CEO Charles Vogt was paid $636,227 in fiscal year 2023, ↓ down 86.5% from fiscal year 2022, the 1st percentile of its disclosed peer group (SEC filing 0000950170-24-096409 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
$636,227 ↓ Charles Vogt total, FY2023 | 1st CEO pay percentile vs peers | — CEO-to-median pay ratio | 62.92% Say-on-pay support, latest vote |
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Each company listed discloses DZSIQ in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named DZSIQ in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Charles Vogt | $600,000 | $0 | $0 | $0 | $0 | $0 | $36,227 | $636,227 |
| President & CEO | ||||||||
| Deok Won | 396,979 | 0 | 0 | 0 | 0 | 0 | 73,249 | 470,228 |
| Chief Operating Officer, Asia | ||||||||
| Justin Ferguson | 325,000 | 0 | 0 | 0 | 0 | 0 | 33,417 | 358,417 |
| CLO & Corporate Secretary | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2023 total | FY2022 total | FY2021 total | Δ FY2022→2023 |
|---|---|---|---|---|
| Charles Vogt | $636,227 | $4,702,529 | — | ↓ −4,066,302 |
| Deok Won | 470,228 | 1,063,909 | — | ↓ −593,681 |
| Justin Ferguson | 358,417 | 1,400,204 | — | ↓ −1,041,787 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Charles Vogt | PSU | 200,252 | — | $394,496 |
| Justin Ferguson | PSU | 47,564 | — | 93,701 |
| Deok Won | PSU | 27,500 | — | 54,175 |
The Company's compensation philosophy is intended to create a high-performance, outcome-driven and principled culture by holding leaders accountable for delivering results. The program is designed to be market competitive, emphasize pay for performance, share risks and rewards with stockholders, and reflect the Company's principles and values.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Aon |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2023 | 2023-05-30 | 11,549,415 | 6,806,969 | 1,938,106 | 62.92% | Passed |
| 2020 | 2020-05-26 | 14,682,217 | 53,670 | 13,123 | 99.64% | Passed |
| 2017 | 2017-10-30 | 10,875,955 | 28,027 | 7,014 | 99.74% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2023 | 2023-05-30 | 62.92%a |
| 2020 | 2020-05-26 | 99.64%b |
| 2017 | 2017-10-30 | 99.74%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Joon Kyung KimIndependent | $72,500 | $99,995 | $0 | $0 | $0 | $172,495 |
| David SchoppIndependent · Lead Independent Director | 65,000 | 99,995 | 0 | 0 | 0 | 164,995 |
| Barbara CarboneIndependent | 65,000 | 99,995 | 0 | 0 | 0 | 164,995 |
| Matt W. BrossIndependent | 60,000 | 99,995 | 0 | 0 | 0 | 159,995 |
| Choon Yul YooNot independent | 35,000 | 99,995 | 0 | 0 | 0 | 134,995 |
| Min Woo NamNot independent · Board Chair · Departed during FY | 37,500 | 49,985 | 0 | 0 | 0 | 87,485 |
| Charles D. VogtEmployee director | — | — | — | — | — | 0 |
| Annual cash retainer | $35,000 |
|---|---|
| Annual equity retainer | $100,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 5,000 / 5,000 / 5,000 |
| Stock ownership guideline | — |
| Component | FY2023 |
|---|---|
| Cash retainers and fees | $335,000 |
| Equity awards (grant-date value) | $549,960 |
| All other compensation | $0 |
| Total cost of the board | $884,960 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies DZS INC. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including DZS INC..
