Virtus Investment Partners CEO George Aylward's 2019 pay jumps 66% to $7.3M
Virtus Investment Partners reports 2019 executive compensation
By ExecPay News
Published: April 6, 2020
Virtus Investment Partners reported fiscal year 2019 executive compensation information on April 6, 2020.
In 2019, six executives at Virtus Investment Partners received on average a compensation package of $2.9M, a 13% increase compared to previous year.
George R. Aylward, Chief Executive Officer, received $7.3M in total, which increased by 66% compared to 2018. 55% of Aylward's compensation, or $4M, was in non-equity incentive plan. Aylward also received $550K in salary, $2.8M in stock awards, as well as $14K in other compensation.
For fiscal year 2019, the median employee pay was $206,079 at Virtus Investment Partners. Therefore, the ratio of George R. Aylward's pay to the median employee pay was 35 to one.
Michael A. Angerthal, Chief Financial Officer, received a compensation package of $3.1M, which increased by 8% compared to previous year. 67% of the compensation package, or $2.1M, was in non-equity incentive plan.
Barry M. Mandinach, Executive Vice President, Head of Distribution, earned $2.5M in 2019, a 2% increase compared to previous year.
Francis G. Waltman, Executive Vice President, Product Management, received $2.1M in 2019, which increases by 6% compared to 2018.
Mark S. Flynn, General Counsel, earned $1.2M in 2019.
Mardelle W. Peña, Chief Human Resources Officer, received $1.1M in 2019.
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Mark Flynn
Virtus Investment Partners
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George Aylward
Virtus Investment Partners
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Michael Angerthal
Virtus Investment Partners
Chief Financial Officer
Barry Mandinach
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Executive Vice President Head of Distribution
Francis Waltman
Virtus Investment Partners
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Mardelle Peña
Virtus Investment Partners