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The charts on this page feature a breakdown of the total annual pay for the top executives at FARO TECHNOLOGIES INC as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. FARO TECHNOLOGIES INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. FARO TECHNOLOGIES INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Yuval Wasserman
Executive Chairman, Director
Total Cash $200,001 Equity $2,390,720 Other $0 Total Compensation $2,590,721
Michael D. Burger
Former President and Chief Executive Officer
Total Cash $875,738 Equity $4,879,771 Other $9,574 Total Compensation $5,765,083
Allen Muhich
Former Chief Financial Officer
Total Cash $488,122 Equity $1,412,585 Other $1,809 Total Compensation $1,902,516
Jeff Sexton
Senior Vice President of Sales
Total Cash $301,558 Equity $770,505 Other $9,669 Total Compensation $1,081,732
Peter J. Lau
President and Chief Executive Officer
Total Cash $614,566 Equity $5,655,598 Other $8,727 Total Compensation $6,278,891
For its 2023 fiscal year, FARO TECHNOLOGIES INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Peter J. Lau CEO Pay $6,278,891 Median Employee Pay $63,848 CEO Pay Ratio 98:1
For its 2023 fiscal year, FARO TECHNOLOGIES INC, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Alex Davern Total Cash $253,952
Jawad Ahsan Total Cash $229,706
Jeroen van Rotterdam Total Cash $235,007
John Donofrio Total Cash $255,007
Lynn Brubaker Total Cash $255,007
Moonhie Chin Total Cash $235,007
Rajani Ramanathan Total Cash $235,007
Stephen Cole Total Cash $35,011
Yuval Wasserman Total Cash $35,011

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.