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Ribbon Communications, Inc. | 2025 | Bruce McClelland | $750,000 | $16,370,820 | $0 | $225,188 | $17,457,675 |
| 2 | Extreme Networks Inc. | 2026 | Edward Meyercord | 840,000 | 12,337,228 | 0 | 1,050,504 | 14,244,704 |
| 3 | Viavi Solutions | 2026 | Oleg Khaykin | 900,000 | 10,103,344 | 0 | 1,295,437 | 12,305,351 |
| 4 | Inseego | 2025 | Juho Sarvikas | 480,769 | 4,578,311 | 6,685,850 | 0 | 11,988,776 |
| 5 | Calix, Inc. | 2025 | Michael Weening | 560,000 | 0 | 9,227,829 | 1,023,349 | 10,820,080 |
| 6 | NetGear | 2025 | Charles Prober | 767,740 | 8,603,205 | 0 | 1,181,731 | 10,555,676 |
| 7 | Adtran Inc. | 2025 | Thomas Stanton | 1,022,685 | 3,763,041 | 0 | 2,884,000 | 7,683,726 |
| 8 | Infinera Corp. | 2023 | David Heard | 729,000 | 5,137,500 | 0 | 791,163 | 6,663,648 |
| 9 | Harmonic Inc. | 2025 | Nimrod Ben-Natan | 609,000 | 4,927,562 | 0 | 570,000 | 6,163,092 |
| 10 | Digi International Inc. | 2025 | Ronald Konezny | 583,846 | 3,454,324 | 0 | 949,179 | 5,002,124 |
| 11 | Casa Systems, Inc. | 2022 | Jerry Guo | 733,048 | 3,800,652 | 0 | 0 | 4,542,850 |
| 12 | Aviat Networks, Inc. | 2026 | Peter Smith | 650,000 | 3,559,276 | 0 | 196,563 | 4,417,472 |
| 13 | NetScout Systems | 2026 | Anil Singhal | 594,825 | 1,346,256 | 0 | 999,915 | 3,206,287 |
| 14 | Lantronix | 2026 | Saleel Awsare | 500,000 | 1,208,488 | 0 | 400,000 | 2,115,193 |
| 15 | KVH Industries | 2025 | Brent Bruun | 538,810 | 0 | 425,840 | 485,185 | 1,461,335 |
| 16 | DZS INC. | 2023 | Charles Vogt | 600,000 | 0 | 0 | 0 | 636,227 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| DZS INC. | not disclosed | not disclosed | not disclosed | Aon |
| Adtran Inc. | 200% | not disclosed | No | Pay Governance LLC |
| Aviat Networks, Inc. | not disclosed | PSU 50 · RSU 50 | not disclosed | Compensia |
| Calix, Inc. | 108% | Options 100 | No | Compensia |
| Casa Systems, Inc. | 0% | PSU 60 · RSU 40 | No | Pearl Meyer & Partners, LLC |
| Digi International Inc. | 147% | RSU 50 · PSU 50 | Yes — TSR vs Russell 2000 Index | Radford Consulting (AON) |
| Extreme Networks Inc. | not disclosed | PSU 50 · RSU 50 | Yes — TSR relative to the Russell 2000 Index | Compensia, Inc. |
| Harmonic Inc. | not disclosed | RSU 60 · MSU 20 · PSU 20 | Yes — TSR relative to Nasdaq Telecommunications Index | Exequity |
| Infinera Corp. | 83.5% | PSU 55 · RSU 45 | No | Compensia |
| Inseego | not disclosed | not disclosed | not disclosed | not disclosed |
| KVH Industries | not disclosed | Options 100 | not disclosed | Compensia |
| Lantronix | 80% | PSU 50 · RSU 50 | Yes — Relative TSR | Compensation Strategies, Inc. |
| NetGear | 128% | RSU 50 · PSU 50 | Yes — Relative TSR Rank | Frederick W. Cook & Co., Inc. |
| NetScout Systems | 174.7% | RSU 60 · PSU 40 | Yes — Relative Total Shareholder Return (rTSR) vs. Russell 2000 Index | not disclosed |
| Ribbon Communications, Inc. | 30% | not disclosed | Yes — Relative TSR | FW Cook |
| Viavi Solutions | not disclosed | MSU 60 · RSU 40 | not disclosed | Compensia, Inc. |
Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Charles Vogt | DEF 14A | 2024-08-13 | 0000950170-24-096409 | Section “Executive Compensation”. As printed: 636,227. Filing ↗machine: r2 · c32 · span 3070099–3070106 |
| 2 | Section 01, Deok Won | DEF 14A | 2024-08-13 | 0000950170-24-096409 | Section “Executive Compensation”. As printed: 470,228. Filing ↗machine: r6 · c32 · span 3102668–3102675 |
| 3 | Section 01, Justin Ferguson | DEF 14A | 2024-08-13 | 0000950170-24-096409 | Section “Executive Compensation”. As printed: 358,417. Filing ↗machine: r4 · c32 · span 3086388–3086395 |
| 4 | Section 08, Joon Kyung Kim | DEF 14A | 2024-08-13 | 0000950170-24-096409 | Section “Director Compensation”. As printed: 172,495. Filing ↗machine: span 3358921–3359111 |
| 5 | Section 08, David Schopp | DEF 14A | 2024-08-13 | 0000950170-24-096409 | Section “Director Compensation”. As printed: 164,995. Filing ↗machine: span 3365901–3366091 |
