Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Roche Takes 40 Percent Cut Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, March 4, 2003

Roche Takes 40 Percent Cut

by: Sean Hanna, Editor in Chief

Welcome to the club. George Roche, chairman and president of T. Rowe Price, took a 5 percent pay cut in 2002 compared to 2003. Since the start of the bear market, though, his pay package has shriveled even more. Since 2000 his compensation is down by more than 40 percent. Roche's compensation came to $1.9 million last year, or roughly $100,000 less than last year according to documents the firm filed with the SEC.

Roche's base pay in 2002 of $300,000 was supplemented with a bonus of $1.6 million and a retirement contribution of about $25,000. He also exercised options worth $2.1 million. His 2001 bonus had been $1.7 million. In 2000 his bonus was $2.5 million.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use