Dan H. Arnold is the CEO of LPL Financial Holdings Inc., a position he's held since January 2017. He has a strong background in finance, with an undergraduate degree in Electrical Engineering from Auburn University and an MBA from Georgia...

Number of Employees

8.72K

Year

2023

Total Compensation

$5.04M

Salary

$950.00K

Board Justification

The compensation philosophy aligns executive pay with company performance, focusing on both short-term and long-term goals to attract and retain top talent.

Bonus

$4.00M

Board Justification

The annual cash bonus awarded based on the achievement of corporate goals and individual performance for 2023.

Other

$89.94K

Board Justification

Includes various forms of compensation such as travel expenses, financial planning reimbursements, and health and wellness program costs.

Restricted Stock

$0.00(0 N/A)

Board Justification

No vested stock was reported for 2023 as the focus is on cash compensation and performance-based awards.

Performance Metrics

The performance metrics for determining the compensation included Adjusted EBITDA and relative total shareholder return (TSR) against a comparator group.

SEC Filing

From March 28, 2024

Dan H. Arnold

CEO of LPL Financial Holdings

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Education

B.S. in Electrical Engineering from Auburn University; M.B.A. in Finance from Georgia State University

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1965 - 60 years ago

Is Founder?

No

Current Tenure

8 years 0 months (Jan 2017 - Present)

Previous Experience

President of LPL Financial Holdings Inc.