Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Milan Galik earned $14.20M in total compensation at Interactive Brokers Group, Inc., including $550.00K salary, $3.48M bonus and $9.84M in stock. Most recently acquired 135,780 shares in Dec 2023. Currently holds stock worth $154.81M. 6+ years at the helm of Interactive Brokers Group, Inc..

Compensation History

Annual executive compensation data for Milan Galik, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$14.20M

Salary

$550.00K

Bonus

$3.48M

Other

$329.51K

Salary

$550.00K

Board Justification

The compensation of our named executive officers should first and foremost be directly and materially linked to each executive’s individual performance and our overall performance, enhancing long-term value and assisting in attracting and retaining high-quality talent.

Bonus

$3.48M

Board Justification

Cash bonuses awarded to named executive officers in December 2023 for fiscal year 2023 performance ranged from 0% to approximately 630% of the named executive officer’s 2023 base salary, amounting to an aggregate payout of $7,550,000.

Other Compensation

$329.51K

Board Justification

Includes director fees, dividend equivalent payments, 401(k) retirement plan match, and vacation payout.

Restricted Stock

$9.84M126.21K RSU

Board Justification

Restricted stock units that vested during the year ended December 31, 2023, with a total value realized of $9,842,962.

Performance Metrics

Individual performance and overall company performance evaluated qualitatively without specific financial or operating performance goals.

I

Milan Galik

CEO of Interactive Brokers Group, Inc.

Education

Master of Science degree in Electrical Engineering from the Technical University of Budapest

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Financial Services

Born

January 1, 1966 - 59 years ago

CEO of Interactive Brokers Group, Inc. for

6 years 2 months (Oct 2019 - Present)

Previous Experience

President of Interactive Brokers Group, Inc. and IBG LLC since 2014, Senior Vice President, Software Development from 2003 to 2014

Holdings

Track Milan Galik's stock holdings and portfolio value over time.

Total Stock Sold

$30.15M

IBKR

$30.15M

4,193,600 IBKR shares

What if they kept their stock?

If Milan Galik didn't sell their stock, today they would have:
Extra IBKR4,193,600 shares worth $270.49M.
This is 797.1% and $240.34M more than what they got when they sold the stock.

Insider Trading

Milan Galik's recent stock transactions, purchases, and sales filed with the SEC.

IBKR

$5.63M

IBKR at $41.45/share

Dec 31, 2023

Received

IBKR

$4.93M

IBKR at $36.18/share

Dec 31, 2022

Received

IBKR

191 shares

IBKR

Apr 25, 2022

Received

IBKR

$4.39M

IBKR at $39.71/share

Dec 31, 2021

Received

IBKR

113,311 shares

IBKR

Dec 31, 2020

Received

IBKR

114,660 shares

IBKR

Dec 31, 2019

Received

IBKR

94,782 shares

IBKR

Dec 31, 2018

Received

IBKR

$129.80K

IBKR at $61.00/share

Sep 20, 2017

Purchase

IBKR

75,374 shares

IBKR

Dec 31, 2017

Received

IBKR

75,374 shares

IBKR

Dec 31, 2017

Received

Rivals

Compare Milan Galik with competitor CEOs and industry peers.