Victory Capital Holdings CEO David Brown's 2019 pay slips 19% to $9.7M
Victory Capital Holdings reports 2019 executive compensation
By ExecPay News
Published: April 9, 2020
Victory Capital Holdings reported fiscal year 2019 executive compensation information on April 9, 2020.
In 2019, three executives at Victory Capital Holdings received on average a compensation package of $5.6M, a 29% decrease compared to previous year.
David C. Brown, Chief Executive Officer, received $9.7M in total, which decreased by 19% compared to 2018. 70% of Brown's compensation, or $6.9M, was in bonus. Brown also received $600K in salary, $2.1M in stock awards, as well as $207K in other compensation.
Michael D. Policarpo, Chief Financial Officer, received a compensation package of $4.8M, which decreased by 24% compared to previous year. 57% of the compensation package, or $2.7M, was in bonus.
Kelly S. Cliff, President, Investment Franchises, earned $2.4M in 2019, a 57% decrease compared to previous year.