ITERIS CEO Joe Bergera's 2022 pay slips 13% to $1.3M

ITERIS reports 2022 executive compensation

By ExecPay News

Published: July 28, 2023

ITERIS reported fiscal year 2022 executive compensation information on July 28, 2023.
In 2022, five ITERIS executives received on average a compensation package of $737K, a 19% decrease compared to previous year.
Average pay of disclosed executives at ITERIS
Joe Bergera, Chief Executive Officer, received $1.3M in total, which decreased by 13% compared to 2021. 35% of Bergera's compensation, or $444K, was in salary. Bergera also received $187K in non-equity incentive plan, $260K in option awards, $373K in stock awards, as well as $21K in other compensation.
Douglas L. Groves, Chief Financial Officer, received a compensation package of $824K, which decreased by 8% compared to previous year. 50% of the compensation package, or $412K, was in salary.
Todd Kreter, Senior Vice President and General Manager, Advanced Sensors, earned $636K in 2022, a 6% decrease compared to previous year.
William M. Cousins, Senior Vice President and Chief Product Officer, received $529K in 2022.
Ramin Massoumi, Senior Vice President and General Manager, Roadway Sensors, earned $411K in 2022, a 29% decrease compared to previous year.
ITERIS' fiscal year ends on March 31.

Related executives

William Cousins

ITERIS

Senior Vice President and Chief Product Officer

Joe Bergera

ITERIS

Chief Executive Officer

Douglas Groves

ITERIS

Chief Financial Officer

Todd Kreter

ITERIS

Senior Vice President and General Manager, Advanced Sensors

Ramin Massoumi

ITERIS

Senior Vice President and General Manager, Roadway Sensors

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Source: SEC filing on July 28, 2023.