Cerence CEO Sanjay Dhawan's 2022 pay jumps 27% to $9.5M
Cerence reports 2022 executive compensation
By ExecPay News
Published: December 30, 2022
Cerence reported fiscal year 2022 executive compensation information on December 30, 2022.
In 2022, seven Cerence executives received on average a compensation package of $4.1M, a 28% increase compared to previous year.
Average pay of disclosed executives at Cerence
Sanjay Dhawan, Chief Executive Officer, received $9.5M in total, which increased by 27% compared to 2021. 98% of Dhawan's compensation, or $9.3M, was in stock awards. Dhawan also received $128K in salary and $55K in other compensation.
For fiscal year 2022, the median employee pay was $64,375 at Cerence. Therefore, the ratio of Sanjay Dhawan's pay to the median employee pay was 148 to one.
Stefan Ortmanns, Chief Executive Officer, received a compensation package of $5.3M, which increased by 157% compared to previous year. 82% of the compensation package, or $4.4M, was in stock awards.
Marc Montagner, Chief Financial Officer, earned $4.7M in 2022.
Thomas Beaudoin, Chief Financial Officer, received $2.8M in 2022.
Prateek Kathpal, Chief Technology Officer, earned $2.8M in 2022.
Mark Gallenberger, Chief Financial Officer, received $2.4M in 2022, which increases by 13% compared to 2021.
Christophe Couvreur, SVP and General Manager Core Products, earned $1.2M in 2022.
Cerence's fiscal year ends on September 30.
Related executives
Stefan Ortmanns
Cerence
Chief Executive Officer
Sanjay Dhawan
Cerence
Chief Executive Officer
Thomas Beaudoin
Cerence
Chief Financial Officer
Mark Gallenberger
Cerence
Chief Financial Officer
Marc Montagner
Cerence
Chief Financial Officer
Prateek Kathpal
Cerence
Chief Technology Officer
Christophe Couvreur
Cerence
SVP and General Manager Core Products
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Source: SEC filing on December 30, 2022.