T. Rowe Price(US:TROW)2025-05-08 13:00Financial Data and Key Metrics Changes - The company closed 2024 with $1.61 trillion in assets under management and reported $43.2 billion in net client outflows, which were reduced by half year over year [32] Business Line Data and Key Metrics Changes - No specific data on individual business lines was provided in the meeting Market Data and Key Metrics Changes - No specific market data or key metrics changes were discussed in the meeting Company Strategy and Development Direction and Industry Competition - The company emphasized the importance of its associates' dedication to clients and the firm, which drives confidence in the path ahead [32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the future, attributing it to the dedication of associates and the firm's commitment to clients [32] Other Important Information - The company held a virtual annual meeting, which has become standard for many public companies, citing efficiency and accessibility for shareholders [25] Q&A Session All Questions and Answers Question: How does the compensation committee use the compensation actually paid total compensation figures in its calculation of the CEO target total compensation award for the upcoming year? - The compensation committee evaluates the CEO's performance independently each year and does not consider previous years' stock awards in determining the current year's award [21][22] Question: Why have in-person annual meetings not resumed after COVID? - The company finds virtual meetings to be efficient and has not received significant requests from shareholders to change the meeting format [25][26]