Sundar PichaiSundar Pichai earned $164M in 2023

Dan H. Arnold is the CEO of LPL Financial Holdings Inc., a position he's held since January 2017. He has a strong background in finance, with an undergraduate degree in Electrical Engineering from Auburn University and an MBA from Georgia...

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Dan H. Arnold

Ex-CEO of LPL Financial Holdings

Education

B.S. in Electrical Engineering from Auburn University; M.B.A. in Finance from Georgia State University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1965 - 60 years ago

CEO of LPL Financial Holdings for

7 years 9 months (Jan 2017 - Oct 2024)

Previous Experience

President of LPL Financial Holdings Inc.

Holdings

See how much did Dan H. Arnold make over time.

Dan's holdings include a substantial portfolio in LPL Financial Holdings Inc., indicative of his deep belief in the company's future. Over the years, he's executed several insider trades, showing his confidence in LPLA's growth trajectory. His holdings peaked in late...

Total Stock Sold

$89.08M

LPLA

$89.08M

727,215 LPLA shares

What if they kept their stock?

If Dan H. Arnold didn't sell their stock, today they would have:
Extra LPLA727,215 shares worth $41.87M.
This is -53% and $47.21M less than what they got when they sold the stock.

Charitable Transactions

LPLA

126,846 shares

LPLA

Recent Charitable Transactions

LPLA

3,525 shares

LPLA

Jun 5, 2024

Charity

LPLA

3,875 shares

LPLA

Feb 20, 2024

Charity

LPLA

4,400 shares

LPLA

Dec 12, 2023

Charity

LPLA

4,440 shares

LPLA

Nov 9, 2023

Charity

LPLA

9,000 shares

LPLA

Jul 10, 2023

Charity

LPLA

4,510 shares

LPLA

Dec 31, 2022

Charity

Insider Trading

See recent insider trades of Dan H. Arnold.

LPLA

$1.57M

LPLA at $277.31/share

Jun 14, 2024

Sale

LPLA

3,525 shares

LPLA

Jun 5, 2024

Charity

LPLA

$11.12M

LPLA at $265.45/share

Feb 23, 2024

Sale

LPLA

81,552 shares

LPLA

Feb 23, 2024

Received

LPLA

$2.57M

LPLA at $257.25/share

Feb 20, 2024

Sale

LPLA

3,875 shares

LPLA

Feb 20, 2024

Charity

LPLA

4,400 shares

LPLA

Dec 12, 2023

Charity

LPLA

4,440 shares

LPLA

Nov 9, 2023

Charity

LPLA

$132.01K

LPLA at $250.02/share

Sep 19, 2023

Sale

LPLA

9,000 shares

LPLA

Jul 10, 2023

Charity

Compensation History

See how much did Dan H. Arnold make over time.

In 2023, Dan Arnold's total compensation was impressive at $4.8 million, primarily driven by a $4 million cash bonus linked to corporate goals. His salary stood at $950,000, with additional compensation for various expenses. Over the years, Dan's compensation has shown a trend of substantial bonuses, reflecting his performance and the company’s achievements. In 2020, for example, his total compensation was around $2.84 million, showing how it has increased significantly as the company thrived. This structure of compensation reinforces a performance-driven culture within LPL, aiming to reward results over titles or tenure alone. The focus is clear: align executive rewards with shareholder success, which fits the mission Dan has carried since stepping into his CEO role.

Year

2023

Total Compensation

$5.04M

Salary

$950.00K

Board Justification

The compensation philosophy aligns executive pay with company performance, focusing on both short-term and long-term goals to attract and retain top talent.

Bonus

$4.00M

Board Justification

The annual cash bonus awarded based on the achievement of corporate goals and individual performance for 2023.

Other

$89.94K

Board Justification

Includes various forms of compensation such as travel expenses, financial planning reimbursements, and health and wellness program costs.

Restricted Stock

$0.00(0 N/A)

Board Justification

No vested stock was reported for 2023 as the focus is on cash compensation and performance-based awards.

Performance Metrics

The performance metrics for determining the compensation included Adjusted EBITDA and relative total shareholder return (TSR) against a comparator group.