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T. Rowe Price CEO receives 12 percent increase in pay in 2018

Holden Wilen
T. Rowe Price CEO receives 12 percent increase in pay in 2018

Key factors that led to William J. Stromberg's boost in compensation included an 11 percent increase in T. Rowe Price's net revenue to $5.4 billion and a 32 percent gain in earnings per share.