WisdomTree Management

Management criteria checks 1/4

WisdomTree's CEO is Jono Steinberg, appointed in Oct 1988, has a tenure of 36.08 years. total yearly compensation is $6.71M, comprised of 8.2% salary and 91.8% bonuses, including company stock and options. directly owns 6.54% of the company’s shares, worth €103.42M. The average tenure of the management team and the board of directors is 6.8 years and 2.5 years respectively.

Key information

Jono Steinberg

Chief executive officer

US$6.7m

Total compensation

CEO salary percentage	8.2%
CEO tenure	36.1yrs
CEO ownership	6.5%
Management average tenure	6.8yrs
Board average tenure	2.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jono Steinberg's remuneration changed compared to WisdomTree's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$47m
Jun 30 2024	n/a	n/a	US$75m
Mar 31 2024	n/a	n/a	US$101m
Dec 31 2023	US$7m	US$550k	US$95m
Sep 30 2023	n/a	n/a	US$47m
Jun 30 2023	n/a	n/a	US$109m
Mar 31 2023	n/a	n/a	US$70m
Dec 31 2022	US$5m	US$550k	US$45m
Sep 30 2022	n/a	n/a	US$80m
Jun 30 2022	n/a	n/a	US$13m
Mar 31 2022	n/a	n/a	US$20m
Dec 31 2021	US$4m	US$550k	US$44m
Sep 30 2021	n/a	n/a	US$20m
Jun 30 2021	n/a	n/a	US$14m
Mar 31 2021	n/a	n/a	-US$15m
Dec 31 2020	US$3m	US$550k	-US$38m
Sep 30 2020	n/a	n/a	-US$50m
Jun 30 2020	n/a	n/a	-US$46m
Mar 31 2020	n/a	n/a	-US$30m
Dec 31 2019	US$6m	US$550k	-US$13m
Sep 30 2019	n/a	n/a	US$3m
Jun 30 2019	n/a	n/a	US$19m
Mar 31 2019	n/a	n/a	US$32m
Dec 31 2018	US$2m	US$550k	US$34m
Sep 30 2018	n/a	n/a	US$45m
Jun 30 2018	n/a	n/a	US$32m
Mar 31 2018	n/a	n/a	US$29m
Dec 31 2017	US$3m	US$450k	US$27m

Compensation vs Market: Jono's total compensation ($USD6.71M) is above average for companies of similar size in the German market ($USD1.63M).

Compensation vs Earnings: Jono's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Jono Steinberg (60 yo)

36.1yrs

Tenure

US$6,710,430

Compensation

Mr. Jonathan Laurence Steinberg, also known as Jono, is Founder and serves as Chief Executive Officer and Director of WisdomTree Asset Management, Inc. Mr. Steinberg served as President of WisdomTree Inves...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jonathan Steinberg	Founder	36.1yrs	US$6.71m	6.54% € 103.4m
Robert Lilien	President & COO	5.2yrs	US$4.57m	0.67% € 10.7m
Bryan Edmiston	Chief Financial Officer	3.4yrs	US$1.62m	0.14% € 2.2m
Peter Ziemba	Senior Advisor to the CEO & Chief Administrative Officer	6.8yrs	US$1.78m	0.74% € 11.7m
Alexis Marinof	Head of WisdomTree Europe	5.3yrs	US$1.71m	0.19% € 3.1m
David Yates	Chief Information Officer	9.6yrs	no data	0.11% € 1.7m
Jeremy Campbell	Director of Investor Relations	no data	no data	no data
Marci Frankenthaler	Chief Legal Officer & Secretary	5.6yrs	no data	0.17% € 2.7m
Jessica Zaloom	Head of Corporate Communications & Public Relations	no data	no data	no data
Will Abbott	Head of RIA & PWM Distribution	8.8yrs	no data	no data
Richard Harper	Chief Investment Officer of Fixed Income & Model Portfolios	no data	no data	no data
Joseph Grogan	Head of U.S. Institutional Distribution	8.7yrs	no data	no data

6.8yrs

Average Tenure

55yo

Average Age

Experienced Management: 1WT's management team is seasoned and experienced (6.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jonathan Steinberg	Founder	36.1yrs	US$6.71m	6.54% € 103.4m
Win Neuger	Independent Chair of the Board	11.3yrs	US$268.74k	0.10% € 1.7m
Anthony Bossone	Independent Director	15.8yrs	US$241.74k	0.43% € 6.8m
Tonia Pankopf	Independent Director	1.4yrs	US$129.04k	0.018% € 277.6k
Shamla Naidoo	Independent Director	1.4yrs	US$127.95k	0.018% € 277.6k
Smita Conjeevaram	Independent Director	3.8yrs	US$235.83k	0.041% € 641.7k
Lynn Blake	Independent Director	2.5yrs	US$221.15k	0.00076% € 12.0k
Rilla Delorier	Independent Director	1.3yrs	US$97.57k	0.016% € 246.0k
Daniela Mielke	Independent Director	2.2yrs	US$203.87k	0.012% € 186.2k

2.5yrs

Average Tenure

59yo

Average Age

Experienced Board: 1WT's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

WisdomTree Management

Management criteria checks 1/4

Key information

Recent management updates

Founder recently bought €686k worth of stock

WisdomTree, Inc., Annual General Meeting, Jun 12, 2024

Founder recently bought €2.0m worth of stock

WisdomTree, Inc. Announces Management Changes

WisdomTree, Inc. Announces Board Changes

WisdomTree, Inc. Board Appoints Rilla Delorier to Board of Directors

Recent updates

Founder recently bought €686k worth of stock

Investor sentiment improves as stock rises 18%

Now 24% overvalued after recent price rise

Third quarter dividend of US$0.03 announced

Third quarter 2024 earnings released: US$0.031 loss per share (vs US$0.074 profit in 3Q 2023)

