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T. Rowe Price Group updates CEO employment terms for Oak Hill Advisors
T. Rowe Price Group (NASDAQ:TROW) has amended the employment agreement for Glenn R. August, CEO of Oak Hill Advisors, L.P. The new terms include an annual base salary of $350,000, potential annual bonuses, and participation in employee benefit programs, without additional compensation for board service. Other recent news for T. Rowe Price includes assets under management of $1.71 trillion, a quarterly dividend increase, and strategic leadership appointments.