ITERIS CEO Joe Bergera's 2023 pay slips 11% to $1.1M
ITERIS reports 2023 executive compensation
By ExecPay News
Published: July 28, 2023
ITERIS reported fiscal year 2023 executive compensation information on July 28, 2023.
In 2023, five ITERIS executives received on average a compensation package of $755K, a 2% increase compared to previous year.
Average pay of disclosed executives at ITERIS
Joe Bergera, Chief Executive Officer, received $1.1M in total, which decreased by 11% compared to 2022. 39% of Bergera's compensation, or $445K, was in salary. Bergera also received $212K in non-equity incentive plan, $247K in option awards, $219K in stock awards, as well as $18K in other compensation.
Douglas L. Groves, Chief Financial Officer, received a compensation package of $802K, which decreased by 3% compared to previous year. 51% of the compensation package, or $413K, was in salary.
Kerry A. Shiba, Chief Financial Officer, earned $706K in 2023.
Todd Kreter, Senior Vice President and General Manager, Advanced Sensors, received $569K in 2023, which decreases by 11% compared to 2022.
William M. Cousins, Senior Vice President and Chief Product Officer, earned $556K in 2023, a 5% increase compared to previous year.
ITERIS' fiscal year ends on March 31.
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Source: SEC filing on July 28, 2023.