| 6 | Section 08, Barbara Carbone | DEF 14A | 2024-08-13 | 0000950170-24-096409 | Section “Director Compensation”. As printed: 164,995. Filing ↗machine: span 3351882–3352072 |
| 7 | Section 08, Matt W. Bross | DEF 14A | 2024-08-13 | 0000950170-24-096409 | Section “Director Compensation”. As printed: 159,995. Filing ↗machine: span 3344899–3345089 |
| 8 | Section 08, Choon Yul Yoo | DEF 14A | 2024-08-13 | 0000950170-24-096409 | Section “Director Compensation”. As printed: 134,995. Filing ↗machine: span 3372882–3373072 |
| 9 | Section 08, Min Woo Nam | DEF 14A | 2024-08-13 | 0000950170-24-096409 | Section “Director Compensation”. As printed: 87,485. Filing ↗machine: span 3337919–3338108 |
| 10 | Section 08, Charles D. Vogt | DEF 14A | 2024-08-13 | 0000950170-24-096409 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 11 | Section 06, 2023 vote | Form 8-K | 2023-06-01 | 0001101680-23-000058 | Item 5.07 · say-on-pay result. As reported: 62.92% (votes for as printed: 11,549,415). Filing ↗ |
| 12 | Section 06, 2020 vote | Form 8-K | 2020-05-27 | 0001564590-20-027027 | Item 5.07 · say-on-pay result. As reported: 99.64% (votes for as printed: 14,682,217). Filing ↗ |
| 13 | Section 06, 2017 vote | Form 8-K | 2017-10-30 | 0001101680-17-000075 | Item 5.07 · say-on-pay result. As reported: 99.74% (votes for as printed: 10,875,955). Filing ↗ |
| 14 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 15 | Section 09b board cost (computed) | Computed | — | — | Cash 335,000 + equity 549,960 + all other 0 = 884,960, summed across the director compensation table rows.machine: formula: Σ = 884,960 |
| 16 | Ribbon Communications, Inc., Section 10b CEO total | DEF 14A | 2026-04-17 | 0001104659-26-044643 | CEO total compensation as printed in Ribbon Communications, Inc.'s own proxy. As printed: 17,457,675. Filing ↗machine: t160 · r1 · c42 · span 1626864–1626874 |
| 17 | Extreme Networks Inc., Section 10b CEO total | DEF 14A | 2026-09-18 | 0001193125-26-395545 | CEO total compensation as printed in Extreme Networks Inc.'s own proxy. As printed: 14,244,704. Filing ↗machine: r2 · c16 · span 1564669–1564679 |
| 18 | Viavi Solutions, Section 10b CEO total | DEF 14A | 2026-10-02 | 0001628280-26-064524 | CEO total compensation as printed in Viavi Solutions's own proxy. As printed: 12,305,351. Filing ↗machine: r2 · c21 · span 937082–937092 |
| 19 | Inseego, Section 10b CEO total | DEF 14A | 2026-04-23 | 0001683168-26-003150 | CEO total compensation as printed in Inseego's own proxy. As printed: 11,988,776. Filing ↗machine: r1 · c25 · span 232920–232930 |
| 20 | Calix, Inc., Section 10b CEO total | DEF 14A | 2026-03-27 | 0001406666-26-000006 | CEO total compensation as printed in Calix, Inc.'s own proxy. As printed: 10,820,080. Filing ↗machine: r2 · c42 · span 648399–648409 |
| 21 | NetGear, Section 10b CEO total | DEF 14A | 2026-04-16 | 0001193125-26-159312 | CEO total compensation as printed in NetGear's own proxy. As printed: 10,555,676. Filing ↗machine: span 1491692–1491702 |
| 22 | Adtran Inc., Section 10b CEO total | DEF 14A | 2026-03-27 | 0001193125-26-127315 | CEO total compensation as printed in Adtran Inc.'s own proxy. As printed: 7,683,726. Filing ↗machine: t94 · r5 · c30 · span 1321525–1321534 |
| 23 | Infinera Corp., Section 10b CEO total | DEF 14A | 2024-05-17 | 0001138639-24-000128 | CEO total compensation as printed in Infinera Corp.'s own proxy. As printed: 6,663,648. Filing ↗machine: r2 · c42 · span 746411–746420 |
| 24 | Harmonic Inc., Section 10b CEO total | DEF 14A | 2026-04-24 | 0001140361-26-016701 | CEO total compensation as printed in Harmonic Inc.'s own proxy. As printed: 6,163,092. Filing ↗machine: r3 · c19 · span 1385330–1385340 |
| 25 | Digi International Inc., Section 10b CEO total | DEF 14A | 2025-12-17 | 0001104659-25-122033 | CEO total compensation as printed in Digi International Inc.'s own proxy. As printed: 5,002,124. Filing ↗machine: r1 · c6 · span 312252–312261 |
