Virtus Investment Partners CEO George Aylward's 2018 pay falls 43% to $4.4M
Virtus Investment Partners reports 2018 executive compensation
By ExecPay News
Published: April 4, 2019
Virtus Investment Partners reported fiscal year 2018 executive compensation information on April 4, 2019.
In 2018, five executives at Virtus Investment Partners received on average a compensation package of $2.6M, a 28% decrease compared to previous year.
Average pay of disclosed executives at Virtus Investment Partners
George R. Aylward, Chief Executive Officer, received $4.4M in total, which decreased by 43% compared to 2017. 51% of Aylward's compensation, or $2.3M, was in stock awards. Aylward also received $1.6M in non-equity incentive plan, $550K in salary, as well as $14K in other compensation.
For fiscal year 2018, the median employee pay was $193,466 at Virtus Investment Partners. Therefore, the ratio of George R. Aylward's pay to the median employee pay was 23 to one.
Michael A. Angerthal, Chief Financial Officer, received a compensation package of $2.9M, which decreased by 14% compared to previous year. 73% of the compensation package, or $2.1M, was in non-equity incentive plan.
Barry M. Mandinach, Executive Vice President, Head of Distribution, earned $2.4M in 2018, a 11% decrease compared to previous year.
Francis G. Waltman, Executive Vice President, Product Management, received $2M in 2018, which decreases by 22% compared to 2017.
W. Patrick Bradley, Executive Vice President, Fund Services, earned $1.1M in 2018, a 25% decrease compared to previous year.
Related executives
George Aylward
Virtus Investment Partners
Chief Executive Officer
Michael Angerthal
Virtus Investment Partners
Chief Financial Officer
Barry Mandinach
Virtus Investment Partners
Executive Vice President Head of Distribution
Francis Waltman
Virtus Investment Partners
Executive Vice President, Product Management
W Bradley
Virtus Investment Partners
Executive Vice President, Fund Services
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Source: SEC filing on April 4, 2019.