USA Technologies COO Ravi Venkatesan receives $1.9M in 2022
USA Technologies reports 2022 executive compensation
By ExecPay News
Published: October 28, 2022
USA Technologies reported fiscal year 2022 executive compensation information on October 28, 2022.
In 2022, five executives at USA Technologies received on average a compensation package of $1.1M, a 52% decrease compared to previous year.
Average pay of disclosed executives at USA Technologies
Ravi Venkatesan, Chief Operating Officer, received $1.9M in total. 68% of Venkatesan's compensation, or $1.3M, was in option awards. Venkatesan also received $127K in bonus, $368K in salary, $105K in stock awards, as well as $2.4K in other compensation.
For fiscal year 2022, the median employee pay was $76,586 at USA Technologies. Therefore, the ratio of Ravi Venkatesan's pay to the median employee pay was 25 to one.
Scott Stewart, Chief Financial Officer, received a compensation package of $1.7M, which increased by 54% compared to previous year. 71% of the compensation package, or $1.2M, was in option awards.
Sean Feeney, Chief Executive Officer, earned $990K in 2022, a 71% decrease compared to previous year.
R. Wayne Jackson, Chief Financial Officer, received $591K in 2022, which decreases by 77% compared to 2021.
Anant Agrawal, Chief Revenue Officer, earned $201K in 2022, a 89% decrease compared to previous year.
USA Technologies' fiscal year ends on June 30.
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Source: SEC filing on October 28, 2022.