President and Chief Executive Officer · FARO Technologies, Inc. (FARO)

Peter Lau

A named executive officer of FARO Technologies in every fiscal year CompBrief holds from FY2023 to FY2024. 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, FY2024

$4,008,421

FY2023: $6,278,891

1st of 6 named executive officers at Faro Technologies by FY2024 total.

6 named officers on file for FARO Technologies, FY2024

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What this number hides

The filing gives the total. FARO Technologies’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed April 10, 2025 (DEF 14A). Insider transactions since that proxy, current to 2026-11-05.

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Peter Lau compensation by year

FARO Technologies Summary Compensation Table · all 2 fiscal years held
In US dollars, as FARO Technologies reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2023FY2024
Salary$253,846$600,000
Bonus$300,000$0
Stock awards$5,655,598$2,956,795
Option awards$0$0
Non-equity incentive$60,720$438,000
Pension and deferred compensation$0$0
All other$8,727$13,626
Total$6,278,891$4,008,421

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: FARO Technologies, Inc. DEF 14A filed April 10, 2025, accession 0001628280-25-017330, and prior-year filings.

How this page was built: the FARO Technologies, Inc. filed document, accession 0001628280-25-017330. Every figure is read from that document and cited to the page and table it appears in. Filed April 10, 2025.

$6.3M
$4.0M
FY23
FY24
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2024 year-end
TypeUnvested unitsValue at year-endExercise price
PSU163,064$4,135,303—
RSU72,473$1,837,915—
PSU62,022$1,572,878—
RSU41,348$1,048,585—

Per the Outstanding Equity Awards at Fiscal Year-End table in FARO Technologies, Inc.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

2 Form 4 lines since the FY2024 proxy (filed April 10, 2025)
current to 2026-11-05 · updated nightly
DateTransactionPlanSharesPriceHeld after
2025-07-21Disposition to the issuer derivative—271,163$44.000
2025-07-21Disposition to the issuer—160,076$44.000

The 2 most recent of 2 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

FARO Technologies’s named executive officers, FY2024

as the company reported each
Named executive officerRoleFY2024 total
Peter Lau · this pagePresident and Chief Executive Officer$4,008,421
Matthew HorwathSenior Vice President and Chief Financial Officer$1,661,883
Jeff SextonFormer Senior Vice President of Sales$1,042,341
Yuval WassermanExecutive Chairman$670,977
Allen MuhichFormer Chief Financial Officer$594,384
Phillipe DelnickSenior Vice President, Global Sales$459,592

Board service

FARO Technologies board · FY2022–FY2024

How this board is paid

Company policy: FARO Technologies pays directors a $60,000 cash retainer and $175,000 in equity. As stated in FARO Technologies's FY2024 proxy.

The full FARO Technologies compensation record

free company brief

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

Peer companies

named in the FARO Technologies 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. Or order FARO Technologies's full Executive Compensation Report with peer benchmarking.

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 FARO Technologies'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.

Peter Lau's compensation dossier