---
schema_version: "secwatch.filing_event.v1"
accession: "0001113169-21-000037"
form_type: "8-K"
ticker: "TROW"
cik: "0001113169"
company_name: "PRICE T ROWE GROUP INC"
filed_at: "2021-12-08T23:59:59+00:00"
generated_at: "2026-06-28T02:43:46.158179+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# T. Rowe Price names Rob Sharps CEO effective Jan 1, 2022; Stromberg non-exec chair

## Summary
- William J. Stromberg retires as CEO and chair of Management Committee on Dec 31, 2021; remains non-executive chair.
- Robert W. Sharps appointed CEO and Management Committee chair effective Jan 1, 2022; also joins Board.
- Glenn August (OHA founder/CEO) elected to Board and Management Committee effective upon OHA acquisition closing.
- Sharps retains president role; Board expands from 12 to 14 members with Sharps and August.
- Sharps scheduled to speak at Goldman Sachs US Financial Services Conference on Dec 8, 2021.

## SEC filing metadata
- accession: 0001113169-21-000037
- form_type: 8-K
- ticker: TROW
- cik: 0001113169
- company_name: PRICE T ROWE GROUP INC
- filed_at: 2021-12-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1113169/000111316921000037/0001113169-21-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1113169/000111316921000037/trow-20211207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001113169-21-000037
- JSON: https://secwatch.observer/filing/0001113169-21-000037.json
- Plain text: https://secwatch.observer/filing/0001113169-21-000037.txt

## Key facts
- Executive change
  Glenn R. August was elected as Director at PRICE T ROWE GROUP INC.
  - Action: elected
  - Role: Director
  source text: the Board elected Mr. Glenn R. August as a director, effective upon the first business day following the closing date of the Company’s acquisition of OHA.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1113169/000111316921000037/0001113169-21-000037-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: on December 7, 2021, the Board approved the appointment of Robert W. Sharps to succeed Mr. Stromberg in the offices of CEO, and chair of the Management Committee, effective January 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1113169/000111316921000037/0001113169-21-000037-index.htm
- Executive change
  William J. Stromberg retired as Chief Executive Officer at PRICE T ROWE GROUP INC.
  - Action: retired
  - Role: Chief Executive Officer
  source text: William J. Stromberg, chair of the Board of Directors (the “Board”), chief executive officer (“CEO”), and chair of the Management Committee of T. Rowe Price Group, Inc. (the “Company”), will retire from his roles at the Company on December 31, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1113169/000111316921000037/0001113169-21-000037-index.htm

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