Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Richard M. McVey earned $2.74M in total compensation at MarketAxess, including $650.00K salary, $1.19M bonus and $894.17K in stock. Most recently sold 50,000 shares in Nov 2024. Currently holds stock worth $94.73M. Has donated $49.65M in stock to charitable causes. Has led MarketAxess for over 25 years.

Compensation History

Annual executive compensation data for Richard M. McVey, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$2.74M

Salary

$650.00K

Bonus

$1.19M

Other

$0.00

Salary

$650.00K

Board Justification

The compensation philosophy emphasizes performance-based compensation aligned with company performance and retention strategies.

Bonus

$1.19M

Board Justification

Annual cash incentive based on adjusted operating income and individual performance metrics for 2023.

Other Compensation

$0.00

Board Justification

No additional compensation reported for 2023.

Restricted Stock

$894.17K2.49K RSU

Board Justification

Restricted Stock Units (RSUs) granted in February 2023 that vested in 2023.

Performance Metrics

Adjusted operating income and individual performance metrics.

M

Richard M. McVey

Founder and CEO of MarketAxess

Education

Bachelor's degree from the University of Pennsylvania and an MBA from the Wharton School

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

CEO of MarketAxess for

25 years 9 months (Mar 2000 - Present)

Previous Experience

Founder of MarketAxess Holdings Inc.

Holdings

Track Richard M. McVey's stock holdings and portfolio value over time.

Total Stock Sold

$248.64M

MKTX

$248.64M

1,232,672 MKTX shares

What if they kept their stock?

If Richard M. McVey didn't sell their stock, today they would have:
Extra MKTX1,232,672 shares worth $205.83M.
This is -17.22% and $42.81M less than what they got when they sold the stock.

Charitable Transactions

MKTX

297,310 shares

MKTX

Recent Charitable Transactions

MKTX

9,300 shares

MKTX

May 22, 2024

Charity

MKTX

21,000 shares

MKTX

Dec 15, 2022

Charity

MKTX

25,000 shares

MKTX

Dec 14, 2021

Charity

MKTX

15,000 shares

MKTX

Dec 14, 2020

Charity

MKTX

50,000 shares

MKTX

Nov 9, 2020

Charity

MKTX

40,000 shares

MKTX

Dec 13, 2019

Charity

Insider Trading

Richard M. McVey's recent stock transactions, purchases, and sales filed with the SEC.

MKTX

$13.54M

MKTX at $270.73/share

Nov 12, 2024

Sale

MKTX

9,300 shares

MKTX

May 22, 2024

Charity

MKTX

2,611 shares

MKTX

Feb 15, 2024

Received

MKTX

1,277 shares

MKTX

Jan 15, 2024

Received

MKTX

2,494 shares

MKTX

Feb 15, 2023

Received

MKTX

4,589 shares

MKTX

Jan 18, 2023

Received

MKTX

21,000 shares

MKTX

Dec 15, 2022

Charity

MKTX

2,300 shares

MKTX

Jan 31, 2022

Received

MKTX

25,000 shares

MKTX

Dec 14, 2021

Charity

MKTX

$6.51M

MKTX at $485.21/share

Aug 9, 2021

Sale

Rivals

Compare Richard M. McVey with competitor CEOs and industry peers.