Virtus Investment Partners Management

Management criteria checks 3/4

Virtus Investment Partners' CEO is George Aylward, appointed in Nov 2006, has a tenure of 17.42 years. total yearly compensation is $6.62M, comprised of 9.1% salary and 90.9% bonuses, including company stock and options. directly owns 3.67% of the company’s shares, worth €55.53M. The average tenure of the management team and the board of directors is 6.5 years and 9.5 years respectively.

Key information

George Aylward

Chief executive officer

US$6.6m

Total compensation

CEO salary percentage	9.1%
CEO tenure	17.4yrs
CEO ownership	3.7%
Management average tenure	6.5yrs
Board average tenure	9.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has George Aylward's remuneration changed compared to Virtus Investment Partners's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$122m
Dec 31 2023	US$7m	US$600k	US$131m
Sep 30 2023	n/a	n/a	US$135m
Jun 30 2023	n/a	n/a	US$136m
Mar 31 2023	n/a	n/a	US$123m
Dec 31 2022	US$7m	US$600k	US$118m
Sep 30 2022	n/a	n/a	US$132m
Jun 30 2022	n/a	n/a	US$159m
Mar 31 2022	n/a	n/a	US$205m
Dec 31 2021	US$9m	US$600k	US$208m
Sep 30 2021	n/a	n/a	US$202m
Jun 30 2021	n/a	n/a	US$173m
Mar 31 2021	n/a	n/a	US$121m
Dec 31 2020	US$8m	US$592k	US$80m
Sep 30 2020	n/a	n/a	US$57m
Jun 30 2020	n/a	n/a	US$50m
Mar 31 2020	n/a	n/a	US$63m
Dec 31 2019	US$7m	US$550k	US$87m
Sep 30 2019	n/a	n/a	US$67m
Jun 30 2019	n/a	n/a	US$69m
Mar 31 2019	n/a	n/a	US$66m
Dec 31 2018	US$4m	US$550k	US$67m
Sep 30 2018	n/a	n/a	US$71m
Jun 30 2018	n/a	n/a	US$62m
Mar 31 2018	n/a	n/a	US$39m
Dec 31 2017	US$8m	US$550k	US$29m

Compensation vs Market: George's total compensation ($USD6.62M) is above average for companies of similar size in the German market ($USD1.62M).

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

CEO

George Aylward (59 yo)

17.4yrs

Tenure

US$6,616,500

Compensation

Mr. George Robert Aylward, Jr., CPA is President, CEO & Director of Virtus Investment Partners, Inc. from 2009. He joined the Virtus Investment Partners, Inc. in 1996. He was Director of Virtus Investment...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
George Aylward	President	17.4yrs	US$6.62m	3.67% $ 55.5m
Michael Angerthal	Executive VP	15.3yrs	US$3.14m	0.94% $ 14.2m
Richard Smirl	Executive VP & COO	2.9yrs	US$3.24m	0.061% $ 918.9k
Mardelle Peña	Executive VP & Chief Human Resources Officer	14.3yrs	US$1.18m	0.22% $ 3.3m
Barry Mandinach	Executive VP & Head of Distribution	10yrs	US$2.41m	0.24% $ 3.7m
Sean Rourke	Vice President of Investor Relations	no data	no data	no data
Andra Purkalitis	Executive VP	less than a year	no data	no data
Joe Fazzino	Vice President of Corporate Communications	no data	no data	no data
William Bradley	Executive Vice President of Fund Services	no data	US$1.11m	no data
Thomas Franco	Senior Managing Director & Head of Retail Sales	less than a year	no data	no data
Joseph Maccone	Senior Managing Director & Head of Strategic Distribution	less than a year	no data	no data
David Albrycht	Portfolio Manager	no data	no data	no data

6.5yrs

Average Tenure

59yo

Average Age

Experienced Management: VIP's management team is seasoned and experienced (6.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
George Aylward	President	15.5yrs	US$6.62m	3.67% $ 55.5m
Timothy Holt	Independent Non-Executive Chairman	15.3yrs	US$372.47k	0.42% $ 6.4m
Stephen Zarrilli	Independent Non-Executive Director	9.5yrs	US$214.98k	0.050% $ 753.6k
Susan S. Cabrera	Independent Non-Executive Director	15.3yrs	US$227.48k	0.22% $ 3.4m
Peter Bain	Independent Director	4.5yrs	US$214.98k	0.041% $ 625.6k
Paul Greig	Independent Director	4.5yrs	US$224.98k	0.043% $ 643.3k
Melody Jones	Independent Director	9.5yrs	US$232.48k	0.11% $ 1.6m
W. Morris	Independent Director	3.1yrs	US$214.98k	0.019% $ 284.6k

9.5yrs

Average Tenure

62.5yo

Average Age

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

Virtus Investment Partners Management

Management criteria checks 3/4

Key information

Recent management updates

Virtus Investment Partners, Inc., Annual General Meeting, May 15, 2024

Independent Non-Executive Director recently sold €490k worth of stock

Executive VP recently sold €1.7m worth of stock

Virtus Investment Partners, Inc. Names Andra Purkalitis as Executive Vice President, Chief Legal Officer, General Counsel, and Corporate Secretary

Virtus Investment Partners, Inc. Announces Executive Appointments

Insufficient new directors

Recent updates

First quarter 2024 earnings released: EPS: US$4.19 (vs US$5.33 in 1Q 2023)

