David C. Brown has served as Chief Executive Officer of Victory Capital Holdings, Inc. (Victory) since August 2013 and Chairman of the board of directors since April 2014. Mr. Brown also serves as Chairman and Chief Executive Officer of Victory Capital Management Inc. (VCM), Victory’s wholly owned registered investment adviser, responsible for the development, execution and oversight of firm strategy. He is also Chairman of the VCM investment committee and a member of the Boards of Trustees for the Victory Funds and the USAA® Mutual Funds. Mr. Brown also serves as a member of the Board of Alderwood Partners LLP.
Mr. Brown joined VCM in 2004 and has held multiple senior level positions including President and Chief Operating Officer prior to his current role. Before joining Victory, Mr. Brown spent five years at Gartmore Global Investments, Inc. in a number of senior management positions including Chief Financial Officer and Chief Operating Officer of Gartmore Emerging Managers, LLC. Prior to joining Gartmore, he worked for Ernst & Young LLP as a Manager in the Assurance & Advisory Business Services unit focusing on investment management businesses. Mr. Brown has previously served on the boards of directors for Cerebellum Capital, the Summa Health Systems of Ohio Investment Committee, JumpStart of Ohio, and was previously a member of the Bluecoats, Inc. of Cuyahoga County, OH. Mr. Brown holds a Bachelor of Arts degree in political science with an emphasis on accounting from Ursinus College and a Master of Business Administration from Case Western Reserve University. He is a Certified Public Accountant (inactive).
Mr. Brown's extensive business, finance and leadership skills gained and developed through years of experience in the financial services industry, including tenure overseeing our strategic direction as Chief Executive Officer, bring valuable industry-specific knowledge and insights to our board of directors. Mr. Brown has also overseen several transactions in the asset management sector during his tenure with us. He has significant expertise in identifying, structuring and executing strategic acquisitions, as well as in managing boutique firms post-acquisition. These skills, combined with Mr. Brown's extensive knowledge of our business and our industry, enable him to provide valuable insights to our board of directors on our strategic direction.
What is David Craig Brown's net worth?
The estimated net worth of David Craig Brown is at least $136.15 million as of July 17th, 2023. Mr. Brown owns 2,054,534 shares of Victory Capital stock worth more than $136,153,968 as of November 21st. This net worth estimate does not reflect any other investments that Mr. Brown may own. Additionally, Mr. Brown receives a salary of $2,520,000.00 as Chairman of the Board of Directors & CEO at Victory Capital. Learn More about David Craig Brown's net worth.
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Has David Craig Brown been buying or selling shares of Victory Capital?
David Craig Brown has not been actively trading shares of Victory Capital during the last quarter. Most recently, David Craig Brown sold 20,757 shares of the business's stock in a transaction on Monday, July 17th. The shares were sold at an average price of $33.55, for a transaction totalling $696,397.35. Following the completion of the sale, the chief executive officer now directly owns 2,054,534 shares of the company's stock, valued at $68,929,615.70. Learn More on David Craig Brown's trading history.
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