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Glenn A. Youngkin served as Co-CEO of The Carlyle Group from 2018 until his retirement in 2020. He earned his MBA from Harvard Business School and has extensive experience in finance, having worked at Carlyle since 1995 in various leadership...

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Glenn A. Youngkin

Ex-CEO of The Carlyle Group

Education

MBA from Harvard Business School

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

December 9, 1967 - 57 years ago

CEO of The Carlyle Group for

2 years 8 months (Jan 2018 - Sep 2020)

Previous Experience

President and Chief Operating Officer of Carlyle

Holdings

See how much did Glenn A. Youngkin make over time.

Glenn Youngkin has had significant holdings at The Carlyle Group, with values fluctuating throughout his tenure. His holdings peaked at approximately $481.58 million in November 2021, showcasing a strong upward trend post-2020. By January 2022, his holdings were still valued...

Total Stock Sold

$393.24K

CG

$393.24K

13,871 CG shares

What if they kept their stock?

If Glenn A. Youngkin didn't sell their stock, today they would have:
Extra CG13,871 shares worth $318.62K.
This is -18.98% and $74.63K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Glenn A. Youngkin.

CG

$385.61K

CG at $27.80/share

Aug 3, 2020

Sale

CG

24,575 shares

CG

May 1, 2020

Received

CG

300,000 shares

CG

Feb 10, 2020

Received

CG

7,479 shares

CG

Nov 1, 2019

Received

CG

27,369 shares

CG

May 1, 2019

Received

CG

473,334 shares

CG

Feb 13, 2019

Received

CG

5,857 shares

CG

May 1, 2018

Received

CG

1,355,803 shares

CG

Feb 1, 2018

Received

CG

6,470 shares

CG

May 1, 2017

Received

CG

8,721 shares

CG

Feb 1, 2017

Received

Compensation History

See how much did Glenn A. Youngkin make over time.

In 2020, Glenn Youngkin earned a total compensation package valued at $12 million. This included a base salary of $214,711, but the bulk of his earnings came from vested stock awards valued at nearly $19 million, which were partially linked to his performance at Carlyle. Notably, he did not receive a cash bonus that year due to his retirement occurring in September. His compensation in previous years also reflected a significant emphasis on aligning executive pay with company performance. In 2018, for example, he received a total of around $37.2 million which included a $3.35 million bonus based on financial metrics. The structure of his earnings has always highlighted performance-based metrics, ensuring that his financial success was tied closely to the success of the company and its investors.

Year

2020

Total Compensation

$20.39M

Salary

$214.71K

Board Justification

The compensation philosophy focuses on aligning the interests of executives with those of shareholders and fund investors, emphasizing performance-based compensation.

Bonus

$0.00

Board Justification

Due to his retirement in September 2020, Mr. Youngkin was not entitled to any annual cash bonus for fiscal 2020.

Other

$1.17M

Board Justification

This amount represents actual cash distributions received by Mr. Youngkin in respect of his direct carried interest allocations at the fund level for 2020.

Restricted Stock

$19.01M(587.48K RSU)

Board Justification

The value for Mr. Youngkin is based on the value of 250,000 shares received upon the vesting of RSUs on February 3, 2020; 300,000 shares received upon the vesting of RSUs on February 10, 2020; 7,479 shares received upon the vesting of RSUs on May 1, 2020; and 30,000 shares received upon the vesting of RSUs on August 1, 2020.

Performance Metrics

The performance metrics for the CEO's compensation are based on the achievement of financial performance targets.

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