MarketAxess Holdings Management
Management criteria checks 3/4
MarketAxess Holdings' CEO is Chris Concannon, appointed in Apr 2023, has a tenure of 5.25 years. total yearly compensation is $8.29M, comprised of 7.8% salary and 92.2% bonuses, including company stock and options. directly owns 0.086% of the company’s shares, worth $6.55M. The average tenure of the management team and the board of directors is 2.8 years and 6.8 years respectively.
Key information
Chris Concannon
Chief executive officer
US$8.3m
Total compensation
| CEO salary percentage | 7.8% |
| CEO tenure | less than a year |
| CEO ownership | 0.09% |
| Management average tenure | 2.8yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
MarketAxess Holdings Inc.'s (NASDAQ:MKTX) Price Is Out Of Tune With Earnings
Apr 02
MarketAxess Holdings: 2024 Setting Up To Be A Make Or Break Year
Feb 25Subdued Growth No Barrier To MarketAxess Holdings Inc. (NASDAQ:MKTX) With Shares Advancing 26%
Dec 27MarketAxess Q3 2022 Earnings Preview
Oct 18Narrowing Down High-Quality Dividend Growth: Maybe It's Time For MarketAxess
Aug 29MarketAxess saw a 6.9% M/M drop in July total trading ADV
Aug 03MarketAxess Q2 2022 Earnings Preview
Jul 19MarketAxess Or Tradeweb, Which Is The Better Stock?
Jul 01MarketAxess: Approaching A Defensible Valuation
Apr 12MarketAxess Holdings Stock: A Transitional Year For Growth
Feb 08High Quality Dividend Growth Near 52-Week Lows: MarketAxess Merits Examination
Nov 20Formerly High-Flying MarketAxess Still Risky Even At 52-Week Lows
Oct 12Here's Why I Think MarketAxess Holdings (NASDAQ:MKTX) Might Deserve Your Attention Today
Aug 03MarketAxess: Network Effects Will Compound Future Profitability
Jul 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$8m | US$650k | US$258m |
| Sep 30 2023 | n/a | n/a | US$248m |
| Jun 30 2023 | n/a | n/a | US$252m |
| Mar 31 2023 | n/a | n/a | US$259m |
| Dec 31 2022 | US$4m | US$500k | US$250m |
| Sep 30 2022 | n/a | n/a | US$243m |
| Jun 30 2022 | n/a | n/a | US$242m |
| Mar 31 2022 | n/a | n/a | US$242m |
| Dec 31 2021 | US$4m | US$500k | US$258m |
| Sep 30 2021 | n/a | n/a | US$279m |
| Jun 30 2021 | n/a | n/a | US$288m |
| Mar 31 2021 | n/a | n/a | US$305m |
| Dec 31 2020 | US$4m | US$500k | US$299m |
| Sep 30 2020 | n/a | n/a | US$277m |
| Jun 30 2020 | n/a | n/a | US$263m |
| Mar 31 2020 | n/a | n/a | US$227m |
| Dec 31 2019 | US$14m | US$474k | US$205m |
Compensation vs Market: Chris's total compensation ($USD8.29M) is about average for companies of similar size in the US market ($USD8.23M).
Compensation vs Earnings: Chris's compensation has increased by more than 20% in the past year.
CEO
Chris Concannon (56 yo)
less than a year
Tenure
US$8,293,086
Compensation
Mr. Christopher Robert Concannon, also known as Chris, has been Chief Executive Officer at MarketAxess Holdings Inc. since April 03, 2023 and also serves as its Director since January 22, 2019 and is its I...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 24yrs | US$5.42m | 1.4% $ 105.9m | |
| CEO, Interim CFO & Director | less than a year | US$8.29m | 0.086% $ 6.6m | |
| Chief Information Officer | 2.1yrs | US$1.91m | 0.0034% $ 254.2k | |
| Chief Revenue Officer | less than a year | US$2.70m | 0.17% $ 12.9m | |
| Head of EMEA & APAC - MarketAxess Europe Limited & Post-Trade | 7.1yrs | US$1.93m | 0.011% $ 852.1k | |
| Head of External Reporting & Interim Principal Accounting Officer | less than a year | no data | 0.0017% $ 131.3k | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel & Corporate Secretary | 10.2yrs | no data | 0.015% $ 1.1m | |
| Chief Human Resources Officer | 3.3yrs | no data | no data | |
| Global Head of Trading Solutions | 22.1yrs | no data | no data | |
| Global Head of Operations Services | 24yrs | US$944.00k | no data | |
| Chief Experience Officer | 2.3yrs | no data | no data |
2.8yrs
Average Tenure
56yo
Average Age
Experienced Management: MKTX's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 24yrs | US$5.42m | 1.4% $ 105.9m | |
| CEO, Interim CFO & Director | 5.3yrs | US$8.29m | 0.086% $ 6.6m | |
| Independent Director | 10.4yrs | US$295.05k | 0.018% $ 1.4m | |
| Independent Director | 20yrs | US$279.44k | 0.14% $ 11.0m | |
| Lead Independent Director | 5yrs | US$309.66k | 0.00097% $ 73.6k | |
| Independent Director | less than a year | US$144.40k | 0.054% $ 4.1m | |
| Independent Director | 7yrs | US$267.35k | 0.0083% $ 629.0k | |
| Independent Director | 4.8yrs | US$276.69k | 0.010% $ 782.3k | |
| Independent Director | 12yrs | US$262.78k | 0.018% $ 1.4m | |
| Independent Director | 6.5yrs | US$256.69k | 0.0076% $ 575.9k | |
| Independent Director | 10.5yrs | US$279.19k | 0.019% $ 1.5m | |
| Independent Director | 3.8yrs | US$266.69k | 0.0042% $ 317.9k |
6.8yrs
Average Tenure
62yo
Average Age
Experienced Board: MKTX's board of directors are considered experienced (6.8 years average tenure).