Upcoming dividend of US$1.90 per share

Virtus Investment Partners, Inc. to Report Q1, 2024 Results on Apr 26, 2024

Virtus Investment Partners, Inc., Annual General Meeting, May 15, 2024

Independent Non-Executive Director recently sold €490k worth of stock

Full year 2023 earnings released: EPS: US$18.02 (vs US$15.90 in FY 2022)

Dividend of US$1.90 announced

Virtus Investment Partners, Inc. Declares Quarterly Cash Dividend for the First Quarter of 2024, Payable on May 15, 2024

Executive VP recently sold €1.7m worth of stock

Full year 2023 earnings released: EPS: US$18.02 (vs US$15.90 in FY 2022)

Now 22% undervalued

Upcoming dividend of US$1.90 per share at 3.2% yield

Virtus Investment Partners, Inc. to Report Q4, 2023 Results on Feb 02, 2024

Virtus Investment Partners, Inc.(NYSE:VRTS) dropped from NASDAQ Composite Index

Now 21% undervalued

Virtus Investment Partners Declares Quarterly Cash Dividend for the Fourth Quarter of 2023, Payable on February 15, 2024

Virtus Investment Partners, Inc. Names Andra Purkalitis as Executive Vice President, Chief Legal Officer, General Counsel, and Corporate Secretary

Third quarter 2023 earnings released: EPS: US$4.26 (vs US$4.34 in 3Q 2022)

Upcoming dividend of US$1.90 per share at 4.4% yield

Virtus Investment Partners, Inc. to Report Q3, 2023 Results on Oct 27, 2023

Virtus Investment Partners, Inc. Approves a Quarterly Common Stock Cash Dividend for the Third Quarter of 2023, Payable on November 15, 2023

Second quarter 2023 earnings released: EPS: US$4.14 (vs US$2.34 in 2Q 2022)

Now 20% undervalued

Upcoming dividend of US$1.65 per share at 3.0% yield

Virtus Investment Partners, Inc. Announces Executive Appointments

First quarter 2023 earnings released: EPS: US$5.33 (vs US$4.38 in 1Q 2022)

Upcoming dividend of US$1.65 per share at 3.5% yield

Now 21% undervalued after recent price drop

Now 21% undervalued

Full year 2022 earnings released: EPS: US$15.90 (vs US$27.13 in FY 2021)

Upcoming dividend of US$1.65 per share

Virtus Investment Partners, Inc. to Report Q4, 2022 Results on Feb 03, 2023

Now 20% undervalued

Stone Harbor Investment Partners Introduces Actively Managed Emerging Market High Yield Debt Etf

Virtus Investment Partners, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on February 15, 2023

Insufficient new directors

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$4.34 (vs US$7.64 in 3Q 2021)

Virtus Investment Partners, Inc. (NasdaqGS : VRTS) agreed to acquire AlphaSimplex Group, LLC fromNatixis Investment Managers, L.P.

Upcoming dividend of US$1.65 per share

Virtus Investment Partners, Inc. to Report Q3, 2022 Results on Oct 26, 2022

Virtus Investment Partners, Inc. Increases Quarterly Common Stock Dividend, Payable on November 15, 2022

Second quarter 2022 earnings released: EPS: US$2.34 (vs US$8.18 in 2Q 2021)

Upcoming dividend of US$1.50 per share

Virtus Investment Partners, Inc. to Report Q2, 2022 Results on Jul 29, 2022

Virtus Investment Partners, Inc. Declares Cash Dividend for the Second Quarter of 2022, Payable on August 15, 2022

First quarter 2022 earnings released: EPS: US$4.38 (vs US$4.79 in 1Q 2021)

Upcoming dividend of US$1.50 per share

Virtus Investment Partners, Inc. to Report Q1, 2022 Results on Apr 29, 2022

Virtus Investment Partners, Inc., Annual General Meeting, May 18, 2022

Virtus Investment Partners, Inc. Declares Cash Dividend for the First Quarter of 2022, Payable on May 13, 2022

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

Upcoming dividend of US$1.50 per share

Virtus Investment Partners, Inc. (NasdaqGS:VRTS) completed the acquisition of Stone Harbor Investment Partners LP from SHIP Capital Partners, LP and Stone Harbor Investment Partners GP, LLC.

Executive VP & Head of Distribution recently sold €1.3m worth of stock

Insider recently sold €88k worth of stock

Insider recently sold €300k worth of stock

Third quarter 2021 earnings released: EPS US$7.64 (vs US$3.86 in 3Q 2020)

Upcoming dividend of US$1.50 per share

Independent Non-Executive Director recently sold €428k worth of stock

Second quarter 2021 earnings released: EPS US$8.18 (vs US$1.46 in 2Q 2020)

Upcoming dividend of US$0.82 per share

Virtus Investment Partners, Inc.(NasdaqGS:VRTS) dropped from Russell 3000E Value Index

Virtus Launches Virtus KAR Developing Markets Fund Managed by Kayne Anderson Rudnick

Insider recently sold €683k worth of stock

Insider recently sold €684k worth of stock

Virtus Investment Partners, Inc. Declares Cash Dividend for the Second Quarter of 2021, Payable on August 13, 2021

Insider recently sold €229k worth of stock

First quarter 2021 earnings released: EPS US$4.79 (vs US$0.58 loss in 1Q 2020)