Cerence CEO Sanjay Dhawan's 2021 pay falls 42% to $7.5M

Cerence reports 2021 executive compensation

By ExecPay News

Published: December 30, 2021

Cerence reported fiscal year 2021 executive compensation information on December 30, 2021.
In 2021, four Cerence executives received on average a compensation package of $3.2M, a 59% decrease compared to previous year.
Average pay of disclosed executives at Cerence
Sanjay Dhawan, Chief Executive Officer, received $7.5M in total, which decreased by 42% compared to 2020. 78% of Dhawan's compensation, or $5.8M, was in stock awards. Dhawan also received $992K in non-equity incentive plan, $614K in salary, as well as $53K in other compensation.
Mark Gallenberger, Chief Financial Officer, received a compensation package of $2.1M, which decreased by 39% compared to previous year. 59% of the compensation package, or $1.2M, was in stock awards.
Stefan Ortmanns, Chief Executive Officer, earned $2.1M in 2021, a 70% decrease compared to previous year.
Leanne Fitzgerald, General Counsel, received $1.2M in 2021.
Cerence's fiscal year ends on September 30.

Related executives

Sanjay Dhawan

Cerence

Chief Executive Officer

Mark Gallenberger

Cerence

Chief Financial Officer

Stefan Ortmanns

Cerence

Chief Executive Officer

Leanne Fitzgerald

Cerence

General Counsel

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Source: SEC filing on December 30, 2021.