Virtus Investment Partners CEO George Aylward's 2021 pay rises 8% to $8.6M
Virtus Investment Partners reports 2021 executive compensation
By ExecPay News
Published: April 6, 2022
Virtus Investment Partners reported fiscal year 2021 executive compensation information on April 6, 2022.
In 2021, five executives at Virtus Investment Partners received on average a compensation package of $4.1M, a 20% increase compared to previous year.
Average pay of disclosed executives at Virtus Investment Partners
George R. Aylward, Chief Executive Officer, received $8.6M in total, which increased by 8% compared to 2020. 58% of Aylward's compensation, or $5M, was in non-equity incentive plan. Aylward also received $600K in salary, $3M in stock awards, as well as $15K in other compensation.
For fiscal year 2021, the median employee pay was $233,462 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 $3.7M, which increased by 9% compared to previous year. 68% of the compensation package, or $2.6M, was in non-equity incentive plan.
Richard W. Smirl, Chief Operating Officer, earned $3.2M in 2021, a 54% increase compared to previous year.
Barry M. Mandinach, Executive Vice President Head of Distribution, received $3M in 2021, which increases by 13% compared to 2020.
Wendy J. Hills, Chief Legal Officer, earned $1.9M in 2021, which is the same as 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
Richard Smirl
Virtus Investment Partners
Chief Operating Officer
Wendy Hills
Virtus Investment Partners
Chief Legal Officer
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Source: SEC filing on April 6, 2022.