Alexander KarpAlexander Karp earned $1B in 2024

In 2023, David Brown earned $10.22M in total compensation at Victory Capital Holdings, Inc., including $600.00K salary, $1.62M bonus and $7.70M in stock. Most recently acquired 191,733 shares in Mar 2024. Currently holds stock worth $132.92M. Led Victory Capital Holdings, Inc. as CEO for 4 years.

Compensation History

Annual executive compensation data for David Brown, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$10.22M

Salary

$600.00K

Bonus

$1.62M

Other

$295.86K

Salary

$600.00K

Board Justification

The compensation philosophy aligns with company performance, balancing the need to provide shareholders with superior financial returns and to provide employees with competitive compensation.

Bonus

$1.62M

Board Justification

The cash portion of the annual performance incentives earned by Mr. Brown for the year 2023, which includes $600,000 paid pursuant to his employment agreement.

Other Compensation

$295.86K

Board Justification

Company matching contributions to Mr. Brown’s 401(k) account and the nonqualified deferred compensation plan, and cash payments in lieu of dividends payable upon vesting of restricted stock granted in 2018.

Restricted Stock

$7.70M7.7M RSU

Board Justification

The aggregate grant date fair value of restricted shares of stock for the year 2023, calculated in accordance with FASB Accounting Standards Codification Topic 718, excluding the effect of estimated forfeitures.

Performance Metrics

Investment performance rated as 'Exceeds Expectations', financial performance rated at 'Meets Expectation', and strategic performance rated at 'Exceeds Expectations'.

V

David Brown

Ex-CEO of Victory Capital Holdings, Inc.

Education

Bachelor's degree in Finance from a recognized university.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1973 - 52 years ago

CEO of Victory Capital Holdings, Inc. for

4 years 0 months (Mar 2019 - Mar 2023)

Previous Experience

CEO of Victory Capital Holdings, Inc. and various leadership roles in the financial services industry.

Holdings

Track David Brown's stock holdings and portfolio value over time.

Total Stock Sold

$11.85M

VCTR

$11.85M

350,000 VCTR shares

What if they kept their stock?

If David Brown didn't sell their stock, today they would have:
Extra VCTR350,000 shares worth $22.28M.
This is 87.99% and $10.43M more than what they got when they sold the stock.

Insider Trading

David Brown's recent stock transactions, purchases, and sales filed with the SEC.

VCTR

$7.70M

VCTR at $40.16/share

Mar 15, 2024

Received

VCTR

$5.01M

VCTR at $33.77/share

Jul 17, 2023

Sale

VCTR

$6.78M

VCTR at $33.62/share

Jul 12, 2023

Sale

VCTR

$3.38M

VCTR at $29.74/share

Mar 15, 2023

Received

VCTR

$1.62M

VCTR at $26.96/share

Dec 15, 2022

Purchase

VCTR

$3.91M

VCTR at $32.17/share

Mar 15, 2022

Received

VCTR

$1.02M

VCTR at $34.62/share

Nov 22, 2021

Purchase

VCTR

$48.44K

VCTR at $12.11/share

Feb 9, 2018

Purchase

VCTR

$200.81K

VCTR at $12.17/share

Feb 8, 2018

Purchase

Rivals

Compare David Brown with competitor CEOs and industry peers.