Stromberg makes $17M in last year as T. Rowe Price CEO

William J. Stromberg made $17.1 million in his last year as CEO of T. Rowe Price Group Inc. — and he was only the company’s second-highest paid executive. Stromberg stepped down as CEO of the Baltimore-based money manager at the end of the year, ceding the position to Robert Sharps. Stromberg, who remains chairman of the firm, saw his compensation increase 11.6% during his last year at the helm, according to T. Rowe Price’s proxy statement filed Thursday with the U.S. Securities and Exchange Commission.