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...
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 sector since 1992. Before joining Virtus, he was the Chief Operating Officer at Russell Investments. Smirl is known for improving operational efficiency and has played a key role in integrating multiple companies into Virtus’s umbrella, showcasing his leadership in enhancing the company's capabilities to support clients. He also champions Diversity, Equity, and Inclusion (DEI) in the workplace as the chair of the Diversity Council. His compensation reflects a strong performance incentive system; in 2023, his total compensation was approximately $6.165 million, with a salary of $425,000 and a hefty bonus of $1.925 million tied to the company's performance. This structure aligns executives' interests with the overall success of the company, which is critical in the highly competitive finance industry.