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BGC Partners Management

Management criteria checks 3/4

BGC Partners' CEO is Howard Lutnick, appointed in Jun 1999, he has a tenure of 24.08 years. His total yearly compensation is $13.00M , comprised of 7.7% salary and 92.3% bonuses, including company stock and options. He directly owns 4.47% of the company’s shares, worth $90.13M. The average tenure of the management team and the board of directors is 7.5 years and 5.6 years respectively.

Key information

Howard Lutnick

Chief executive officer

US$13.0m

Total compensation

CEO salary percentage	7.7%
CEO tenure	24.1yrs
CEO ownership	4.5%
Management average tenure	7.5yrs
Board average tenure	5.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Howard Lutnick's remuneration changed compared to BGC Partners's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2023	n/a	n/a	US$42m
Dec 31 2022	US$13m	US$1m	US$49m
Sep 30 2022	n/a	n/a	US$123m
Jun 30 2022	n/a	n/a	US$106m
Mar 31 2022	n/a	n/a	US$107m
Dec 31 2021	US$20m	US$1m	US$124m
Sep 30 2021	n/a	n/a	US$44m
Jun 30 2021	n/a	n/a	US$64m
Mar 31 2021	n/a	n/a	US$74m
Dec 31 2020	US$12m	US$1m	US$45m
Sep 30 2020	n/a	n/a	US$25m
Jun 30 2020	n/a	n/a	US$12m
Mar 31 2020	n/a	n/a	-US$632k
Dec 31 2019	US$12m	US$1m	US$44m
Sep 30 2019	n/a	n/a	US$48m
Jun 30 2019	n/a	n/a	US$82m
Mar 31 2019	n/a	n/a	US$88m
Dec 31 2018	US$30m	US$2m	US$77m
Sep 30 2018	n/a	n/a	-US$202m
Jun 30 2018	n/a	n/a	-US$151m
Mar 31 2018	n/a	n/a	-US$118m
Dec 31 2017	US$16m	US$1m	-US$125m
Sep 30 2017	n/a	n/a	US$216m
Jun 30 2017	n/a	n/a	US$221m
Mar 31 2017	n/a	n/a	US$209m
Dec 31 2016	US$14m	US$1m	-US$6m

Compensation vs Market: Howard's total compensation ($USD13.00M) is above average for companies of similar size in the UK market ($USD2.05M).

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

CEO

Howard Lutnick (61 yo)

24.1yrs

Tenure

US$13,000,000

Compensation

Mr. Howard W. Lutnick is Chairman & CEO of Cantor Fitzgerald, L.P. He is Chairman, CEO & President of Rodin Income Trust, Inc. from January 2018. He joined the Rodin Income Trust, Inc. in February 2017.He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Howard Lutnick	Chairman of the Board & CEO	24.1yrs	US$13.00m	4.47% $ 90.1m
Jason Hauf	Chief Financial Officer	1.1yrs	US$1.25m	no data
Sean Windeatt	Executive VP	14.5yrs	US$2.86m	no data
Stephen Merkel	Executive VP & General Counsel	24.1yrs	US$2.00m	0.047% $ 941.2k
Steven Sadoff	Chief Information Officer	3.1yrs	no data	no data
Jason Chryssicas	Head of Investor Relations	3.5yrs	no data	no data
Adrian Thomas	Director of Communications	no data	no data	no data
Karen Laureano-Rikardsen	Chief Marketing Officer	no data	no data	no data
Lori Pennay	Senior MD and Global Head of Human Resources & Partnership	11.5yrs	no data	no data
Shaun Lynn	Vice Chairman	2.8yrs	US$4.60m	no data
Jean-Pierre Aubin	Executive MD & Co-Global Head of Brokerage	no data	no data	no data
Louis Scotto	Chief Executive Officer of FMX	no data	no data	no data

7.5yrs

Average Tenure

59.5yo

Average Age

Experienced Management: 0HKM's management team is seasoned and experienced (7.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Howard Lutnick	Chairman of the Board & CEO	24.1yrs	US$13.00m	4.47% $ 90.1m
David Richards	Independent Director	5.6yrs	US$206.00k	0.011% $ 224.2k
Martin Laguerre	Independent Director	less than a year	no data	no data
Linda Bell	Independent Director	10yrs	US$221.00k	0.0042% $ 85.3k
Arthur Mbanefo	Independent Director	1.8yrs	US$271.75k	0.0029% $ 59.5k

5.6yrs

Average Tenure

61yo

Average Age

Experienced Board: 0HKM's board of directors are considered experienced (5.6 years average tenure).

