---
schema_version: "secwatch.filing_event.v1"
accession: "0001113169-21-000026"
form_type: "8-K"
ticker: "TROW"
cik: "0001113169"
company_name: "PRICE T ROWE GROUP INC"
filed_at: "2021-07-29T23:59:59+00:00"
generated_at: "2026-06-30T00:45:21.946948+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# T. Rowe Price CEO Stromberg to retire Dec 31, 2021; Sharps to succeed Jan 1, 2022

## Summary
- 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.

## SEC filing metadata
- accession: 0001113169-21-000026
- form_type: 8-K
- ticker: TROW
- cik: 0001113169
- company_name: PRICE T ROWE GROUP INC
- filed_at: 2021-07-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1113169/000111316921000026/0001113169-21-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1113169/000111316921000026/trow-20210729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001113169-21-000026
- JSON: https://secwatch.observer/filing/0001113169-21-000026.json
- Plain text: https://secwatch.observer/filing/0001113169-21-000026.txt

## Key facts
- Executive change
  Céline Dufétel resigned as Chief Operating Officer at PRICE T ROWE GROUP INC.
  - Action: resigned
  - Role: Chief Operating Officer
  source text: Céline Dufétel, the Company's Chief Financial Officer (CFO), Chief Operating Officer (COO) and Treasurer, will resign from these roles on July 31, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1113169/000111316921000026/0001113169-21-000026-index.htm
- Executive change
  Robert C.T. Higginbotham was appointed as interim Chief Operating Officer at PRICE T ROWE GROUP INC.
  - Action: appointed
  - Role: interim Chief Operating Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1113169/000111316921000026/0001113169-21-000026-index.htm
- Executive change
  Robert W. Sharps was appointed as Chief Executive Officer at PRICE T ROWE GROUP INC.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1113169/000111316921000026/0001113169-21-000026-index.htm
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1113169/000111316921000026/0001113169-21-000026-index.htm
- Executive change
  Céline Dufétel resigned as Chief Financial Officer and Treasurer at PRICE T ROWE GROUP INC.
  - Action: resigned
  - Role: Chief Financial Officer and Treasurer
  source text: Céline Dufétel, the Company's Chief Financial Officer (CFO), Chief Operating Officer (COO) and Treasurer, will resign from these roles on July 31, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1113169/000111316921000026/0001113169-21-000026-index.htm
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1113169/000111316921000026/0001113169-21-000026-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.