8-K
filed July 29, 2021, 7:59 PM ET
ticker TROW
CIK 0001113169
leadership
confidence high
sentiment neutral
materiality 0.70
T. Rowe Price CEO Stromberg to retire Dec 31, 2021; Sharps to succeed Jan 1, 2022
PRICE T ROWE GROUP INC
- CEO Bill Stromberg to retire Dec 31, 2021; remains non-executive Chair of the Board.
- President Rob Sharps to become CEO and join Board effective Jan 1, 2022.
- CFO/COO Céline Dufétel resigns July 31, 2021; Jen Dardis to become CFO and treasurer Aug 1.
- Robert Higginbotham named interim COO effective Aug 1, 2021.
- Eric Veiel to head Global Equity; Josh Nelson to head U.S. Equity and join Management Committee Jan 1, 2022.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Céline Dufétel resigned as Chief Operating Officer at PRICE T ROWE GROUP INC.
- Action
- resigned
- Role
- Chief Operating Officer
Exact text from the filing
Céline Dufétel, the Company's Chief Financial Officer (CFO), Chief Operating Officer (COO) and Treasurer, will resign from these roles on July 31, 2021.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Robert C.T. Higginbotham was appointed as interim Chief Operating Officer at PRICE T ROWE GROUP INC.
- Action
- appointed
- Role
- interim Chief Operating Officer
Exact text from the filing
The Board of Directors has appointed Robert C.T. Higginbotham, the Company's Vice President and Head of Global Distribution, as interim COO, effective August 1, 2021.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Robert W. Sharps was appointed as Chief Executive Officer at PRICE T ROWE GROUP INC.
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
The Board of Directors intends to appoint Robert W. Sharps, the Company's President, Head of Investments, Group Chief Investment Officer (CIO), to succeed Mr. Stromberg as CEO, and chair of the Management Committee, effective January 1, 2022.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jennifer B. Dardis was appointed as Chief Financial Officer and Treasurer at PRICE T ROWE GROUP INC.
- Action
- appointed
- Role
- Chief Financial Officer and Treasurer
Exact text from the filing
The Board of Directors has appointed Jennifer B. Dardis, the Company's Vice President and Head of Finance, as CFO and Treasurer, effective August 1, 2021.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Céline Dufétel resigned as Chief Financial Officer and Treasurer at PRICE T ROWE GROUP INC.
- Action
- resigned
- Role
- Chief Financial Officer and Treasurer
Exact text from the filing
Céline Dufétel, the Company's Chief Financial Officer (CFO), Chief Operating Officer (COO) and Treasurer, will resign from these roles on July 31, 2021.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
William J. Stromberg changed role as Chief Executive Officer and Chair of the Board at PRICE T ROWE GROUP INC.
- Action
- retire
- Role
- Chief Executive Officer and Chair of the Board
Exact text from the filing
William J. Stromberg, the Company's Chair of the Board of Directors, Chief Executive Officer (CEO) and chair of the Company’s Management Committee, will retire from the Company on December 31, 2021.
View on SEC.gov
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