Mitek Systems CEO Scipio Carnecchia's 2022 pay jumps 62% to $5.6M

Mitek Systems reports 2022 executive compensation

By ExecPay News

Published: August 21, 2023

Mitek Systems reported fiscal year 2022 executive compensation information on August 21, 2023.
In 2022, five executives at Mitek Systems received on average a compensation package of $2.1M, a 50% increase compared to previous year.
Average pay of disclosed executives at Mitek Systems
Scipio Maximus Carnecchia, Chief Executive Officer, received $5.6M in total, which increased by 62% compared to 2021. 84% of Carnecchia's compensation, or $4.7M, was in stock awards. Carnecchia also received $459K in non-equity incentive plan, $450K in salary, as well as $720 in other compensation.
For fiscal year 2022, the median employee pay was $90,991 at Mitek Systems. Therefore, the ratio of Scipio Maximus Carnecchia's pay to the median employee pay was 62 to one.
Scott Marcus, General Counsel, received a compensation package of $1.6M. 81% of the compensation package, or $1.3M, was in stock awards.
Michael E. Diamond, General Manager, earned $1.3M in 2022, a 49% increase compared to previous year.
Stephen J. Ritter, Chief Technology Officer, received $1.2M in 2022, which increases by 29% compared to 2021.
Frank Teruel, Chief Financial Officer, earned $739K in 2022, a 45% decrease compared to previous year.
Mitek Systems' fiscal year ends on September 30.

Related executives

Scipio Carnecchia

Mitek Systems

Chief Executive Officer

Frank Teruel

Mitek Systems

Chief Financial Officer

Michael Diamond

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General Manager

Scott Marcus

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General Counsel

Stephen Ritter

Mitek Systems

Chief Technology Officer

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Source: SEC filing on August 21, 2023.