Rudolf Reitmann
About Rudolf Reitmann
Rudolf E. Reitmann is a Vice President for the Invesco ETF Trusts, serving since 2013, with principal office at Invesco Capital Management LLC, 3500 Lacey Road, Suite 700, Downers Grove, IL 60515 . He currently serves as Head of Global Exchange Traded Funds Services at Invesco Specialized Products, LLC (2018–present), Head of Global Exchange Traded Funds Services at Invesco Capital Management LLC (2013–present), and Vice President, Invesco Capital Markets, Inc. (2018–present) . The Trust discloses that officers serve indefinite terms until successors are elected, and the Trust does not compensate officers directly, as service may be rendered “without compensation” by employees of the Adviser .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Invesco Capital Management LLC | Research Analyst | 2005–2007 | Early analytical responsibilities in ETF strategies . |
| Invesco Capital Management LLC | Portfolio Manager | 2007–2008 | Direct portfolio management contributing to ETF operations experience . |
| Invesco Capital Management LLC | Portfolio Management/Operations | 2008–2010 | Operational leadership supporting ETF service build-out . |
| Ritchie Capital (hedge fund) | Research Analyst and Trader | 2003–2005 | Trading and research foundation prior to Invesco . |
External Roles
No external public company directorships or committee roles are disclosed for Reitmann in QQQ’s proxy/prospectus materials .
Fixed Compensation
- QQQ (the Trust) does not pay compensation to its officers; the Adviser (Invesco Capital Management LLC) permits officers or employees to serve as Trust officers without compensation from the Trust .
- Specific executive compensation elements for Reitmann (base salary, target bonus %, actual bonus) are not disclosed in QQQ’s filings; trustee compensation is disclosed separately and does not apply to officers .
Performance Compensation
- No RSU/PSU grants, option awards, or performance-based incentive metrics tied to QQQ for Reitmann are disclosed in Trust documents .
- Invesco’s general proxy voting guidelines emphasize alignment and risk-mitigating features (e.g., 3+ year vesting, clawbacks), but these are policy perspectives and not individual compensation details for Reitmann .
Equity Ownership & Alignment
- Management Ownership: As of the stated reporting reference, the Trustees and Officers, as a group, owned less than 1% of QQQ’s outstanding Shares, indicating limited direct fund-level ownership; no individual breakdown for Reitmann is provided .
- No disclosures on vested/unvested shares, options, in-the-money values, or pledged shares for Reitmann are provided in QQQ filings .
Employment Terms
- Term and tenure: Serving as Vice President for Invesco ETF Trusts since 2013; officers serve an indefinite term until a successor is elected .
- Contractual terms: No employment agreement, severance multiple, change-of-control triggers, non-compete/non-solicit, garden leave, or consulting arrangements specific to Reitmann are disclosed in QQQ filings .
Investment Implications
- Pay-for-performance visibility: Fund-level documents do not disclose Reitmann’s salary/bonus or equity incentives; officers are not compensated by QQQ, which limits pay-for-performance assessment at the Trust level and suggests compensation is determined at the Adviser (Invesco Capital Management LLC) .
- Alignment and insider signals: Group management ownership of <1% in QQQ implies limited direct fund exposure; absence of disclosed equity awards or options tied to QQQ reduces insider selling/vesting pressure signals for the fund itself .
- Retention and execution: Long-serving tenure since 2013 across ETF services roles supports continuity in ETF operations; however, retention economics, severance/change-of-control protection, and individual incentive design remain undisclosed at the Trust level, constraining analysis of compensation alignment and retention risk .