secwatch.observer — SEC 8-K summary
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Issuer:     PRICE T ROWE GROUP INC (TROW)
CIK:        0001113169
Form:       8-K
Filed at:   2022-04-08T23:59:59+00:00
Accession:  0001113169-22-000008
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

T. Rowe Price appoints Kimberly Johnson as COO effective April 29, 2022
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- Johnson, former Fannie Mae EVP and COO, will lead Global Technology, Investment Operations, and Enterprise Risk.
- She will report to CEO Rob Sharps and serve on the Management Committee.
- Compensation includes $350K base salary, $1.25M signing bonus (subject to repayment), and $1.25M RSU grant.
- Interim COO Robert C.T. Higginbotham will cease to serve in that role on April 29, 2022.
- Johnson holds a B.A. from Princeton and an M.B.A. from Columbia, and serves on Eli Lilly's board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1113169/000111316922000008/0001113169-22-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1113169/000111316922000008/trow-20220406.htm
  HTML page:      https://secwatch.observer/filing/0001113169-22-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer