Estimated Net Worth
- $5.1 M - $16.8 M
Salary
- Unknown
Employment
- Started 03/30/2023
Financial Disclosure Details - OGE Form 278e (09/27/2022)
Positions Held Outside United States Government
# | Organization | City | Position | To |
|---|---|---|---|---|
1 | The Asia Group | Washington DC, District of Columbia | Vice Chairman | 9/2020 |
2 | Purchase, New York | General Counsel | Present | |
3 | Paladin Capital Advisory Group | Washington DC, District of Columbia | Advisory Board Member | Present |
4 | Seattle , Washington | Board Member | Present | |
5 | US India Strategic Partnership Forum | Washington DC, District of Columbia | Board Member | Present |
6 | Lehigh University | Bethlehem, Pennsylvania | Trustee | Present |
7 | New York City, New York | Trustee | Present | |
8 | Washington DC, District of Columbia | Board Member | Present | |
9 | Baltimore , Maryland | Board Member | Present | |
10 | Boston, Massachusetts | Senior Fellow | Present |
Employment Assets & Income and Retirement Accounts
# | Description | Value | Income Type | Income Amount |
|---|---|---|---|---|
1 | Paladin Capital Advisory Group | Advisory Board Member income | $10,000 | |
2 | Ford Foundation | Trustee Income | $22,000 | |
3 | T. Rowe Price | Director Income | $180,000 | |
4 | T. Rowe Price, vested restricted stock units | $500,001 - $1,000,000 | None (or less than $201) | |
5 | Mastercard 401(k) | |||
5.1 | State Street Target Retirement Fund 2035 | $50,001 - $100,000 | None (or less than $201) | |
6 | Steptoe & Johnson LLP 401(k) | |||
6.1 | Vanguard Target Retirement 2035 | $100,001 - $250,000 | None (or less than $201) | |
7 | The Asia Group 401(k) | |||
7.1 | T. Rowe Price Retirement 2035 Fund | $100,001 - $250,000 | None (or less than $201) |
Employment Agreements and Arrangements
# | Employer Or Party | City | Status And Terms | Date |
|---|---|---|---|---|
1 | Baltimore , Maryland | Contingent upon action of the Nominating and Corporate Governance Committee of the Board of Directors of T. Rowe Price Group, Inc. (TROW), as authorized pursuant to TROW’s 2017 Non-Employee Director Incentive Plan, any unvested restricted stock units (RSUs) from my 2022 award would vest pro rata upon resignation from the board of directors. At that time, I will receive a pro rata stock payout of the 2022 RSUs, and the remainder of any unvested 2022 RSUs would be forfeited. Additionally, I will receive any previously vested RSU’s from prior years that have not yet been paid out. | 2/2018 | |
2 | Purchase, New York | I will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions after my separation. | 10/2020 | |
3 | The Asia Group | Washington, District of Columbia | I will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions. | 7/2017 |
4 | Washington, District of Columbia | I will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions. | 5/2011 | |
5 | Purchase, New York | By action of the Human Resources and Compensation Committee of the board, as authorized by the MasterCard Incorporated 2006 Long Term Incentive Plan, my unvested Restricted Stock Units (RSUs) will vest pro rata upon separation. At that time, I will receive a stock payout. The remainder of any unvested RSUs will be forfeited. | 10/2020 | |
6 | Purchase, New York | By action of the Human Resources and Compensation Committee of the board, as authorized by the MasterCard Incorporated 2006 Long Term Incentive Plan, my unvested Performance Stock Units (PSUs) will vest pro rata upon separation. At that time, I will receive a stock payout. The remainder of any unvested PSUs will be forfeited. | 10/2020 | |
7 | Purchase, New York | I will retain my vested stock options. By action of the Human Resources and Compensation Committee of the board, as authorized by the MasterCard Incorporated 2006 Long Term Incentive Plan, my unvested options will vest pro rata upon separation. At that time, I will be able to exercise my options and acquire stock. The remainder of any unvested options will be forfeited. | 10/2020 | |
8 | Purchase, New York | Pursuant to Mastercard company policy, I will receive a bonus for work performed in calendar year 2022 that is based on both individual and company performance. I will forfeit this bonus if I resign prior to the date on which it is paid, or if I do not receive it prior to assuming the duties of Deputy Secretary for Management and Resources at the Department of State. I will not receive a bonus for work performed in calendar year 2023. | 2/2022 |
