BGC Group Management
Management criteria checks 2/4
BGC Group's CEO is Howard Lutnick, appointed in Jun 1999, has a tenure of 24.92 years. total yearly compensation is $17.04M, comprised of 5.9% salary and 94.1% bonuses, including company stock and options. directly owns 5.25% of the company’s shares, worth $227.84M. The average tenure of the management team and the board of directors is 7.3 years and 6.4 years respectively.
Key information
Howard Lutnick
Chief executive officer
US$17.0m
Total compensation
| CEO salary percentage | 5.9% |
| CEO tenure | 24.9yrs |
| CEO ownership | 5.3% |
| Management average tenure | 7.3yrs |
| Board average tenure | 6.4yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$64m |
| Dec 31 2023 | US$17m | US$1m | US$34m |
| Sep 30 2023 | n/a | n/a | US$17m |
| Jun 30 2023 | n/a | n/a | US$7m |
| 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$125m |
Compensation vs Market: Howard's total compensation ($USD17.04M) is above average for companies of similar size in the US market ($USD6.67M).
Compensation vs Earnings: Howard's compensation has increased by more than 20% in the past year.
CEO
Howard Lutnick (61 yo)
24.9yrs
Tenure
US$17,044,535
Compensation
Mr. Howard W. Lutnick has been the Chairman of the Board and Chief Executive Officer of BGC Group, Inc. from June 1999. He is Chief Executive Officer of BGC Partners, L.P. He is Chief Executive Officer of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 24.9yrs | US$17.04m | 5.25% $ 227.8m | |
| Executive VP & CFO | 1.9yrs | US$1.35m | 0.0089% $ 385.2k | |
| COO & Co-Global Head of Brokerage | 15.3yrs | US$4.79m | 0.34% $ 14.7m | |
| Executive VP | 24.9yrs | US$2.30m | 0.012% $ 526.6k | |
| Chief Information Officer | 3.9yrs | no data | no data | |
| Head of Investor Relations | 4.3yrs | no data | no data | |
| Senior MD and Chief Marketing & Communications Officer | 1.3yrs | no data | no data | |
| Senior MD | 12.3yrs | no data | no data | |
| Executive MD | no data | no data | no data | |
| Chief Executive Officer of FMX | no data | no data | no data | |
| Senior VP & Head of Carbon Markets | no data | no data | no data | |
| Head of Credit Strategy in London | 7.3yrs | no data | no data |
7.3yrs
Average Tenure
59yo
Average Age
Experienced Management: BGC's management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 24.9yrs | US$17.04m | 5.25% $ 227.8m | |
| Independent Director | 6.4yrs | US$228.00k | 0.018% $ 784.2k | |
| Independent Director | less than a year | US$337.00k | no data | |
| Independent Director | 10.8yrs | US$379.00k | 0.0068% $ 295.0k | |
| Independent Director | 2.6yrs | US$404.00k | 0.0060% $ 262.0k |
6.4yrs
Average Tenure
64yo
Average Age
Experienced Board: BGC's board of directors are considered experienced (6.4 years average tenure).