Asset Management
T. Rowe Price Group, Inc. Executive Compensation (FY25)
TROW · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 11, 2026
201 figures on this page: 192 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Total compensation for Robert Sharps, Chair, Chief Executive Officer, and President, came to $17,245,792 in fiscal 2025, and Sharps' total moved 11.1% lower from the $19,389,829 reported for fiscal 2024. For fiscal 2025, the company reported a chief executive pay ratio of 101:1, against median employee compensation of $170,274. The say-on-pay proposal drew 86.8% support at the meeting held May 7, 2026 for fiscal 2025. The disclosed peer group includes Affiliated Managers Group, Inc., AllianceBernstein L.P., Ameriprise Financial, Inc., BlackRock Inc. and Charles Schwab Corporation, among others.
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Glenn August Chief Executive Officer of OHA | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Robert Sharps Chief Executive Officer and President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Robert Higginbotham Head of Global Distribution | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jennifer Dardis Chief Financial Officer and Vice President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Eric Veiel Head of Global Equity and Chief Investment Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Robert Sharps Chief Executive Officer and President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Glenn August Chief Executive Officer of OHA | ◇ | — | ◇ | — | ◇ | — | ◇ | — not reconciled |
Robert Higginbotham Head of Global Distribution | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Eric Veiel Head of Global Equity and Chief Investment Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jennifer Dardis Chief Financial Officer and Vice President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Eric L. Veiel | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jennifer B. Dardis | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Robert W. Sharps | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Sébastien Page | PSU | ◇ | — | ◇ | ◇ | ◇ | — | ◇ |
Fiscal 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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Jennifer Dardis | RSU | ◇ | ◇ | — | — |
| Sébastien Page | RSU | ◇ | ◇ | — | — |
| Eric Veiel | RSU | ◇ | ◇ | — | — |
| Robert Sharps | RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
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.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 7, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 8, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 7, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 9, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 10, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 11, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 12, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | April 25, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | April 26, 2018 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact T. Rowe Price Group, Inc. disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where T. Rowe Price Group, Inc. sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
201 figures on this page: 192 cited to the filing that reported them, 9 calculated from figures it prints.
192 cited to the filing
9 calculated from the filing
Documents cited
- 0001628280-26-033420Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-26-0288762025 Director Compensation · 2025 Grants of Plan-Based Awards Table · Compensation of Directors · Outstanding Equity Awards Table at · and 1 more section
- 0001113169-25-000018Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-25-028002Summary Compensation Table
- 0001113169-24-000015Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-24-035429Summary Compensation Table
- 0001113169-23-000016Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-23-034918Summary Compensation Table
- 0001113169-22-000013Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001113169-21-000011Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001113169-20-000024Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001113169-19-000018Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001113169-18-000016Item 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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Asset Management rankings
Peers T. Rowe Price Group, Inc. discloses
The companies named in TROW's own disclosed peer group.
Terms on this page
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}
}