People: T. Rowe Price Group Inc (TROW.O)
TROW.O on Nasdaq
78.89USD
12:00pm EDT
78.89USD
12:00pm EDT
Price Change (% chg)
$0.53 (+0.68%)
$0.53 (+0.68%)
Prev Close
$78.36
$78.36
Open
$78.99
$78.99
Day's High
$79.41
$79.41
Day's Low
$78.43
$78.43
Volume
630,713
630,713
Avg. Vol
1,360,951
1,360,951
52-wk High
$79.59
$79.59
52-wk Low
$54.47
$54.47
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Brian Rogers |
57 | 2009 | Chairman of the Board, Vice President |
James Kennedy |
59 | 2007 | President, Chief Executive Officer, Director |
Edward Bernard |
57 | 2012 | Vice Chairman of the Board, Head - Distribution and Client Service, Vice President |
Kenneth Moreland |
56 | 2010 | Chief Financial Officer, Vice President, Treasurer |
Jessica Hiebler |
37 | 2010 | Vice President, Principal Accounting Officer; Vice President of T. Rowe Price Associates |
Christopher Alderson |
50 | 2012 | Vice President, Head - International Equities |
Michael Gitlin |
42 | 2012 | Vice President, Head - Fixed Income |
John Linehan |
48 | 2012 | Vice President, Head - U.S. Equities |
William Stromberg |
52 | 2012 | Vice President, Head - Global Equities |
James Brady |
72 | 2003 | Independent Director |
Mary Bush |
64 | 2012 | Independent Director |
Donald Hebb |
70 | 2011 | Independent Director |
Freeman Hrabowski |
62 | 2013 | Independent Director |
Robert MacLellan |
58 | 2010 | Independent Director |
Alfred Sommer |
70 | 2003 | Independent Director |
Dwight Taylor |
68 | 2004 | Independent Director |
Anne Whittemore |
66 | 2008 | Independent Director |
Biographies
| Name | Description |
|---|---|
Brian Rogers |
Mr. Brian C. Rogers is Chairman of the Board, Vice President of T. Rowe Price Group, Inc. He has been a director of Price Group since 1997, the chairman of the board since 2007, the chief investment officer since 2004, a vice president since 1985, and an employee since 1982. He is a member of the Executive Committee, a director or trustee of 28 Price funds, and the president of three of the Price funds. His other responsibilities include serving on the Equity, Fixed Income, and International Steering Committees as well as the Asset Allocation, Proxy, and Management Committees. Prior to joining the firm in 1982, Mr. Rogers was employed by Bankers Trust Company. Mr. Rogers earned an A.B. from Harvard University and an M.B.A. from Harvard Business School. Mr. Rogers earned his Chartered Financial Analyst and Certified Insurance Counselor designations in 1985. |
James Kennedy |
Mr. James A. C. Kennedy is President, Chief Executive Officer, Director of T. Rowe Price Group, Inc. He has been a director of Price Group since 1996, the chief executive officer and president since 2007, the director of the equity division of Price Associates from 1997 through 2006, the director of equity research from 1987 through 1999, a vice president since 1981, and an employee since 1978. He is the chairman of the Executive Committee, the Management Committee and the Management Compensation Committee. Mr. Kennedy served as a director or trustee of 23 of the Price funds until April 2006. He has 35 years of investment experience, 34 of which have been at T. Rowe Price. Prior to joining the firm in 1978, Mr. Kennedy was employed by General Electric and participated in its financial management training program. Mr. Kennedy earned an A.B. from Princeton University and an M.B.A. from Stanford University, Graduate School of Business. He earned the Chartered Financial Analyst designation. |
Edward Bernard |
Mr. Edward C. Bernard is Vice Chairman of the Board, Head - Distribution and Client Service, Vice President of T. Rowe Price Group, Inc. He has been a director of Price Group since 1999, the vice chairman since 2007, a vice president since 1989, and an employee since 1988. He has overseen the firm’s marketing, distribution, client service, technology, and communications activities since 2006. Mr. Bernard is chairman of the board of all of the 61 Price funds on which he serves as a director or trustee. Mr. Bernard has 22 years of experience in the investment management industry, all of which have been with T. Rowe Price. In addition to his responsibilities at T. Rowe Price, Mr. Bernard serves as chairman of the Board of Governors of the Investment Company Institute, the national trade association for the mutual fund industry. Mr. Bernard received his B.A. from Brown University and an M.B.A. from New York University. |
