Lantronix CEO Saleel Awsare receives $6.1M in 2024
Lantronix reports 2024 executive compensation
By ExecPay News
Published: September 30, 2024
Lantronix reported fiscal year 2024 executive compensation information on September 30, 2024.
In 2024, six Lantronix executives received on average a compensation package of $1.7M, a 74% increase compared to previous year.
Average pay of disclosed executives at Lantronix
Saleel Awsare, Chief Executive Officer, received $6.1M in total. 90% of Awsare's compensation, or $5.5M, was in stock awards. Awsare also received $91K in bonus, $204K in non-equity incentive plan, $298K in salary, as well as $5K in other compensation.
Jeremy R. Whitaker, Chief Financial Officer, received a compensation package of $973K, which increased by 18% compared to previous year. 55% of the compensation package, or $535K, was in stock awards.
Mathi Gurusamy, Chief Strategy Officer, earned $856K in 2024.
Roger Holliday, Former VP of Worldwide Sales, received $731K in 2024, which increases by 15% compared to 2023.
Eric Bass, VP of Engineering, earned $724K in 2024, a 31% decrease compared to previous year.
Kurt Hoff, VP of Worldwide Sales, received $687K in 2024.
Lantronix's fiscal year ends on June 30.
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Source: SEC filing on September 30, 2024.