Chief Executive Officer, President and Director · ITERIS, INC. (ITI)

Joe Bergera

A named executive officer of ITERIS in every fiscal year CompBrief holds from FY2021 to FY2023. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2023

$1,141,479

FY2021: $1,469,018

1st of 5 named executive officers at Iteris by FY2023 total.

5 named officers on file for ITERIS, FY2023

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Compensation figures as of the proxy filed July 28, 2023 (DEF 14A).

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Joe Bergera compensation by year

ITERIS Summary Compensation Table · all 2 fiscal years held
In US dollars, as ITERIS reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2021FY2023
Salary$432,030$445,000
Bonus$0$0
Stock awards$254,388$218,504
Option awards$323,125$247,386
Non-equity incentive$448,275$212,461
Pension and deferred compensation$0$0
All other$11,200$18,128
Total$1,469,018$1,141,479

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: ITERIS, INC. DEF 14A filed July 28, 2023, accession 0001628280-23-026101, and prior-year filings.

How this page was built: the ITERIS, INC. filed document, accession 0001628280-23-026101. Every figure is read from that document and cited to the page and table it appears in. Filed July 28, 2023.

$1.5M
$1.1M
FY21
FY23
SalaryNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2023 year-end
TypeUnvested unitsValue at year-endExercise price
RSU103,022$483,173—
RSU35,855$103,022—
Option62,500—$5.10
Option68,750—$4.80
Option137,284—$3.13
Option75,000—$5.00

Per the Outstanding Equity Awards at Fiscal Year-End table in ITERIS, INC.'s FY2023 proxy; value at the fiscal year-end close, as the company printed it.

Change-in-control & termination

estimated payments ITERIS discloses, by trigger · FY2023
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Involuntary termination without cause$463,000$0$29,573$808,323
Death$222,500$821,505$29,573$1,073,578
Change in control and involuntary termination$578,750$973,025$29,573$1,892,598
Disability$111,250$821,505$29,573$962,328

Per the Potential Payments Upon Termination or Change in Control table in ITERIS, INC.'s FY2023 proxy. Estimates as the company printed them; a dash means it printed no figure.

ITERIS’s named executive officers, FY2023

as the company reported each
Named executive officerRoleFY2023 total
Joe Bergera · this pageChief Executive Officer, President and Director$1,141,479
Douglas GrovesChief Financial Officer, Senior Vice President of Finance and Secretary$802,488
Kerry ShibaSenior Vice President and Chief Financial Officer, Treasurer, and Secretary$705,654
Todd KreterSenior Vice President and Chief Technology Officer$568,793
William CousinsSenior Vice President and Chief Product Officer$556,408

Board service

ITERIS board · FY2023

How this board is paid

Company policy: ITERIS pays directors a $40,000 cash retainer and $80,000 in equity. As stated in ITERIS's FY2023 proxy.

The full ITERIS compensation record

free company brief

This page is one person within ITERIS's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the ITERIS proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are ITERIS's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Joe Bergera's compensation dossier