Richard W. Smirl is the CEO of Virtus Investment Partners, Inc., where he has been leading since May 3, 2021. He has a solid background in finance, earning a degree in Business Administration, and has been active in the finance...

Current Market Cap

$1.48B

Number of Employees

824

Total Compensation

2021 - 2023

Trending up by 231.83% last year
Showing total compensation for the last 2021 - 2023

Stock

Up by 268.86% last year

Salary

Up by 0.00% last year

Bonus

Up by 670.00% last year

Other

Down by -100.00% last year

Year

2023

Total Compensation

$2.75M

Salary

$425.00K

Board Justification

The compensation philosophy is designed to attract and retain critical executive leadership, link compensation to Company, functional and individual achievements, and align executive compensation with the interests of shareholders.

Bonus

$1.93M

Board Justification

The annual incentive payout for the CEO was determined based on the Company's performance against pre-established financial, operational, and strategic objectives, with a maximum funding level set at 7% of operating income, as adjusted, prior to incentive compensation.

Other

$0.00

Board Justification

Restricted Stock

$398.11K(2.31K RSU)

Board Justification

The number of shares acquired upon vesting of stock awards during 2023.

Performance Metrics

The performance metrics for 2023 included operating margin, growth in operating income, total net flow rate, and EPS, diluted, as adjusted.

SEC Filing

From April 3, 2024