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William Stromberg

Daily Record Staff//December 12, 2022

William Stromberg

By Daily Record Staff

//December 12, 2022

William Stromberg

Former CEO and president, director and current
non-executive chair of the Board
T. Rowe Price Group, Inc.

“I get great satisfaction from seeing others do well and want to help many people along my life’s journey.”
– Bill Stromberg

After rising to the top with the T. Rowe Price Group, Bill Stromberg notes that, throughout his life, he has been blessed to have good health, be part of a caring family and be associated with great institutions.

He started with the company in 1987 as an equity investment analyst and held leadership roles such as head of equity before being named president and CEO from 2016 to 2021. As CEO, he took advantage of strong markets to grow assets under management, revenues, earnings, and dividends.

The T. Rowe Price Group broke into the Fortune 500 for the first time in 2021. Reflecting on his legacy, Stromberg said he wants to be remembered as someone who used God’s gifts with passion and humility to help others live more successful and satisfying lives.

“I get great satisfaction from seeing others do well and want to help many people along my life’s journey,” Stromberg said. “Through our best efforts, we can all make the world a better place. I am hopeful I can do so in my own ways.”  He and his wife, Lisa, believe in the power of education.

Stromberg has served on the boards of Catholic Charities, Loyola Blakefield and Johns Hopkins University. His wife has served on the boards of The School of Cathedral of Mary Our Queen, The Mother Seton Academy, Notre Dame Preparatory and Goucher College.

In addition to supporting those organizations philanthropically, they also provided financial support to Cristo Rey Jesuit, Teach for America, The Mother Mary Lange School and The Caroline Center.

“Giving someone access to an education encourages them and empowers them to help themselves,” said Stromberg. “We suspect many of these recipients will ‘pay it forward’ by helping others in the same way they have been helped.”

This is an honoree profile from The Daily Record's Icon Honors awards.


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