Kenneth Moreland |
Mr. Kenneth V. Moreland is Chief Financial Officer, Vice President, Treasurer of T. Rowe Price Group, Inc. Mr. Moreland is Chief Financial Officer and a Vice President since 2004. Mr. Moreland assumed the Treasurer position in 2010. |
Jessica Hiebler |
Ms. Jessica M. Hiebler is Vice President, Principal Accounting Officer of T. Rowe Price Group, Inc., and Vice President of T. Rowe Price Associates, a subsidiary of the company. Ms. Hiebler has been a Vice President of T. Rowe Price Group since 2009 and a Vice President of T. Rowe Price Associates since she joined the firm in 2005. She was formerly a Vice President at Constellation Energy Commodities Group from 2004 – 2005. Ms. Hiebler is a Certified Public Accountant in the State of Maryland. |
Christopher Alderson |
Mr. Christopher D. Alderson is Vice President, Head - International Equities of T. Rowe Price Group, Inc. He is Head of International Equities since 2009 and a Vice President since 2002. |
Michael Gitlin |
Mr. Michael C. Gitlin is Vice President, Head - Fixed Income of T Rowe Price Group Inc. Mr. Gitlin was Head of U.S. Equity Sales for Citigroup Global Markets from 2005 to 2007. |
John Linehan |
Mr. John D. Linehan is Vice President, Head - U.S. Equities of T. Rowe Price Group, Inc. He is Vice President since 2001. |
William Stromberg |
Mr. William J. Stromberg is Vice President, Head - Global Equities of T Rowe Price Group Inc. He is Vice President since 1990. |
James Brady |
Mr. James T. Brady is Independent Director of T. Rowe Price Group, Inc. He is the chairman of the Audit Committee and a member of the Executive Compensation Committee. He has been the Mid-Atlantic Managing Director of Ballantrae International, Ltd., a management consulting firm, since 1999. From May 1995 through April 1998, Mr. Brady served as the Secretary of Maryland’s Department of Business and Economic Development. Prior to his service as Secretary, Mr. Brady was employed by Arthur Andersen LLP, an international accounting and consulting firm, for 33 years, the last 17 as Managing Partner of the Long Island and Baltimore offices. Mr. Brady is a director and chairman of the Audit Committees of Constellation Energy Group, a diversified energy company; and McCormick & Company, Inc., a manufacturer, marketer, and distributor of spices and seasonings. Mr. Brady graduated from Iona College with a Bachelor of Business Administration degree and holds honorary doctorate degrees from Iona College, Stevenson University and Loyola University Maryland. |
Mary Bush |
The Hon. Mary K. Bush has been appointed as Independent Director of T. Rowe Price Group, Inc., effective October 22, 2012. Ms. Bush has served as the president of Bush International, LLC, which advises U.S. corporations and foreign governments on international capital markets, and strategic business and economic matters, since 1991. She is also a senior managing director of Brock Capital Group, a corporate advisory and consulting firm. Previously, Ms. Bush has served as head of the Federal Home Loan Bank System, head of international finance at Fannie Mae, and the U.S. government's representative on the International Monetary Fund Board. Ms. Bush serves on the boards of directors of Discover Financial Services, ManTech International Corporation, and Marriott International, Inc., and until recently, she served on the board of directors of the Pioneer Family of Mutual Funds. Ms. Bush holds a Master of Business Administration degree in finance from the University of Chicago and a Bachelor of Arts degree in economics and political science from Fisk University. |
Donald Hebb |
