T. Rowe Price CEO pay rises 10.5 percent

The CEO of T. Rowe Price Group saw his pay rise 10.5 percent last year as the company increased its net income and assets under management. James A.C. Kennedy was paid a total of $7.9 million for 2011, according to the company’s proxy statement, which was filed with the Securities and Exchange Commission Thursday. In 2010, ...

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