William Stromberg - T Rowe Vice President Head - Global Equities

TROW Stock  USD 114.02  5.19  4.77%   

President

Mr. William J. Stromberg, CFA, is Chairman of the Board, President, Chief Executive Officer of the Company effective April 25, 2019. Prior to assuming these duties, Mr. Stromberg served as the head of Equity from 2008 through 2015, director of U.S. Equity from 2007 through 2015, and director of Global Equity Research from 2004 through 2015. Mr. Stromberg served on the U.S. Equity Steering Committee from 1999 through 2015, as well as the International Steering Committee from 2004 through 2015. Mr. Stromberg has served as a vice president of Price Group from 2000 through 2015, and was an employee of Price Group since 1987. Mr. Stromberg earned a B.A. from Johns Hopkins University and an M.B.A. from the Tuck School of Business at Dartmouth College. Mr. Stromberg has also earned the chartered financial analyst designation since 2019.
Age 58
Tenure 5 years
Phone410 345 2000
Webhttps://www.troweprice.com
Stromberg brings to the Board insight into the critical investment component of our business based on the leadership roles he has held in the Equity Division of Price Group and his 30year career with the Company.

T Rowe Management Efficiency

The company has return on total asset (ROA) of 0.1027 % which means that it generated a profit of $0.1027 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1917 %, meaning that it created $0.1917 on every $100 dollars invested by stockholders. T Rowe's management efficiency ratios could be used to measure how well T Rowe manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 397.9 M in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. T Rowe Price has a current ratio of 1.72, which is within standard range for the sector. Debt can assist T Rowe until it has trouble settling it off, either with new capital or with free cash flow. So, T Rowe's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like T Rowe Price sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TROW to invest in growth at high rates of return. When we think about T Rowe's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

PRESIDENT Age

Andrew KuritzkesState Street Corp
59
Michael SantomassimoBank of New
43
Alicia CharityAmeriprise Financial
N/A
Deanna StrableSoethoutPrincipal Financial Group
55
A SilberBrookfield Asset Management
35
Elizabeth SchaeferState Street Corp
42
Tracy AtkinsonState Street Corp
55
Douglas ShulmanBank of New
49
Gunjan KediaState Street Corp
44
Scott KleinmanApollo Global Management
51
Peter ONeillState Street Corp
55
Neal MaglaqueAmeriprise Financial
63
John WoernerAmeriprise Financial
50
Katherine SilvaMain Street Capital
40
Antoine ShagouryState Street Corp
47
Walter BermanAmeriprise Financial
81
Jason BeauvaisMain Street Capital
44
Deirdre McGrawAmeriprise Financial
53
Luis ValdesPrincipal Financial Group
66
Marc YaklofskyFS KKR Capital
N/A
Christopher PerrettaState Street Corp
52
Rowe Price Group, Inc. is a publicly owned investment manager. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in Colorado Springs, Colorado Owings Mills, Maryland San Francisco, California New York, New York Philadelphia, Pennsylvania Tampa, Florida Toronto, Ontario Hellerup, Denmark Amsterdam, The Netherlands Luxembourg, Grand Duchy of Luxembourg Zurich, Switzerland Dubai, United Arab Emirates London, United Kingdom Sydney, New South Wales Hong Kong Tokyo, Japan Singapore Frankfurt, Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, and Amsterdam, Netherlands. T Rowe operates under Asset Management classification in the United States and is traded on NASDAQ Exchange. It employs 7990 people. T Rowe Price (TROW) is traded on NASDAQ Exchange in USA. It is located in 100 East Pratt Street, Baltimore, MD, United States, 21202 and employs 7,878 people. T Rowe is listed under Trading category by Fama And French industry classification.

Management Performance

T Rowe Price Leadership Team

Elected by the shareholders, the T Rowe's board of directors comprises two types of representatives: T Rowe inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TROW. The board's role is to monitor T Rowe's management team and ensure that shareholders' interests are well served. T Rowe's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, T Rowe's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Brady, Independent Director
Brian Rogers, Chairman of the Board, Vice President Chief Investment Officer
CFA CFA, Head VP
William Stromberg, Vice President Head - Global Equities
Richard Verma, vice chairman and partner at The Asia Group
Celine Dufetel, Vice President
Andrew McCormick, Vice President
Christopher Alderson, Vice President Head - International Equities
Kenneth Moreland, CFO, Vice President Treasurer
Teresa Whitaker, Investor Mang
Andrew Brooks, Vice President
Donald Hebb, Independent Director
David Sackett, GM Group
Justin Thomson, Head VP
Sebastien Page, Vice President
Eric CFA, Chief Equity
Lawrence Culp, Director
Linsley Carruth, Director Relations
Stefan CFA, Head VP
Scott David, Vice President
Sandra Wijnberg, Director
Edward Wiese, Head of Fixed Income
Glenn August, CEO Director
Edward Giltenan, Head VP
Freeman Hrabowski, Independent Director
James Kennedy, President CEO, Director
Mary Bush, Independent Director
Eric Veiel, Head - U.S. Equity
CFA CPA, Pres CEO
Alfred Sommer, Independent Director
William Strickland, Vice President Head - Services and Technology
Mark Bartlett, Independent Director
Jennifer Dardis, CFO VP
Dwight Taylor, Independent Director
Edward Bernard, Vice Chairman, VP, Member of Management Committee and Member of Management Compensation Committee
Anne Whittemore, Independent Director
Kimberly Johnson, VP COO
JD Esq, General VP
Dina Dublon, Independent Director
Robert Stevens, Independent Director
Peter Austin, Head Solutions
Anna CFA, VP America
Jessica Hiebler, Principal Accounting Officer and VP
David Oestreicher, Corporate Secretary, Chief Legal Officer
Robert Sharps, Co - Head of Global Equity
Henry Culp, Independent Director
Alan Wilson, Director
Robert MacLellan, Independent Director
Dean Kenderdine, Executive Director
Sbastien CFA, Head VP
CPA CFA, CEO President
Andrew Astley, Global Head of Product
Robert Higginbotham, Vice President
Olympia Snowe, Independent Director

TROW Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is T Rowe a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether T Rowe Price is a strong investment it is important to analyze T Rowe's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact T Rowe's future performance. For an informed investment choice regarding TROW Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in T Rowe Price. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

Complementary Tools for TROW Stock analysis

When running T Rowe's price analysis, check to measure T Rowe's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy T Rowe is operating at the current time. Most of T Rowe's value examination focuses on studying past and present price action to predict the probability of T Rowe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T Rowe's price. Additionally, you may evaluate how the addition of T Rowe to your portfolios can decrease your overall portfolio volatility.
Global Correlations
Find global opportunities by holding instruments from different markets
Equity Valuation
Check real value of public entities based on technical and fundamental data
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Is T Rowe's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of T Rowe. If investors know TROW will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about T Rowe listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of T Rowe Price is measured differently than its book value, which is the value of TROW that is recorded on the company's balance sheet. Investors also form their own opinion of T Rowe's value that differs from its market value or its book value, called intrinsic value, which is T Rowe's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because T Rowe's market value can be influenced by many factors that don't directly affect T Rowe's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between T Rowe's value and its price as these two are different measures arrived at by different means. Investors typically determine if T Rowe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T Rowe's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.