Interactive Brokers Group Management

Management criteria checks 3/4

Interactive Brokers Group's CEO is Milan Galik, appointed in Oct 2014, has a tenure of 9.42 years. total yearly compensation is $14.04M, comprised of 3.7% salary and 96.3% bonuses, including company stock and options. directly owns 0.79% of the company’s shares, worth MX$6.09B. The average tenure of the management team and the board of directors is 14.8 years and 10.8 years respectively.

Key information

Milan Galik

Chief executive officer

US$14.0m

Total compensation

CEO salary percentage	3.7%
CEO tenure	9.4yrs
CEO ownership	0.8%
Management average tenure	14.8yrs
Board average tenure	10.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Milan Galik's remuneration changed compared to Interactive Brokers Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$600m
Sep 30 2023	n/a	n/a	US$576m
Jun 30 2023	n/a	n/a	US$508m
Mar 31 2023	n/a	n/a	US$455m
Dec 31 2022	US$14m	US$520k	US$380m
Sep 30 2022	n/a	n/a	US$311m
Jun 30 2022	n/a	n/a	US$254m
Mar 31 2022	n/a	n/a	US$274m
Dec 31 2021	US$12m	US$500k	US$308m
Sep 30 2021	n/a	n/a	US$312m
Jun 30 2021	n/a	n/a	US$316m
Mar 31 2021	n/a	n/a	US$256m
Dec 31 2020	US$10m	US$480k	US$195m
Sep 30 2020	n/a	n/a	US$168m
Jun 30 2020	n/a	n/a	US$158m
Mar 31 2020	n/a	n/a	US$158m
Dec 31 2019	US$8m	US$465k	US$161m
Sep 30 2019	n/a	n/a	US$160m
Jun 30 2019	n/a	n/a	US$163m
Mar 31 2019	n/a	n/a	US$172m
Dec 31 2018	US$8m	US$455k	US$169m
Sep 30 2018	n/a	n/a	US$124m
Jun 30 2018	n/a	n/a	US$116m
Mar 31 2018	n/a	n/a	US$98m
Dec 31 2017	US$7m	US$440k	US$76m

Compensation vs Market: Milan's total compensation ($USD14.04M) is above average for companies of similar size in the MX market ($USD5.44M).

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

CEO

Milan Galik (56 yo)

9.4yrs

Tenure

US$14,041,986

Compensation

Mr. Milan Galik has been Chief Executive Officer of Interactive Brokers Group, Inc. since October 1, 2019. Mr. Galik has been the President of Interactive Brokers Group, Inc., and IBG LLC since October 201...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Thomas Peterffy	Founder & Chairman	17.3yrs	US$687.50k	1.52% $ 11.7b
Milan Galik	President	9.4yrs	US$14.04m	0.79% $ 6.1b
Paul Brody	CFO, Treasurer	20.3yrs	US$6.02m	0.54% $ 4.2b
Thomas A. Frank	Executive VP & Chief Information Officer	24.7yrs	US$2.49m	0.072% $ 553.9m
Denis Mendonca	Chief Accounting Officer	8.2yrs	no data	0.0084% $ 64.9m
Nancy Stuebe	Director of Investor Relations	no data	no data	no data
David Eric Friedland	Managing Director of Asia Pacific Operations	no data	no data	no data

14.8yrs

Average Tenure

61yo

Average Age

Experienced Management: IBKR *'s management team is seasoned and experienced (14.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Thomas Peterffy	Founder & Chairman	17.3yrs	US$687.50k	1.52% $ 11.7b
Milan Galik	President	17.3yrs	US$14.04m	0.79% $ 6.1b
Paul Brody	CFO, Treasurer	17.3yrs	US$6.02m	0.54% $ 4.2b
Richard Repetto	Independent Director	less than a year	no data	no data
Earl Nemser	Independent Vice Chairman	17.3yrs	US$2.84m	0.054% $ 412.6m
Lawrence Harris	Lead Independent Director	16.7yrs	US$187.50k	0.059% $ 455.5m
Nicole Yuen	Independent Director	3.7yrs	US$200.40k	0.0016% $ 12.3m
Jill Bright	Independent Director	1.9yrs	US$156.25k	0.0013% $ 9.9m
Philip Uhde	Independent Director	4.9yrs	US$162.89k	0.0021% $ 16.2m
William Peterffy	Director	3.9yrs	US$221.34k	0.0016% $ 12.3m

10.8yrs

Average Tenure

61.5yo

Average Age

Experienced Board: IBKR *'s board of directors are seasoned and experienced ( 10.8 years average tenure).

