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    Michael D. Policarpo

    President, Chief Financial Officer, and Chief Administrative Officer at Victory Capital Holdings, Inc.
    Since March 2019
    Age
    50 years
    Education
    Holds a Bachelor of Science degree in accounting and finance from Lehigh University, is a Certified Public Accountant, and holds Series 7, 24, 27, and 99 securities licenses.
    Tenure
    Joined the firm in 2005, served as CFO from August 2013 to July 2017, held the COO role from February 2016 to February 2019, and has been serving as President, CFO, and Chief Administrative Officer since March 2019.

    Also at Victory Capital Holdings, Inc.

    NG
    Nina Gupta
    Chief Legal Officer and Head of Human Resources Administration

    About

    Michael D. Policarpo has built a successful career in the financial services industry with a strong focus on finance, accounting, and operational excellence.

    He began his tenure at Victory Capital in 2005 and has held progressively senior roles, including chief financial and operating duties, which culminated in his current position as President, CFO, and Chief Administrative Officer starting in March 2019.

    His academic credentials include a Bachelor of Science degree in accounting and finance from Lehigh University, complemented by CPA certification and multiple securities licenses, which underpin his strategic approach to business management.

    Past Roles

    OrganizationRoleDate RangeDetails
    Victory Capital Holdings, Inc. Chief Operating Officer Feb 2016 - Feb 2019 Held prior to his current role as President, CFO, and Chief Administrative Officer
    Victory Capital Holdings, Inc. Chief Financial Officer Aug 2013 - Jul 2017 Served during the company's acquisition from KeyCorp
    Gartmore Global Investments, Inc. Vice President of Finance N/A Also served as CFO of Advisor Services and Corporate Controller over a five-year period
    Ernst & Young LLP Senior Accountant N/A Worked in the Assurance & Advisory Business Services unit focusing on investment management

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary $450,000 Annually (for calendar year 2024) Annual salary paid for 2024
    All Other Compensation $55,950 Throughout 2024 Includes company matching contributions to 401(k), contributions to nonqualified deferred compensation plan, and cash payments in lieu of dividends from restricted stock granted in 2018

    Performance Compensation

    Data from  FY 2024

    Cash Bonus

    MetricDetail
    Bonus Amount ($USD) $1,540,000
    Performance Assessment Exceptional Performance in financial operations
    Performance Metrics / Targets / ThresholdsNot provided
    Vesting ScheduleNot applicable (paid outright)
    Evaluation Period & Additional DetailsNo further performance conditions or detailed metrics disclosed

    Victory RSAs

    MetricDetail
    Grant Date March 15, 2024
    Grant Date Fair Value ($USD) $3,999,976
    Number of Shares 99,601 shares
    Vesting Schedule 4-year vesting; 25% of shares vest each anniversary subject to continued service
    Market Value of Unvested Shares as of Dec 31, 2024 ($USD) $6,519,881
    Grant Date Stock PriceNot provided
    Performance Metrics / Targets / ThresholdsNot specified