Virtu Financial Management
Management criteria checks 3/4
Virtu Financial's CEO is Doug Cifu, appointed in Nov 2013, has a tenure of 10.42 years. total yearly compensation is $12.05M, comprised of 9.5% salary and 90.5% bonuses, including company stock and options. directly owns 1.15% of the company’s shares, worth $25.16M. The average tenure of the management team and the board of directors is 4.3 years and 8 years respectively.
Key information
Doug Cifu
Chief executive officer
US$12.1m
Total compensation
| CEO salary percentage | 9.5% |
| CEO tenure | 10.4yrs |
| CEO ownership | 1.1% |
| Management average tenure | 4.3yrs |
| Board average tenure | 8yrs |
Recent management updates
Recent updates
Virtu Financial, Inc.'s (NASDAQ:VIRT) Price Is Right But Growth Is Lacking
Mar 04
Virtu Financial (NASDAQ:VIRT) Has Announced A Dividend Of $0.24
Jan 28Virtu Financial: A Powerful Hedge
Jan 18Virtu Financial (NASDAQ:VIRT) Will Pay A Dividend Of $0.24
Aug 29Virtu Financial's (NASDAQ:VIRT) Dividend Will Be $0.24
May 21Virtu Financial (NASDAQ:VIRT) Is Due To Pay A Dividend Of $0.24
May 04Virtu Financial (NASDAQ:VIRT) Will Pay A Dividend Of $0.24
Nov 22Virtu Financial: Benefits From Market Volatility
Sep 26Virtu Financial (NASDAQ:VIRT) Has Announced A Dividend Of $0.24
Aug 02Virtu Financial Non-GAAP EPS of $0.73 beats by $0.01, revenue of $604.74M beats by $244.84M
Jul 28Virtu Financial (NASDAQ:VIRT) Has Announced A Dividend Of US$0.24
May 17Virtu Financial (NASDAQ:VIRT) Has Re-Affirmed Its Dividend Of US$0.24
May 03Virtu Financial: Top Momentum Stock To Put On Your Radar In 2022
Apr 25Virtu Financial (NASDAQ:VIRT) Has Re-Affirmed Its Dividend Of US$0.24
Feb 11New Forecasts: Here's What Analysts Think The Future Holds For Virtu Financial, Inc. (NASDAQ:VIRT)
Feb 09Virtu Financial - A Market Maker With A 'Buy' At The Right Price
Feb 04Virtu Financial (NASDAQ:VIRT) Has Affirmed Its Dividend Of US$0.24
Nov 07Virtu Financial: Profit From Next Crash While Collecting A Safe 4.1% Yield Boosted By Buybacks
Sep 16Virtu Financial (NASDAQ:VIRT) Is Due To Pay A Dividend Of US$0.24
Aug 24Virtu Financial (NASDAQ:VIRT) Will Pay A Dividend Of US$0.24
Aug 10With EPS Growth And More, Virtu Financial (NASDAQ:VIRT) Is Interesting
Aug 02Virtu: Analysts May Be Grossly Underestimating Q2
Jul 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$132m |
| Dec 31 2023 | n/a | n/a | US$134m |
| Sep 30 2023 | n/a | n/a | US$156m |
| Jun 30 2023 | n/a | n/a | US$136m |
| Mar 31 2023 | n/a | n/a | US$202m |
| Dec 31 2022 | US$12m | US$1m | US$255m |
| Sep 30 2022 | n/a | n/a | US$329m |
| Jun 30 2022 | n/a | n/a | US$359m |
| Mar 31 2022 | n/a | n/a | US$339m |
| Dec 31 2021 | US$10m | US$1m | US$463m |
| Sep 30 2021 | n/a | n/a | US$472m |
| Jun 30 2021 | n/a | n/a | US$517m |
| Mar 31 2021 | n/a | n/a | US$649m |
| Dec 31 2020 | US$12m | US$1m | US$632m |
| Sep 30 2020 | n/a | n/a | US$504m |
| Jun 30 2020 | n/a | n/a | US$386m |
| Mar 31 2020 | n/a | n/a | US$162m |
| Dec 31 2019 | US$5m | US$1m | -US$61m |
| Sep 30 2019 | n/a | n/a | US$37m |
| Jun 30 2019 | n/a | n/a | US$50m |
| Mar 31 2019 | n/a | n/a | US$105m |
| Dec 31 2018 | US$9m | US$1m | US$284m |
| Sep 30 2018 | n/a | n/a | US$215m |
| Jun 30 2018 | n/a | n/a | US$193m |
| Mar 31 2018 | n/a | n/a | US$169m |
| Dec 31 2017 | US$4m | US$1m | US$2m |
Compensation vs Market: Doug's total compensation ($USD12.05M) is above average for companies of similar size in the US market ($USD5.61M).
Compensation vs Earnings: Doug's compensation has been consistent with company performance over the past year.
CEO
Doug Cifu (58 yo)
10.4yrs
Tenure
US$12,052,261
Compensation
Mr. Douglas A. Cifu, J. D., also known as Doug, is the Member of the Board of Director at Investx Asset Management LLC, Asset Management Arm. He serves as Vice Chairman, Partner & Alternate Governor at Flo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-founder | 10.4yrs | US$12.05m | 1.15% $ 25.2m | |
| Co-President & Co-COO | 3.9yrs | US$3.93m | 0.44% $ 9.5m | |
| Co-President & Co-COO | 3.9yrs | US$3.69m | 0.10% $ 2.2m | |
| Founder & Chairman Emeritus | 16yrs | no data | no data | |
| Executive VP & CFO | 3.7yrs | US$2.50m | 0.052% $ 1.1m | |
| Executive VP of Markets & Global Head of Execution Services | 5.3yrs | US$3.69m | 0.19% $ 4.1m | |
| Executive VP & CTO | 4.3yrs | no data | no data | |
| Senior VP | no data | no data | no data | |
| Global Head of New Sales | 3.8yrs | no data | no data | |
| Senior VP of Global Business Development & Corporate Strategy | 4.3yrs | no data | no data | |
| Head of Analytics & Workflow Solutions | 5.3yrs | no data | no data | |
| Head of Virtu Capital Markets | 4.4yrs | no data | no data |
4.3yrs
Average Tenure
55.5yo
Average Age
Experienced Management: VIRT's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-founder | 10.4yrs | US$12.05m | 1.15% $ 25.2m | |
| Founder & Chairman Emeritus | 16yrs | no data | no data | |
| Independent Director | 4.3yrs | US$284.69k | 0.023% $ 508.7k | |
| Independent Director | 6.5yrs | US$288.35k | 0.026% $ 572.9k | |
| Independent Director | 9yrs | US$308.35k | 0.055% $ 1.2m | |
| Independent Director | 8yrs | US$295.00k | 0.047% $ 1.0m | |
| Independent Director | 8.9yrs | US$335.00k | 0.047% $ 1.0m | |
| Independent Director | 3yrs | US$288.35k | 0.025% $ 552.5k | |
| Independent Director | 5.3yrs | US$283.35k | 0.029% $ 642.2k | |
| Chairman | 8yrs | US$295.00k | 0.12% $ 2.6m |
8.0yrs
Average Tenure
65yo
Average Age
Experienced Board: VIRT's board of directors are considered experienced (8 years average tenure).