Virtus Investment Partners CEO George Aylward's 2020 pay rises 9% to $8M
Virtus Investment Partners reports 2020 executive compensation
By ExecPay News
Published: April 6, 2022
Virtus Investment Partners reported fiscal year 2020 executive compensation information on April 6, 2022.
In 2020, six executives at Virtus Investment Partners received on average a compensation package of $3.4M, a 18% increase compared to previous year.
Average pay of disclosed executives at Virtus Investment Partners
George R. Aylward, Chief Executive Officer, received $8M in total, which increased by 9% compared to 2019. 55% of Aylward's compensation, or $4.4M, was in non-equity incentive plan. Aylward also received $592K in salary, $3M in stock awards, as well as $14K in other compensation.
For fiscal year 2020, the median employee pay was $217,818 at Virtus Investment Partners. Therefore, the ratio of George R. Aylward's pay to the median employee pay was 37 to one.
Michael A. Angerthal, Chief Financial Officer, received a compensation package of $3.4M, which increased by 10% compared to previous year. 65% of the compensation package, or $2.3M, was in non-equity incentive plan.
Barry M. Mandinach, Executive Vice President, Head of Distribution, earned $2.7M in 2020, a 8% increase compared to previous year.
Francis G. Waltman, Executive Vice President, Product Management, received $2.4M in 2020, which increases by 15% compared to 2019.
Richard W. Smirl, Chief Operating Officer, earned $2.1M in 2020.
Wendy J. Hills, Chief Legal Officer, received $1.9M in 2020.
Related executives
Richard Smirl
Virtus Investment Partners
Chief Operating Officer
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
Wendy Hills
Virtus Investment Partners
Chief Legal Officer
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Source: SEC filing on April 6, 2022.