Virtu Financial CFO Alex Ioffe receives $4.6M in 2019
Virtu Financial reports 2019 executive compensation
By ExecPay News
Published: April 24, 2020
Virtu Financial reported fiscal year 2019 executive compensation information on April 24, 2020.
In 2019, six executives at Virtu Financial received on average a compensation package of $3.2M, a 40% decrease compared to previous year.
Average pay of disclosed executives at Virtu Financial
Alex Ioffe, Chief Financial Officer, received $4.6M in total. 81% of Ioffe's compensation, or $3.8M, was in stock awards. Ioffe also received $750K in bonus, $127K in salary, as well as $20K in other compensation.
For fiscal year 2019, the median employee pay was $177,848 at Virtu Financial. Therefore, the ratio of Alex Ioffe's pay to the median employee pay was 26 to one.
Alexander M. Ioffe, Chief Financial Officer, received a compensation package of $4.6M. 81% of the compensation package, or $3.8M, was in stock awards.
Douglas A. Cifu, Chief Executive Officer, earned $4.6M in 2019, a 48% decrease compared to previous year.
Brett Fairclough, Chief Operating Officer, received $2.1M in 2019.
Stephen Cavoli, Executive Vice President, Markets, earned $1.7M in 2019, a 42% increase compared to previous year.
Joseph Molluso, Chief Financial Officer, received $1.6M in 2019, which decreases by 74% compared to 2018.
Related executives
Douglas Cifu
Virtu Financial
Chief Executive Officer
Alex Ioffe
Virtu Financial
Chief Financial Officer
Brett Fairclough
Virtu Financial
Chief Operating Officer
Stephen Cavoli
Virtu Financial
Executive Vice President, Markets
Joseph Molluso
Virtu Financial
Chief Operating Officer
Alexander Ioffe
Virtu Financial
Chief Financial Officer
You may also like
Source: SEC filing on April 24, 2020.