VIRT · Virtu Financial, Inc. · Executive Compensation

$63.02 -1.41 (-2.19%) At close · Sep 8

S&P 600 member Russell 1000 member Rebalance outlook locked

Market Cap

$10.00B

155.20M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Douglas Cifu	Former CEO	$704,545	—	$6,013,500	—	—	$20,561,573	$27,279,619
Aaron Simons	CEO	$850,000	$1,065,250	$6,246,625	—	$1,065,250	$7,500,000	$16,727,125
Stephen Cavoli	Executive Vice President, Markets	$600,000	$750,000	$4,506,750	—	$750,000	$15,091	$6,621,841
Brett Fairclough	Co-President and Co-Chief Operating Officer	$600,000	$750,000	$4,506,750	—	$750,000	—	$6,606,750
Joseph Molluso	Co-President and Co-Chief Operating Officer	$600,000	$750,000	$4,506,750	—	$750,000	—	$6,606,750
Cindy Lee	Chief Financial Officer	$400,000	$550,000	$2,554,500	—	—	—	$3,504,500

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Douglas Cifu	Former CEO	$1,200,000	$1,500,000	$5,527,500	—	$1,500,000	$135,932	$9,863,432
Stephen Cavoli	Executive Vice President, Markets	$600,000	$750,000	$2,763,750	—	$750,000	—	$4,863,750
Joseph Molluso	Co-President and Co-Chief Operating Officer	$600,000	$750,000	$2,763,750	—	$750,000	—	$4,863,750
Brett Fairclough	Co-President and Co-Chief Operating Officer	$600,000	$750,000	$2,763,750	—	$750,000	—	$4,863,750
Cindy Lee	Chief Financial Officer	$327,083	$466,690	$1,181,110	—	—	—	$1,974,883
Sean Galvin	Former Chief Financial Officer	$300,000	$400,020	$199,980	—	—	—	$900,000

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Douglas Cifu	Chief Executive Officer	$1,200,000	$1,031,250	$4,974,000	—	$1,031,250	$15,365	$8,251,865
Brett Fairclough	Co-President and Co-Chief Operating Officer	$600,000	$475,000	$2,405,750	—	$475,000	$383,814	$4,339,564
Joseph Molluso	Co-President and Co-Chief Operating Officer	$600,000	$475,000	$2,405,750	—	$475,000	—	$3,955,750
Stephen Cavoli	Executive Vice President, Markets	$600,000	$437,500	$2,330,750	—	$437,500	—	$3,805,750
Sean Galvin	Former Chief Financial Officer	$300,000	$450,023	$224,978	—	—	—	$975,000

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Douglas Cifu	Chief Executive Officer	$1,150,000	$1,250,000	$7,889,500	—	$1,250,000	$512,761	$12,052,261
Joseph Molluso	Co-President and Co-Chief Operating Officer	$508,333	$562,500	$2,293,500	—	$562,500	—	$3,926,500
Stephen Cavoli	Executive Vice President, Markets	$508,333	$562,000	$2,059,500	—	$562,500	—	$3,692,833
Brett Fairclough	Co-President and Co-Chief Operating Officer	$508,333	$562,500	$2,059,500	—	$562,500	—	$3,692,833
Sean Galvin	Former Chief Financial Officer	$300,000	$480,000	$1,716,350	—	—	—	$2,496,350

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Douglas Cifu	Chief Executive Officer	$1,000,000	$500,000	$6,590,500	—	$2,000,000	$16,761	$10,107,261
Joseph Molluso	Co-President and Co-Chief Operating Officer	$500,000	$250,000	$2,418,500	—	$1,000,000	—	$4,168,500
Brett Fairclough	Co-President and Co-Chief Operating Officer	$500,000	$250,000	$2,184,500	—	$1,000,000	—	$3,934,500
Stephen Cavoli	Executive Vice President, Markets	$500,000	$250,000	$2,184,500	—	$1,000,000	—	$3,934,500
Sean Galvin	Chief Financial Officer	$300,000	$540,000	$505,345	—	—	—	$1,200,000

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Douglas Cifu	Chief Executive Officer	$1,000,000	$500,000	$8,759,525	—	$2,000,000	$4,270	$12,263,795
Joseph Molluso	Co-President and Co-Chief Operating Officer	$273,973	$3,750,000	$7,138,500	—	—	—	$11,162,473
Stephen Cavoli	Executive Vice President, Markets	$500,000	$250,000	$2,109,500	—	$1,075,000	—	$3,934,500
Brett Fairclough	Co-President and Co-Chief Operating Officer	$500,000	$250,000	$2,109,500	—	$1,075,000	—	$3,934,500
Alexander Ioffe	Former Chief Financial Officer	$301,370	—	—	—	—	$582,192	$883,562
Sean Galvin	Chief Financial Officer	$98,630	$450,000	$300,000	—	—	—	$848,630

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Alex Ioffe	Chief Financial Officer	$127,397	$750,000	$3,750,000	—	—	$20,000	$4,647,397
Alexander Ioffe	Former Chief Financial Officer	$127,397	$750,000	$3,750,000	—	—	$20,000	$4,647,397
Douglas Cifu	Chief Executive Officer	$1,000,000	$360,000	$2,100,000	—	$1,040,000	$98,172	$4,598,172
Brett Fairclough	Co-President and Co-Chief Operating Officer	$160,452	$616,000	$924,000	—	—	$419,991	$2,120,443
Stephen Cavoli	Executive Vice President, Markets	$400,000	$520,000	$780,000	—	—	—	$1,700,000
Joseph Molluso	Co-President and Co-Chief Operating Officer	$375,342	—	—	—	—	$1,250,000	$1,625,342
Sean Galvin	Chief Financial Officer	—	—	—	—	—	—	—

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Douglas Cifu	Chief Executive Officer	$1,000,000	$400,000	$5,298,240	—	$2,000,000	$71,367	$8,769,607
Joseph Molluso	Co-President and Co-Chief Operating Officer	$500,000	$700,000	$4,993,812	—	—	—	$6,193,812
Stephen Cavoli	Executive Vice President, Markets	$400,000	$480,000	$320,000	—	—	—	$1,200,000

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Joseph Molluso	Former Executive Vice President and Chief Financial Officer	$500,000	$700,000	$1,050,000	—	—	—	$2,250,000
Stephen Cavoli	Executive Vice President, Markets	$400,000	$400,000	—	—	—	—	$800,000

Executive changes

Person	Role	Change	Effective	Filed
Barbara Finigan	Class I director	Appointed	2026-08-19	2026-08-21
Douglas A. Cifu	CEO	Retired	2025-08-01	2025-07-31
Aaron Simons	member of the Board	Appointed	2025-08-01	2025-07-31
Aaron Simons	Chief Executive Officer	Appointed	2025-08-01	2025-07-31

Key facts CIK 1592386 CUSIP 928254101 13F (30d) 280 filings 279 filers Visit website Investor relations