About

Richard W. Smirl has served as Executive Vice President and Chief Operating Officer of Virtus since May 2021, overseeing product management and development, investment operations and information technology. He was previously Chief Operating Officer of Russell Investments from 2018 to 2021, and earlier held leadership roles at William Blair Investment Management and Strong Capital Management; he holds a J.D. from Loyola University Chicago School of Law.

Roles

Virtus Investment Partners, Inc.
Executive Vice President, Chief Operating Officer · Current role
2021–present
Russell Investments
Chief Operating Officer
State of Wisconsin Investment Board
Executive Director and Chief Executive Officer
William Blair Investment Management
Chief Operating Officer

Fixed Compensation

FY 2025
Salary
$450,000
ComponentAnnual base salary earned in FY2025
All other compensation
$17,500
IncludesCompany contributions to the 401(k) Plan
Total compensation
$2,967,500

Performance Compensation

Data from FY 2025

Cash incentive

Non-equity incentive plan compensation
$1,500,000
FormNon-Equity Incentive Plan Compensation
Target Opportunity
BasisActual cash award earned under the annual incentive plan for FY2025

Stock awards

Stock awards
$1,000,000
FormRSUs and PSUs granted under the Omnibus Incentive and Equity Plan (2025 LTIP)
BasisAggregate grant-date fair value under ASC 718; PSUs reported at target

Also at Virtus Investment Partners, Inc.

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