Mr. Donald B. Hebb, Jr., is Independent Director of T. Rowe Price Group, Inc. He has been an independent director of Price Group since 1999, is chairman of the Executive Compensation Committee, and serves on the Executive Committee and the Nominating and Corporate Governance Committee. He has served as the Lead Director of the Board since April 2008. Mr. Hebb is the chairman and a founding partner of ABS Capital Partners, a private equity firm where he has been associated since 1990. Prior to ABS Capital Partners, Mr. Hebb was employed by Alex. Brown & Sons Incorporated, where he served as president and chief executive officer from 1986 to 1991. Before becoming president, Mr. Hebb held a variety of positions in his 20 years with Alex. Brown, including head of Corporate Finance. Mr. Hebb holds a B.A. from Kenyon College, a J.D. from Harvard Law School, and an M.B.A. from Harvard Business School. |
Freeman Hrabowski |
Dr. Freeman A. Hrabowski, III, Ph.D., has been appointed as Independent Director of T. Rowe Price Group, Inc. Dr. Hrabowski serves on the boards of directors of McCormick & Company, Incorporated and the Baltimore Equitable Society. He also serves on numerous civic boards, including the Alfred P. Sloan Foundation, the Urban Institute, the Marguerite Casey Foundation, and the France-Merrick Foundation. In addition, he serves as a consultant to the National Science Foundation, the National Institutes of Health, and the National Academies, and is the chair of the newly created President's Advisory Commission on Educational Excellence for African Americans. Dr. Hrabowski holds a Ph.D. in higher education administration and statistics and a Master of Arts degree in mathematics from the University of Illinois at Urbana-Champaign. He also holds a Bachelor of Arts degree in mathematics from Hampton Institute (now Hampton University). |
Robert MacLellan |
Mr. Robert F. MacLellan is Independent Director of T. Rowe Price Group, Inc. He was elected an independent director of Price Group on September 8, 2010, and was appointed to serve on the Executive Compensation Committee. Mr. MacLellan has been the non-executive chairman of Northleaf Capital Partners, Canada’s independent global private equity fund manager and advisor, since November 2009. From 2003 to November, 2009, Mr. MacLellan served as chief investment officer of TD Bank Financial Group where he was responsible for overseeing the management of investments for The Toronto-Dominion Bank, its Employee Pension Fund, TD Mutual Funds, and TD Capital Group. Mr. MacLellan serves on the board of directors of Ace Aviation Holdings Inc., an investment company which holds an interest in Air Canada; and Maple Leaf Sports and Entertainment Ltd., owners of sports teams and arenas in Toronto. He also serves on the advisory committee of Toronto-based Birch Hill Equity Partners and on the board of the United Way of Greater Toronto. Mr. MacLellan holds an M.B.A. from Harvard University, a B.Comm. from Carleton University, and is a Chartered Accountant. |
Alfred Sommer |
Dr. Alfred Sommer, M.D., is Independent Director of T. Rowe Price Group, Inc. He serves on the Executive Compensation and Nominating and Corporate Governance Committees. Dr. Sommer designed and led research programs around the world, and in 1980 returned to The Johns Hopkins University where he founded the Dana Center for Preventive Ophthalmology. From 1990 to 2005, Dr. Sommer served as the Dean of The Johns Hopkins Bloomberg School of Public Health. He remains Professor of International Health and Epidemiology, and Dean Emeritus of the School of Public Health, and Professor of Ophthalmology in the School of Medicine. He served for a decade on the Executive Committee of the Board of the Academy for Educational Development (AED), as President of the Association of Schools of Public Health, as chair of the Audit Committee, and, since 2007, chair of the Board of the Lasker Foundation. Dr. Sommer was chair of the Micronutrient Forum for nearly 20 years and is the senior medical advisor for Helen Keller International. Dr. Sommer has been a member of the Board of Becton Dickinson & Company, a medical technology company, since 1997, where he has served on the Executive, Audit, and the Nominating and Governance Committees and chairs the Committee on Scientific and Corporate Affairs. Dr. Sommer is a graduate of Union College, received his Medical degree from Harvard Medical School, and his degree in Epidemiology from The Johns Hopkins University. He is an elected member of both the National Academy of Sciences and the Institute of Medicine. |
Dwight Taylor |