Interactive Brokers Group Management

Management criteria checks 3/4

Key information

Recent management updates

Interactive Brokers Group, Inc., Annual General Meeting, Apr 18, 2024

Interactive Brokers Group, Inc. Appoints Rich Repetto to Its Board of Directors

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Interactive Brokers Launches Cryptocurrency Trading for UK Clients

Interactive Brokers Launches Daily Options on the CAC 40® Index

Interactive Brokers Group, Inc. Declares Increase in the Quarterly Cash Dividend, Payable on June 14, 2024

Interactive Brokers Introduces High Touch Prime Brokerage Service and Global Outsourced Trading for US Hedge Funds

Interactive Brokers Group, Inc. to Report Q1, 2024 Results on Apr 16, 2024

Interactive Brokers Group, Inc., Annual General Meeting, Apr 18, 2024

Interactive Brokers Group, Inc. Declares Quarterly Cash Dividend, Payable on March 14, 2024

Interactive Brokers Group, Inc. Appoints Rich Repetto to Its Board of Directors

Interactive Brokers Group, Inc. to Report Q4, 2023 Results on Jan 16, 2024

Less than half of directors are independent

Less than half of directors are independent

Interactive Brokers Group, Inc. Declares Quarterly Cash Dividend, Payable on December 14, 2023

Interactive Brokers Group, Inc. to Report Q3, 2023 Results on Oct 17, 2023

First half 2023 earnings released: EPS: US$2.64 (vs US$1.47 in 1H 2022)

Less than half of directors are independent

Interactive Brokers Expands Overnight Trading to over 10,000 US Stocks and ETFs

Less than half of directors are independent

Interactive Brokers Group, Inc. to Report Q2, 2023 Results on Jul 18, 2023

Interactive Brokers Introduces Access to Nasdaq Copenhagen and the Prague Stock Exchange

Full year 2022 earnings released: EPS: US$3.78 (vs US$3.27 in FY 2021)

Upcoming dividend of US$0.10 per share at 0.5% yield

Interactive Brokers Group, Inc. Declares Quarterly Cash Dividend, Payable on March 14, 2023

Interactive Brokers Group, Inc. to Report Q4, 2022 Results on Jan 17, 2023

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: US$0.99 (vs US$0.44 in 3Q 2021)

Interactive Brokers Group, Inc. Declares A Quarterly Cash Dividend, Payable on December 14, 2022

Interactive Brokers Group, Inc. to Report Q3, 2022 Results on Oct 18, 2022

Interactive Brokers Expands Cryptocurrency Trading

Interactive Brokers Group, Inc. Announces Quarterly Dividend, Payable on September 14, 2022

Interactive Brokers Group, Inc. to Report Q2, 2022 Results on Jul 19, 2022

Interactive Brokers Introduces Fractional Shares Trading in European Stocks and ETFs

First quarter 2022 earnings released: EPS: US$0.74 (vs US$1.18 in 1Q 2021)

Interactive Brokers Group, Inc. Brokers Appoints Jill Bright to Its Board of Directors

Interactive Brokers Group, Inc. Declares Quarterly Cash Dividend, Payable on June 14, 2022

Interactive Brokers Group, Inc. to Report Q1, 2022 Results on Apr 19, 2022

Interactive Brokers Introduces Simple Mobile App for Global Stock Trading

Interactive Brokers Introduces Traders’ Insight Radio

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

Upcoming dividend of US$0.10 per share

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

Upcoming dividend of US$0.10 per share

Third quarter 2021 earnings released: EPS US$0.44 (vs US$0.59 in 3Q 2020)

Chief Accounting Officer recently sold Mex$13m worth of stock

Third quarter 2021 earnings released: EPS US$0.46 (vs US$0.59 in 3Q 2020)

Interactive Brokers Group Introduces Cryptocurrency Trading Through Paxos

Interactive Brokers Group Launches Prepaid Mastercard® in Canada

Upcoming dividend of US$0.10 per share

Second quarter 2021 earnings released: EPS US$1.01 (vs US$0.41 in 2Q 2020)

Upcoming dividend of US$0.10 per share

First quarter 2021 earnings released: EPS US$1.18 (vs US$0.60 in 1Q 2020)

Interactive Brokers Group, Inc. Launches US Spot Gold Trading

First quarter 2021 earnings released: EPS US$1.18 (vs US$0.60 in 1Q 2020)

Interactive Brokers Group, Inc., Annual General Meeting, Apr 22, 2021

Full year 2020 earnings released: EPS US$2.44 (vs US$2.12 in FY 2019)

Revenue beats expectations

Upcoming Dividend of US$0.10 Per Share

Revenue beats expectations

Revenue beats expectations

Full year 2020 earnings released: EPS US$2.44

Investor sentiment improved over the past week

Interactive Brokers Group, Inc. to Report Q4, 2020 Results on Jan 19, 2021

Interactive Brokers Group, Inc. (NasdaqGS:IBKR) signed an agreement to acquire Retail Brokerage Business of Folio Investments, Inc.

Third-quarter earnings released: Revenue beats expectations

Third quarter earnings released

Interactive Brokers Group, Inc. to Report Q3, 2020 Results on Oct 20, 2020

Interactive Brokers Group, Inc. (NasdaqNM: IBKR) completed the acquisition of FutureTrade Technologies, Inc. from Menlo Ventures, Garage Technology Ventures and Smart Technology Ventures.

Interactive Brokers Group, Inc. to Report Q2, 2020 Results on Jul 21, 2020

Interactive Brokers Group, Inc.(NasdaqGS:IBKR) dropped from Russell 3000 Growth Index

CEO Compensation Analysis