This company has been acquired
Pzena Investment Management Management
Management criteria checks 3/4
Key information
Rich Pzena
Chief executive officer
US$4.5m
Total compensation
| CEO salary percentage | 8.2% |
| CEO tenure | 15.4yrs |
| CEO ownership | 0.03% |
| Management average tenure | 10.8yrs |
| Board average tenure | 11.4yrs |
Recent management updates
Recent updates
Pzena GAAP EPS of $0.15, revenue of $45.2M
Oct 20Pzena Investment Management AUM drops 12% on September
Oct 07Pzena Investment Management AUM ticks up M/M in August, but down from year ago
Sep 08Pzena goes ex-dividend tomorrow
Aug 03Pzena GAAP EPS of $0.15, revenue of $48.7M; goes private at $795M valuation
Jul 26Pzena Investment Management records ~11% sequential decline in June AUM
Jul 11Pzena Investment Management Q1 2022 Commentary
Jun 02Pzena Investment Management (NYSE:PZN) Is Paying Out A Larger Dividend Than Last Year
Feb 05
Pzena Investment Management May AUM sees a 74% surge Y/Y
Jun 08We Take A Look At Whether Pzena Investment Management, Inc's (NYSE:PZN) CEO May Be Underpaid
May 13Here's Why We're Wary Of Buying Pzena Investment Management's (NYSE:PZN) For Its Upcoming Dividend
Feb 07Pzena decreases dividend by ~17%
Feb 02Pzena Investment December AUM reports 6% growth
Jan 07Pzena Investment Management's (NYSE:PZN) Stock Price Has Reduced 28% In The Past Three Years
Dec 17
Consider This Before Buying Pzena Investment Management, Inc (NYSE:PZN) For The 8.5% Dividend
Nov 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2022 | n/a | n/a | US$13m |
| Jun 30 2022 | n/a | n/a | US$15m |
| Mar 31 2022 | n/a | n/a | US$17m |
| Dec 31 2021 | US$4m | US$365k | US$19m |
| Sep 30 2021 | n/a | n/a | US$18m |
| Jun 30 2021 | n/a | n/a | US$15m |
| Mar 31 2021 | n/a | n/a | US$13m |
| Dec 31 2020 | US$2m | US$365k | US$9m |
| Sep 30 2020 | n/a | n/a | US$3m |
| Jun 30 2020 | n/a | n/a | US$4m |
| Mar 31 2020 | n/a | n/a | US$5m |
| Dec 31 2019 | US$3m | US$365k | US$8m |
| Sep 30 2019 | n/a | n/a | US$12m |
| Jun 30 2019 | n/a | n/a | US$13m |
| Mar 31 2019 | n/a | n/a | US$13m |
| Dec 31 2018 | US$3m | US$365k | US$14m |
| Sep 30 2018 | n/a | n/a | US$10m |
| Jun 30 2018 | n/a | n/a | US$9m |
| Mar 31 2018 | n/a | n/a | US$8m |
| Dec 31 2017 | US$3m | US$365k | US$7m |
| Sep 30 2017 | n/a | n/a | US$19m |
| Jun 30 2017 | n/a | n/a | US$18m |
| Mar 31 2017 | n/a | n/a | US$17m |
| Dec 31 2016 | US$2m | US$365k | US$16m |
| Sep 30 2016 | n/a | n/a | US$7m |
| Jun 30 2016 | n/a | n/a | US$7m |
| Mar 31 2016 | n/a | n/a | US$8m |
| Dec 31 2015 | US$2m | US$378k | US$8m |
Compensation vs Market: Rich's total compensation ($USD4.47M) is about average for companies of similar size in the US market ($USD3.94M).
Compensation vs Earnings: Rich's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Rich Pzena (63 yo)
15.4yrs
Tenure
US$4,466,300
Compensation
Mr. Richard Stanton Pzena, also known as Rich, is the Founder of Pzena Investment Management, Inc. and has been its Chairman, Chief Executive Officer and Co-Chief Investment Officer since May 2007. Mr. Pze...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 15.4yrs | US$4.47m | 0.025% $ 179.1k | |
| President | 15.3yrs | US$4.76m | no data | |
| President | 15.3yrs | US$4.16m | 0.028% $ 200.1k | |
| Managing Principal | 6.3yrs | US$323.80k | no data | |
| Chief Operating Officer | 2.6yrs | no data | no data | |
| General Counsel & Corporate Secretary | no data | no data | no data | |
| EVP, Co-Portfolio Manager of Global | 3.6yrs | US$2.86m | 1.07% $ 7.6m | |
| Principal & Portfolio Manager | no data | no data | no data | |
| Principal | no data | no data | no data | |
| Principal & Portfolio Manager | 15.8yrs | no data | no data | |
| Head of Leveraged Loans & High Yield Credit | less than a year | no data | no data | |
| Principal & Senior Research Analyst of Pzena Investment Mgmt LLC | no data | no data | no data |
10.8yrs
Average Tenure
63yo
Average Age
Experienced Management: PZN's management team is seasoned and experienced (10.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 15.4yrs | US$4.47m | 0.025% $ 179.1k | |
| President | 11.4yrs | US$4.76m | no data | |
| President | 11.4yrs | US$4.16m | 0.028% $ 200.1k | |
| EVP, Co-Portfolio Manager of Global | less than a year | US$2.86m | 1.07% $ 7.6m | |
| Independent Director | 15yrs | US$95.00k | 0.13% $ 956.4k | |
| Independent Director | 15yrs | US$100.00k | 0.13% $ 956.4k | |
| Independent Director | 15yrs | US$105.00k | 0.13% $ 956.4k | |
| Independent Director | 8.6yrs | US$100.00k | 0.42% $ 3.0m | |
| Independent Director | 1.8yrs | US$95.00k | 0.060% $ 429.7k |
11.4yrs
Average Tenure
63.5yo
Average Age
Experienced Board: PZN's board of directors are seasoned and experienced ( 11.4 years average tenure).