Mr. Dwight S. Taylor is Independent Director of T. Rowe Price Group, Inc. He a member of the Audit and the Executive Compensation Committees. Now retired, he was President of COPT Development & Construction Services, a commercial real estate development firm which is a division of Corporate Office Properties Trust, from 1999-2009. He served on the National Board of the National Association of Industrial & Office Properties (NAIOP) until 2009, is the past President of its Maryland chapter, and also serves as a Trustee of the NAIOP Research Foundation. Mr. Taylor is a founding member of the Associated Black Charities of Maryland and currently serves on the Board of Trustees of the Baltimore Polytechnic Institute Foundation, Capitol College, and the YMCA of Central Maryland. He also is a member of the Health Advisory Board of The Johns Hopkins Bloomberg School of Public Health. Mr. Taylor has been a director of MICROS Systems, Inc., a provider of information technology for the hospitality and retail industry, since 1997, where he serves on the Compensation and Nominating Committees, and has previously served on the Audit Committee. Mr. Taylor graduated from Lincoln University with a Bachelors of Arts degree in Economics. |
Anne Whittemore |
Ms. Anne Marie Whittemore is Independent Director of T. Rowe Price Group, Inc. She is the chairperson of the Nominating and Corporate Governance Committee, and serves on the Executive Compensation Committee. Ms. Whittemore is a partner in the law firm of McGuireWoods LLP, and is a director and chair of the Compensation and Benefits Committee of Owens & Minor, Inc., a distributor of medical and surgical supplies, and a director and chair of the Executive Compensation Committee of Albemarle Corporation, a manufacturer of specialty chemicals. Ms. Whittemore served on the board of the Federal Reserve Bank of Richmond from 1989 to 1993 and as chair of the board from 1991 to 1993. She has served previously on other public company boards, including as a member of their Audit and Finance Committees. Ms. Whittemore received her B.A. degree in Political Science from Vassar College and a J.D. degree from Yale Law School. She received honorary doctor of law degrees from the University of Richmond and The Citadel. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Brian Rogers |
8,327,520 |
James Kennedy |
8,436,500 |
Edward Bernard |
7,506,520 |
Kenneth Moreland |
1,540,120 |
Jessica Hiebler |
-- |
Christopher Alderson |
-- |
Michael Gitlin |
-- |
John Linehan |
-- |
William Stromberg |
7,135,190 |
James Brady |
-- |
Mary Bush |
-- |
Donald Hebb |
-- |
Freeman Hrabowski |
-- |
Robert MacLellan |
-- |
Alfred Sommer |
-- |
Dwight Taylor |
-- |
Anne Whittemore |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Brian Rogers |
869,834 | 27,455,800 |
James Kennedy |
988,441 | 33,800,780 |
Edward Bernard |
758,056 | 22,504,860 |
Kenneth Moreland |
50,000 | 1,426,160 |
Jessica Hiebler |
0 | 0 |
Christopher Alderson |
0 | 0 |
Michael Gitlin |
0 | 0 |
John Linehan |
0 | 0 |
William Stromberg |
64,394 | 1,949,800 |
James Brady |
0 | 0 |
Mary Bush |
0 | 0 |
Donald Hebb |
0 | 0 |
Freeman Hrabowski |
0 | 0 |
Robert MacLellan |
0 | 0 |
Alfred Sommer |
0 | 0 |
Dwight Taylor |
0 | 0 |
Anne Whittemore |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
STROMBERG WILLIAM J |
79,857 | $75.19 |
STROMBERG WILLIAM J |
7,000 | $0.00 |
STROMBERG WILLIAM J |
123 | $74.05 |
BRADY JAMES T |
1,250 | $0.00 |
HEBB DONALD B JR |
1,250 | $0.00 |
TAYLOR DWIGHT S |
1,250 | $0.00 |
BUSH MARY K |
1,250 | $0.00 |
SOMMER ALFRED E |
1,250 | $0.00 |
WHITTEMORE ANNE MARIE |
1,250 | $0.00 |
ALDERSON CHRISTOPHER D |
29,436 | $74.44 |
ALDERSON CHRISTOPHER D |
110 | $73.54 |
ALDERSON CHRISTOPHER D |
9,186 | $37.84 |
ALDERSON CHRISTOPHER D |
6,428 | $54.07 |
ALDERSON CHRISTOPHER D |
20,754 | $50.24 |
SOMMER ALFRED E |
5,078 | $25.25 |
SOMMER ALFRED E |
5,078 | $74.99 |
BUSH MARY K |
21 | $74.15 |
HRABOWSKI FREEMAN A III |
22 | $74.15 |
MACLELLAN ROBERT F |
22 | $74.15 |
BROADDUS J ALFRED JR |
80 | $74.15 |
SOMMER ALFRED E |
54 | $74.15 |
TAYLOR DWIGHT S |
80 | $74.15 |
GITLIN MICHAEL C |
49 | $71.70 |
KENNEDY JAMES A C III |
24 | $71.70 |
KENNEDY JAMES A C III |
235,000 | $0.00 |

