensation discussion · citing a 2026 filing
Equity acceleration on change in control◇
Sébastien Page
Head of Global Multi-Asset and Chief Investment Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Equity acceleration on change in control◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Alan D. Wilson
Lead independent director
—◇————◇
Robert J. Stevens
—◇————◇
Robert F. MacLellan
—◇———◇◇
Sandra S. Wijnberg
—◇———◇◇
Dina Dublon
◇◇———◇◇
William P. Donnelly
—◇———◇◇
Mark S. Bartlett
◇◇———◇◇
Cynthia F. Smith
◇◇————◇
Richard R. Verma
◇◇———◇◇
Allan C. Golston
◇◇———◇◇
Eileen P. Rominger
◇◇————◇
Robert W. Sharps and Glenn R. August served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as RSAs or RSUs.
Stock ownership guideline: 5x annual cash retainer ($500,000)

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Affiliated Managers Group, Inc. AMG
  • AllianceBernstein L.P. AB
  • Ameriprise Financial, Inc. AMP
  • BlackRock Inc. BLK
  • Charles Schwab Corporation SCHW
  • Federated Investors FMN
  • Franklin Resources, Inc. BEN
  • Goldman Sachs Asset Management GS
  • Invesco Ltd. IVZ
  • Janus Henderson Group JHG
  • Northern Trust NTRS

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 7, 2026=◇◇◇
2024May 8, 2025=◇◇◇
2023May 7, 2024=◇◇◇
2022May 9, 2023=◇◇◇
2021May 10, 2022=◇◇◇
2020May 11, 2021=◇◇◇
2019May 12, 2020=◇◇◇
2018April 25, 2019=◇◇◇
2017April 26, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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- Robert Sharps (Chair, Chief Executive Officer, and President), FY2025 total compensation $17,245,792 (base salary $350,000) [exec_comp, SEC accession 0001104659-26-028876, filed 2026-03-17]

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What this page does not include

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Peer benchmarking
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
199 figures on this page: 190 cited to the filing that reported them, 9 calculated from figures it prints.
190 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001628280-26-033420
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001104659-26-028876
    2025 Director Compensation · 2025 Grants of Plan-Based Awards Table · Compensation Discussion and Analysis · Compensation of Directors · and 2 more sections
  3. 0001113169-25-000018
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001104659-25-028002
    Summary Compensation Table
  5. 0001113169-24-000015
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001104659-24-035429
    Summary Compensation Table
  7. 0001113169-23-000016
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001104659-23-034918
    Summary Compensation Table
  9. 0001113169-22-000013
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001113169-21-000011
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001113169-20-000024
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001113169-19-000018
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001113169-18-000016
    Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “T. Rowe Price Group, Inc. executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/TROW (accessed 2026).
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13 filings cited on this page
Method: intel.velarion.ai/methodology
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Asset Management rankings

Chief executive pay — Asset ManagementCEO pay ratio — Asset ManagementSay-on-pay support — Asset Management

Peers T. Rowe Price Group, Inc. discloses

The companies named in TROW's own disclosed peer group.

Affiliated Managers Group, Inc.AllianceBernstein L.P.Ameriprise Financial, Inc.BlackRock Inc.Charles Schwab CorporationFranklin Resources, Inc.Goldman Sachs Asset ManagementInvesco Ltd.Janus Henderson GroupNorthern Trust

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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