WisdomTree, Inc. to Report Q3, 2024 Results on Oct 25, 2024

WisdomTree , Inc. Announces the Ability for Users to Select the WisdomTree Government Money Market Digital Fund

Wisdomtree Launches New Platform Wisdomtree Connect

Now 20% undervalued after recent price drop

Second quarter dividend of US$0.03 announced

Second quarter 2024 earnings released: EPS: US$0.15 (vs US$0.32 in 2Q 2023)

WisdomTree, Inc. Declares Dividend for the Second Quarter of 2024, Payable on August 21, 2024

WisdomTree, Inc. to Report Q2, 2024 Results on Jul 26, 2024

ETFS Capital Issues Responses to Reports from Institutional Shareholder Services Inc and Glass Lewis

ETFS Capital Limited Publishes a Supplementary Presentation with Responds to WisdomTree’s Investor Presentations

ETFS Capital Issues response to WisdomTree’s Letter to Shareholders

WisdomTree, Inc. Announces Launch of India Equity Hedged Fund

ETFS Capital Sends a Letter to Shareholders of WisdomTree

First quarter dividend of US$0.03 announced

ETFS Capital Limited Launches a Website to Communicate with Shareholders of WisdomTree

WisdomTree, Inc., Annual General Meeting, Jun 12, 2024

Wisdomtree, Inc. Declares Quarterly Dividend, Payable on May 22, 2024

First quarter 2024 earnings released: EPS: US$0.15 (vs US$0.10 in 1Q 2023)

Now 20% undervalued

WisdomTree, Inc. to Report Q1, 2024 Results on Apr 26, 2024

Investor sentiment improves as stock rises 18%

ETFS Capital Sends a Letter to the Shareholders of WisdomTree

Wisdomtree, Inc. Announces Launch of 1-3 Year Laddered Treasury (Ussh) and 7-10 Year Laddered Treasury (Usin) Funds

WisdomTree, Inc. Announces the Launch of the WisdomTree Prime Visa Debit Card

Full year 2023 earnings released: EPS: US$0.66 (vs US$0.31 in FY 2022)

New minor risk - Shareholder dilution

Founder recently bought €2.0m worth of stock

Fourth quarter dividend of US$0.03 announced

New major risk - Revenue and earnings growth

WisdomTree, Inc. Announces Management Changes

WisdomTree, Inc. Launches U.S. MidCap Quality Growth (QMID) and U.S. SmallCap Quality Growth (QSML) Funds

WisdomTree, Inc. to Report Q4, 2023 Results on Feb 01, 2024

WisdomTree, Inc. Announces Launch of WisdomTree Bianco Total Return Fund (WTBN)

WisdomTree, Inc. Announces the Launch of Three New Digital Funds

WisdomTree, Inc. Announces Board Changes

Upcoming dividend of US$0.03 per share at 1.9% yield

WisdomTree, Inc. Reports Non-Cash Impairment Charge for the Quarter Ended September 30, 2023

WisdomTree, Inc. Reports Non-Cash Impairment Charge for the Quarter Ended September 30, 2023

Third quarter 2023 earnings released: EPS: US$0.089 (vs US$0.50 in 3Q 2022)

Third quarter 2023 earnings released: EPS: US$0.089 (vs US$0.50 in 3Q 2022)

WisdomTree, Inc. to Report Q3, 2023 Results on Oct 27, 2023

WisdomTree, Inc. Board Appoints Rilla Delorier to Board of Directors

Insider recently sold €641k worth of stock

Upcoming dividend of US$0.03 per share at 1.7% yield

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: US$0.38 (vs US$0.061 in 2Q 2022)

WisdomTree, Inc. Declares a Quarterly Cash Dividend, Payable on August 23, 2023

WisdomTree, Inc. Announces Management Changes

WisdomTree, Inc. to Report Q2, 2023 Results on Jul 28, 2023

High number of new directors

WisdomTree, Inc. Appoints Win Neuger to Serve as Chair of the Board

WisdomTree Launches CORBU x WT PolyMacro Model Portfolios

WisdomTree, Inc. Announces Executive Changes

ETFS Capital Releases a Letter to its fellow Shareholders of WisdomTree

Glass Lewis Joins Institutional Shareholder Services in Recommending WisdomTree Stockholders Vote for Boardroom Change

ETFS Capital Limited Provides Information to Shareholders of WisdomTree

ETFS Capital Responds to WisdomTree’s Mischaracterizations and Distraction Tactics in Supplemental Investor Presentation

ETFS Capital Highlights WisdomTree Board’s Attempts to Distract Stockholders from its Track Record of Value Destruction

ETFS Capital Provides Information to Shareholders of WisdomTree Inc

ETFS Capital Posts Materials to its Website

ETFS Capital Files Definitive Proxy Statement and Issues Letter to Stockholders

WisdomTree, Inc., Annual General Meeting, Jun 16, 2023

First quarter 2023 earnings released: EPS: US$0.11 (vs US$0.076 loss in 1Q 2022)

Upcoming dividend of US$0.03 per share at 2.1% yield