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AI brief of an SEC Form 8-K · T. Rowe Price (TROW)

T. Rowe Price COO Kimberly Johnson to leave in December; new technology function created

Neutral Impact 3 of 5 leadership Written later

T. Rowe Price said on November 3, 2025, that Chief Operating Officer Kimberly Johnson will resign and leave the company on December 31, 2025. The firm also created a new Technology, Data, and Operations function led by Ramon Richards, its chief technology officer since 2023, who will join the Management Committee and report to Chair, CEO and President Rob Sharps.

Key points

  • Kimberly Johnson, COO since 2022, will leave the firm on December 31, 2025, according to the 8-K; the press release says she will leave in December.
  • New Technology, Data, and Operations function will oversee enterprise operations, digital platforms, and data strategy.
  • Ramon Richards, who joined as CTO in 2023, will lead the new function and report to Rob Sharps.
  • The company stated that the new structure is intended to align capabilities with changing industry dynamics; the filing gives no financial figures for the change.

The filing

CompanyT. Rowe Price (TROW)
Form8-K, current report
Filed with the SECNov 3, 2025, 8:39 AM ET
Accession number0001628280-25-047944

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.