| 26 | Casa Systems, Inc., Section 10b CEO total | DEF 14A | 2023-04-06 | 0000950170-23-012028 | CEO total compensation as printed in Casa Systems, Inc.'s own proxy. As printed: 4,542,850. Filing ↗machine: t34 · r2 · c23 · span 808632–808641 |
| 27 | Aviat Networks, Inc., Section 10b CEO total | DEF 14A | 2026-10-02 | 0001628280-26-064519 | CEO total compensation as printed in Aviat Networks, Inc.'s own proxy. As printed: 4,417,472. Filing ↗machine: r3 · c24 · span 439883–439892 |
| 28 | NetScout Systems, Section 10b CEO total | DEF 14A | 2026-07-24 | 0001193125-26-316095 | CEO total compensation as printed in NetScout Systems's own proxy. As printed: 3,206,287. Filing ↗machine: r4 · c25 · span 2186913–2186922 |
| 29 | Lantronix, Section 10b CEO total | DEF 14A | 2026-09-22 | 0001140361-26-037329 | CEO total compensation as printed in Lantronix's own proxy. As printed: 2,115,193. Filing ↗machine: r2 · c24 · span 621598–621607 |
| 30 | KVH Industries, Section 10b CEO total | DEF 14A | 2026-04-28 | 0001104659-26-050409 | CEO total compensation as printed in KVH Industries's own proxy. As printed: 1,461,335. Filing ↗machine: r1 · c25 · span 311345–311354 |
| 31 | DZS INC. (subject), Section 10b CEO total | DEF 14A | 2024-08-13 | 0000950170-24-096409 | CEO total compensation as printed in DZS INC.'s own proxy. As printed: 636,227. Filing ↗machine: r2 · c32 · span 3070099–3070106 |
| 32 | Section 10a, Viavi Solutions reciprocity | DEF 14A | — | 0001628280-26-064524 | Viavi Solutions's most recent proxy was read; its disclosed peer group does not include DZS INC.. Filing ↗ |
| 33 | Section 10a, NetGear reciprocity | DEF 14A | — | 0001193125-26-159312 | NetGear's most recent proxy was read; its disclosed peer group does not include DZS INC.. Filing ↗ |
| 34 | Section 10a, Calix, Inc. reciprocity | DEF 14A | — | 0001406666-26-000006 | Calix, Inc.'s most recent proxy was read; its disclosed peer group does not include DZS INC.. Filing ↗ |
| 35 | Section 10a, NetScout Systems reciprocity | DEF 14A | — | 0001193125-25-165434 | NetScout Systems's most recent proxy was read; its disclosed peer group does not include DZS INC.. Filing ↗ |
| 36 | Section 10a, Aviat Networks, Inc. reciprocity | DEF 14A | — | 0001628280-26-064519 | Aviat Networks, Inc.'s most recent proxy was read; its disclosed peer group does not include DZS INC.. Filing ↗ |
| 37 | Section 10a, Infinera Corp. reciprocity | DEF 14A | — | 0001138639-24-000128 | Infinera Corp.'s most recent proxy was read; its disclosed peer group does not include DZS INC.. Filing ↗ |
| 38 | Section 10a, Ribbon Communications, Inc. reciprocity | DEF 14A | — | 0001104659-26-044643 | Ribbon Communications, Inc.'s most recent proxy was read; its disclosed peer group does not include DZS INC.. Filing ↗ |
| 39 | Section 10a, Extreme Networks Inc. reciprocity | DEF 14A | — | 0001193125-26-395545 | Extreme Networks Inc.'s most recent proxy was read; its disclosed peer group does not include DZS INC.. Filing ↗ |
| 40 | Section 10a, Casa Systems, Inc. reciprocity | DEF 14A | — | 0000950170-23-012028 | Casa Systems, Inc.'s most recent proxy was read; its disclosed peer group does not include DZS INC.. Filing ↗ |
| 41 | Section 10a, Lantronix reciprocity | DEF 14A | — | 0001140361-26-037329 | Lantronix's most recent proxy was read; its disclosed peer group does not include DZS INC.. Filing ↗ |
| 42 | Section 10a, Digi International Inc. reciprocity | DEF 14A | — | 0001104659-25-122033 | Digi International Inc. names DZS INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 43 | Section 10a, Harmonic Inc. reciprocity | DEF 14A | — | 0001140361-26-016701 | Harmonic Inc.'s most recent proxy was read; its disclosed peer group does not include DZS INC.. Filing ↗ |
| 44 | Section 10a, Adtran Inc. reciprocity | DEF 14A | — | 0001193125-26-127315 | Adtran Inc.'s most recent proxy was read; its disclosed peer group does not include DZS INC.. Filing ↗ |
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