This company listing is no longer active

BGC Partners Management

Management criteria checks 3/4

Key information

Recent management updates

BGC Partners, Inc. Appoints Martin Laguerre to Serve as Member of the Board

BGC Partners, Inc., Annual General Meeting, Dec 30, 2022

BGC Partners, Inc. Announces Chief Financial Officer Changes

Insufficient new directors

Recent updates

Investor sentiment improves as stock rises 16%

BGC Partners, Inc. announced that it expects to receive $350 million in funding

Upcoming dividend of US$0.01 per share at 1.0% yield

First quarter 2023 earnings released: EPS: US$0.051 (vs US$0.071 in 1Q 2022)

BGC Partners, Inc. Reports Unaudited Impairment of Long-Lived Assets for the First Quarter Ended March 31, 2023

BGC Partners, Inc. Provides Revenue Guidance for the Second Quarter of 2023

Upcoming dividend of US$0.01 per share at 0.8% yield

Full year 2022 earnings released: EPS: US$0.13 (vs US$0.33 in FY 2021)

BGC Partners, Inc. Appoints Martin Laguerre to Serve as Member of the Board

BGC Partners, Inc. to Report Q4, 2022 Results on Feb 27, 2023

BGC Partners, Inc. Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2022

BGC Partners, Inc., Annual General Meeting, Dec 30, 2022

Third quarter 2022 earnings released: EPS: US$0.016 (vs US$0.029 loss in 3Q 2021)

BGC Partners, Inc. Declares Quarterly Qualified Cash Dividend, Payable on December 6, 2022

BGC Partners, Inc. to Report Q3, 2022 Results on Nov 02, 2022

BGC Partners, Inc. Wins Lawsuit Challenging Purchase of Berkeley Point

Upcoming dividend of US$0.01 per share

Bgc Partners, Inc. Provides Revenue Guidance for Third Quarter 202

Second quarter 2022 earnings released: EPS: US$0.04 (vs US$0.041 in 2Q 2021)

BGC Partners, Inc. to Report Q2, 2022 Results on Aug 03, 2022

BGC Partners, Inc. Updates Earnings Guidance for the Second Quarter Ending June 30, 2022

BGC Partners, Inc. Announces Chief Financial Officer Changes

Upcoming dividend of US$0.01 per share

First quarter 2022 earnings released: EPS: US$0.071 (vs US$0.12 in 1Q 2021)

BGC Partners, Inc. to Report Q1, 2022 Results on May 02, 2022

BGC Partners, Inc. Updates Revenue Guidance for the First Quarter Ending March 31, 2022

Upcoming dividend of US$0.01 per share

BGC Partners, Inc. Provides an Updated Earnings Guidance for the First Quarter of 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

BGC Partners, Inc. Declares Quarterly, Payable on March 22, 2022

BGC Partners, Inc. Reaffirms Earnings Guidance for the Fourth Quarter Ending December 31, 2021

BGC Partners, Inc. has completed a Follow-on Equity Offering in the amount of $210.752417 million.

Upcoming dividend of US$0.01 per share

Third quarter 2021 earnings released: US$0.029 loss per share (vs US$0.053 profit in 3Q 2020)

Insufficient new directors

Upcoming dividend of US$0.01 per share

Second quarter 2021 earnings released: EPS US$0.048 (vs US$0.078 in 2Q 2020)

The Ardonagh Group Limited agreed to acquire Ed Broking Group Limited and Besso Insurance Group Limited from BGC Partners, Inc. (NasdaqGS:BGCP) for $500 million.

Upcoming dividend of US$0.01 per share

First quarter 2021 earnings released: EPS US$0.12 (vs US$0.04 in 1Q 2020)

BGC Partners Reaffirms Revenue Guidance for the First Quarter Ending March 31, 2021

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS US$0.13 (vs US$0.16 in FY 2019)

Revenue beats expectations

Investor sentiment improved over the past week

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age