secwatch / observer
8-K filed February 20, 2024, 6:59 PM ET ticker TROW CIK 0001113169
leadership confidence high sentiment neutral materiality 0.60

T. Rowe Price Chair Stromberg and Dr. Hrabowski to retire; CEO Sharps to become Chair

PRICE T ROWE GROUP INC

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

William J. Stromberg

Non-executive Chair of the Board
TROW · PRICE T ROWE GROUP INC
Effective
2024-05-07
Successor
Robert W. Sharps
Filed
February 20, 2024, 6:59 PM ET
On February 16, 2024, Mr. William J. Stromberg, the non-executive Chair of the Board of Directors (the "Board") of T. Rowe Price Group, Inc. (the "Company"), and Dr. Freeman A. Hrabowski, III, informed the Board, that they will retire from the Board at the Company's 2024 Annual Meeting of Stockholders, which is currently scheduled for May 7, 2024.
Role change

Robert W. Sharps

Chair of the Board (in addition to Chief Executive Officer and President)
TROW · PRICE T ROWE GROUP INC
Effective
2024-05-07
Filed
February 20, 2024, 6:59 PM ET
On February 20, 2024, the Board announced that Mr. Robert W. Sharps will become the Chair of the Board following Mr. Stromberg’s retirement, in addition to continuing on as the Chief Executive Officer and President of the Company.
Departed

Freeman A. Hrabowski III

Director
TROW · PRICE T ROWE GROUP INC
Effective
2024-05-07
Filed
February 20, 2024, 6:59 PM ET
On February 16, 2024, Mr. William J. Stromberg, the non-executive Chair of the Board of Directors (the "Board") of T. Rowe Price Group, Inc. (the "Company"), and Dr. Freeman A. Hrabowski, III, informed the Board, that they will retire from the Board at the Company's 2024 Annual Meeting of Stockholders, which is currently scheduled for May 7, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

William J. Stromberg departed as Non-executive Chair of the Board at PRICE T ROWE GROUP INC.

Action
retire
Role
Non-executive Chair of the Board
Exact text from the filing
On February 16, 2024, Mr. William J. Stromberg, the non-executive Chair of the Board of Directors (the "Board") of T. Rowe Price Group, Inc. (the "Company"), and Dr. Freeman A. Hrabowski, III, informed the Board, that they will retire from the Board at the Company's 2024 Annual Meeting of Stockholders, which is currently scheduled for May 7, 2024.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Robert W. Sharps changed role as Chair of the Board (in addition to Chief Executive Officer and President) at PRICE T ROWE GROUP INC.

Action
will become
Role
Chair of the Board (in addition to Chief Executive Officer and President)
Exact text from the filing
On February 20, 2024, the Board announced that Mr. Robert W. Sharps will become the Chair of the Board following Mr. Stromberg’s retirement, in addition to continuing on as the Chief Executive Officer and President of the Company.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Freeman A. Hrabowski III departed as Director at PRICE T ROWE GROUP INC.

Action
retire
Role
Director
Exact text from the filing
On February 16, 2024, Mr. William J. Stromberg, the non-executive Chair of the Board of Directors (the "Board") of T. Rowe Price Group, Inc. (the "Company"), and Dr. Freeman A. Hrabowski, III, informed the Board, that they will retire from the Board at the Company's 2024 Annual Meeting of Stockholders, which is currently scheduled for May 7, 2024.
View on SEC.gov

PRICE T ROWE GROUP INC filing history →

Source: SEC EDGAR
accession 0001113169-24-000009
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