Victory Capital Holdings Management

Management criteria checks 3/4

Victory Capital Holdings' CEO is David Brown, appointed in Aug 2013, has a tenure of 10.67 years. total yearly compensation is $5.90M, comprised of 10.2% salary and 89.8% bonuses, including company stock and options. directly owns 3.22% of the company’s shares, worth €99.88M. The average tenure of the management team and the board of directors is 5.1 years and 9.5 years respectively.

Key information

David Brown

Chief executive officer

US$5.9m

Total compensation

CEO salary percentage	10.2%
CEO tenure	10.7yrs
CEO ownership	3.2%
Management average tenure	5.1yrs
Board average tenure	9.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David Brown's remuneration changed compared to Victory Capital Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$6m	US$600k	US$213m
Sep 30 2023	n/a	n/a	US$210m
Jun 30 2023	n/a	n/a	US$231m
Mar 31 2023	n/a	n/a	US$254m
Dec 31 2022	US$10m	US$600k	US$276m
Sep 30 2022	n/a	n/a	US$293m
Jun 30 2022	n/a	n/a	US$294m
Mar 31 2022	n/a	n/a	US$284m
Dec 31 2021	US$7m	US$600k	US$278m
Sep 30 2021	n/a	n/a	US$264m
Jun 30 2021	n/a	n/a	US$245m
Mar 31 2021	n/a	n/a	US$221m
Dec 31 2020	US$10m	US$600k	US$213m
Sep 30 2020	n/a	n/a	US$195m
Jun 30 2020	n/a	n/a	US$165m
Mar 31 2020	n/a	n/a	US$135m
Dec 31 2019	US$10m	US$600k	US$92m
Sep 30 2019	n/a	n/a	US$69m
Jun 30 2019	n/a	n/a	US$63m
Mar 31 2019	n/a	n/a	US$68m
Dec 31 2018	US$12m	US$600k	US$64m
Sep 30 2018	n/a	n/a	US$61m
Jun 30 2018	n/a	n/a	US$48m
Mar 31 2018	n/a	n/a	US$32m
Dec 31 2017	US$8m	US$600k	US$26m

Compensation vs Market: David's total compensation ($USD5.90M) is above average for companies of similar size in the German market ($USD2.56M).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.

CEO

David Brown (49 yo)

10.7yrs

Tenure

US$5,900,840

Compensation

Mr. David Craig Brown has been Chief Executive Officer of Victory Capital Holdings, Inc. since August 2013 and has been its Chairman of Board since April 2014. He is a Director of Victory Capital Holdings,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Brown	Chairman of the Board of Directors & CEO	10.7yrs	US$5.90m	3.22% $ 99.9m
Michael Policarpo	President	5.1yrs	US$2.75m	1.7% $ 52.8m
Nina Gupta	Chief Legal Officer	7.8yrs	US$2.37m	0.32% $ 10.0m
Mannik Dhillon	President of Investment Franchises & Solutions and Head of Product & Strategy	less than a year	US$1.71m	0.43% $ 13.2m
Matthew Dennis	Chief of Staff & Director of Investor Relations	5.3yrs	no data	no data
Jessica Davila	Director of Global Communications	2.3yrs	no data	no data
Nikhil Sudan	President of Direct Investor Business	3.3yrs	no data	no data
Lisa Seballos	Director of Finance	no data	no data	no data

5.1yrs

Average Tenure

47yo

Average Age

Experienced Management: 3PK's management team is seasoned and experienced (5.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Brown	Chairman of the Board of Directors & CEO	10yrs	US$5.90m	3.22% $ 99.9m
Alan Rappaport	Independent Director	10.7yrs	US$210.00k	0.69% $ 21.5m
Robert Hurst	Independent Director	7.5yrs	US$185.00k	0.53% $ 16.4m
Richard DeMartini	Independent Director	10.7yrs	US$202.68k	1.06% $ 32.8m
Robert Delaney	Independent Director	1.9yrs	US$189.84k	0.54% $ 16.8m
Karin Hirtler-Garvey	Independent Director	9.5yrs	US$210.00k	0.059% $ 1.8m
Lawrence Davanzo	Independent Director	9.5yrs	US$199.84k	0.29% $ 9.1m
Mary Jackson	Independent Director	1.3yrs	US$177.00k	0.0054% $ 167.9k

9.5yrs

Average Tenure

68yo

Average Age

Experienced Board: 3PK's board of directors are considered experienced (9.5 years average tenure).

Victory Capital Holdings Management

Management criteria checks 3/4

Key information

Recent management updates

Victory Capital Holdings, Inc., Annual General Meeting, May 08, 2024

Victory Capital Holdings, Inc. Announces Resignation of Milton Berlinski to Its Board of Directors, Effective December 31, 2023

President of Investment Franchises recently sold €391k worth of stock

Victory Capital Holdings, Inc. Appoints Mary M. Jackson as Class II Director

Key Executive recently bought €1.5m worth of stock

Insufficient new directors

Recent updates

Victory Capital Holdings, Inc. (NasdaqGS:VCTR) signed a memorandum of understanding to acquire Amundi USA, Inc. from Amundi S.A. (ENXTPA:AMUN).

