Victory Capital Holdings CEO David Brown's 2018 pay jumps 53% to $12M
Victory Capital Holdings reports 2018 executive compensation
By ExecPay News
Published: March 22, 2019
Victory Capital Holdings reported fiscal year 2018 executive compensation information on March 22, 2019.
In 2018, three executives at Victory Capital Holdings received on average a compensation package of $8M, a 55% increase compared to previous year.
David C. Brown, Chief Executive Officer, received $12M in total, which increased by 53% compared to 2017. 73% of Brown's compensation, or $8.8M, was in stock awards. Brown also received $2.5M in bonus, $600K in salary, as well as $105K in other compensation.
Michael D. Policarpo, Chief Operating Officer, received a compensation package of $6.3M, which increased by 76% compared to previous year. 79% of the compensation package, or $5M, was in stock awards.
Kelly S. Cliff, President, Investment Franchises, earned $5.6M in 2018, a 39% increase compared to previous year.