Sources of Compensation Exceeding $5,000 in a Year
# | Source | City | Duties |
|---|---|---|---|
1 | Paladin Capital Advisory Group | Washington DC, District of Columbia | Advisory Board Member |
2 | New York City, New York | Trustee | |
3 | Baltimore , Maryland | Board of Directors | |
4 | The Asia Group | Washington , District of Columbia | Vice Chairman |
5 | Purchase, New York | General Counsel | |
6 | Advamed | Washington, District of Columbia | Asia Group Consulting Services Client |
7 | Bloomberg | New York , New York | Asia Group consulting services client |
8 | Menlo Park , California | Asia Group consulting services client | |
9 | PhRMA | Washington, District of Columbia | Asia Group Consulting Client |
10 | Bentonville, Arkansas | Asia Group consulting services client. |
Spouse's Employment Assets & Income and Retirement Accounts
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | Verma & Waters LLP (Legal Services) | $100,001 - $250,000 | legal fees (solo legal practice) | |
2 | Verma & Waters Self Employed 401(k) | |||
2.1 | Fidelity Asset Manager 50% | $50,001 - $100,000 | None (or less than $201) |
Other Assets and Income
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | U.S. bank (cash) | $500,001 - $1,000,000 | Interest | $201 - $1,000 |
2 | 529 College Savings Plan of Maryland Account 1 | |||
2.1 | T. Rowe Price Balanced Portfolio | $15,001 - $50,000 | None (or less than $201) | |
2.2 | T. Rowe Price Portfolio 2027 | $15,001 - $50,000 | None (or less than $201) | |
2.3 | Money Market Account | $100,001 - $250,000 | None (or less than $201) | |
3 | 529 College Savings Plan of Maryland Account 2 | |||
3.1 | T. Rowe Price Balanced Portfolio | $15,001 - $50,000 | None (or less than $201) | |
3.2 | T. Rowe Price Portfolio 2027 | $15,001 - $50,000 | None (or less than $201) | |
3.3 | Money Market Account | $100,001 - $250,000 | None (or less than $201) | |
4 | 529 College Savings Plan of Maryland Account 3 |
Transactions
# | Description | Type | Date | Amount |
|---|---|---|---|---|
Nothing reported in this section | ||||
Liabilities
# | Creditor | Amount | Incurred | Term |
|---|---|---|---|---|
1 | Sandy Spring Bank | $1,000,001 - $5,000,000 | 2020 | 30 years |
Gifts and Travel Reimbursements
# | Source Name | City | Description | Value |
|---|---|---|---|---|
Nothing reported in this section | ||||
Endnotes
Section | # | Description |
|---|---|---|
2 | 7.1 | The fund holdings are available at: https://www.troweprice.com/personal-investing/funds/mutual- funds/prospectuses-reports/portfolio-holdings.html |
6 | 2.1 | The fund holdings are available at https://www.troweprice.com/personal-investing/troweprice-529/portfolio- composition.html; and the underlying funds’ holdings are available at https://www.troweprice.com/personal- investing/funds/mutual-funds/prospectuses-reports/portfolio-holdings.html) |
6 | 2.2 | The fund holdings are available at https://www.troweprice.com/personal-investing/troweprice-529/portfolio- composition.html; and the underlying funds’ holdings are available at https://www.troweprice.com/personal- investing/funds/mutual-funds/prospectuses-reports/portfolio-holdings.html) |
6 | 3.1 | The fund holdings are available at https://www.troweprice.com/personal-investing/troweprice-529/portfolio- composition.html; and the underlying funds’ holdings are available at https://www.troweprice.com/personal- investing/funds/mutual-funds/prospectuses-reports/portfolio-holdings.html) |
6 | 3.2 | The fund holdings are available at https://www.troweprice.com/personal-investing/troweprice-529/portfolio- composition.html; and the underlying funds’ holdings are available at https://www.troweprice.com/personal- investing/funds/mutual-funds/prospectuses-reports/portfolio-holdings.html) |
6 | 4.1 | The fund holdings are available at https://www.troweprice.com/personal-investing/troweprice-529/portfolio- composition.html; and the underlying funds’ holdings are available at https://www.troweprice.com/personal- investing/funds/mutual-funds/prospectuses-reports/portfolio-holdings.html) |
6 | 4.2 | The fund holdings are available at https://www.troweprice.com/personal-investing/troweprice-529/portfolio- composition.html; and the underlying funds’ holdings are available at https://www.troweprice.com/personal- investing/funds/mutual-funds/prospectuses-reports/portfolio-holdings.html) |
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