ITERIS CEO Joe Bergera's 2022 pay slips 13% to $1.3M
ITERIS reports 2022 executive compensation
By ExecPay News
Published: July 28, 2023
ITERIS reported fiscal year 2022 executive compensation information on July 28, 2023.
In 2022, five ITERIS executives received on average a compensation package of $737K, a 19% decrease compared to previous year.
Joe Bergera, Chief Executive Officer, received $1.3M in total, which decreased by 13% compared to 2021. 35% of Bergera's compensation, or $444K, was in salary. Bergera also received $187K in non-equity incentive plan, $260K in option awards, $373K in stock awards, as well as $21K in other compensation.
Douglas L. Groves, Chief Financial Officer, received a compensation package of $824K, which decreased by 8% compared to previous year. 50% of the compensation package, or $412K, was in salary.
Todd Kreter, Senior Vice President and General Manager, Advanced Sensors, earned $636K in 2022, a 6% decrease compared to previous year.
William M. Cousins, Senior Vice President and Chief Product Officer, received $529K in 2022.
Ramin Massoumi, Senior Vice President and General Manager, Roadway Sensors, earned $411K in 2022, a 29% decrease compared to previous year.
ITERIS' fiscal year ends on March 31.
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William Cousins
ITERIS
Senior Vice President and Chief Product Officer
Joe Bergera
ITERIS
Chief Executive Officer
Douglas Groves
ITERIS
Chief Financial Officer
Todd Kreter
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Senior Vice President and General Manager, Advanced Sensors
Ramin Massoumi
ITERIS