Victory Capital Holdings, Inc. to Report Q1, 2024 Results on May 09, 2024

Victory Capital Holdings, Inc., Annual General Meeting, May 08, 2024

Full year 2023 earnings released: EPS: US$3.22 (vs US$4.02 in FY 2022)

Upcoming dividend of US$0.34 per share

Fourth quarter dividend of US$0.34 announced

Full year 2023 earnings released: EPS: US$3.22 (vs US$4.02 in FY 2022)

Victory Capital Holdings, Inc. Approves Quarterly Cash Dividend, Payable on March 25, 2024

Victory Capital Holdings, Inc. to Report Q4, 2023 Results on Feb 08, 2024

Victory Capital Holdings, Inc. Announces Resignation of Milton Berlinski to Its Board of Directors, Effective December 31, 2023

Victory Capital Holdings, Inc. (NasdaqGS:VCTR) announces an Equity Buyback for $100 million worth of its shares.

Upcoming dividend of US$0.32 per share at 4.0% yield

Victory Capital Holdings, Inc. Approves Regular Quarterly Cash Dividend, Payable on December 22, 2023

Third quarter 2023 earnings released: EPS: US$0.79 (vs US$1.06 in 3Q 2022)

Victory Capital Holdings, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Upcoming dividend of US$0.32 per share at 3.7% yield

Second quarter 2023 earnings released: EPS: US$0.85 (vs US$1.16 in 2Q 2022)

Victory Capital Holdings, Inc. Approves Regular Quarterly Cash Dividend, Payable on September 25, 2023

Victory Capital Holdings, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Upcoming dividend of US$0.32 per share at 4.1% yield

Victory Capital Holdings, Inc. Approves Regular Quarterly Cash Dividend, Payable on June 26, 2023

First quarter 2023 earnings released: EPS: US$0.73 (vs US$1.04 in 1Q 2022)

Upcoming dividend of US$0.32 per share at 3.8% yield

President of Investment Franchises recently sold €391k worth of stock

Full year 2022 earnings released: EPS: US$4.02 (vs US$4.10 in FY 2021)

Victory Capital Holdings, Inc. Approves Regular Quarterly Cash Dividend, Payable on March 27, 2023

Victory Capital Holdings, Inc. Appoints Mary M. Jackson as Class II Director

Victory Capital Holdings, Inc. to Report Q4, 2022 Results on Feb 10, 2023

Key Executive recently bought €1.5m worth of stock

Upcoming dividend of US$0.25 per share

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$1.06 (vs US$1.09 in 3Q 2021)

Victory Capital Holdings, Inc. Quarterly Cash Dividend, Payable on December 23, 2022

Victory Capital Holdings, Inc. to Report Q3, 2022 Results on Nov 03, 2022

Upcoming dividend of US$0.25 per share

Second quarter 2022 earnings released: EPS: US$1.15 (vs US$1.02 in 2Q 2021)

Victory Capital Holdings, Inc. Approves Regular Quarterly Cash Dividend, Payable on September 26, 2022

Victory Capital Holdings, Inc. to Report Q2, 2022 Results on Aug 04, 2022

Independent Director recently bought €470k worth of stock

Upcoming dividend of US$0.25 per share

First quarter 2022 earnings released: EPS: US$1.04 (vs US$0.96 in 1Q 2021)

Victory Capital Holdings, Inc. Approves Regular Quarterly Cash Dividend, Payable on June 27, 2022

Insufficient new directors

Victory Capital Holdings, Inc. to Report Q1, 2022 Results on May 05, 2022

Victory Capital Holdings, Inc., Annual General Meeting, May 17, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.25 per share

Victory Capital Holdings, Inc. Declares Quarterly Cash Dividend, Payable on March 25, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Victory Capital Holdings, Inc. (NasdaqGS:VCTR) announces an Equity Buyback for $15 million worth of its shares.

Upcoming dividend of US$0.17 per share

Key Executive recently bought €904k worth of stock

Third quarter 2021 earnings released: EPS US$1.09 (vs US$0.82 in 3Q 2020)

Upcoming dividend of US$0.15 per share

Second quarter 2021 earnings released: EPS US$1.02 (vs US$0.66 in 2Q 2020)

Upcoming dividend of US$0.12 per share

Victory Capital Holdings, Inc. (NasdaqGS:VCTR) announces an Equity Buyback for $15 million worth of its shares.

First quarter 2021 earnings released: EPS US$0.96 (vs US$0.84 in 1Q 2020)

Victory Capital Holdings, Inc. Declares Regular Quarterly Cash Dividend, Payable on June 25, 2021

Full year 2020 earnings released: EPS US$3.14 (vs US$1.37 in FY 2019)

New 90-day high: €21.49

Victory Capital Holdings, Inc. (NasdaqGS:VCTR) completed the acquisition of certain assets of THB Asset Management.

Full year 2020 earnings released: EPS US$3.14 (vs US$1.37 in FY 2019)

Revenue beats expectations

Investor sentiment improved over the past week

New 90-day high: €20.29

Victory Capital Holdings, Inc. to Report Q4, 2020 Results on Feb 10, 2021

New 90-day high: €19.57

Victory Capital Holdings, Inc. Appoints Nikhil Sudan as President, Direct Investor Business