Peter Lau is President and Chief Executive Officer of FARO Technologies, Inc. (FARO). The company reported total compensation of $4,008,421 for fiscal year 2024.
| Salary | $600,000 |
|---|---|
| Bonus | $0 |
| Stock awards | $2,956,795 |
| Option awards | $0 |
| Non-equity incentive plan | $438,000 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $13,626 |
| Total | $4,008,421 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure FARO Technologies, Inc. filed April 10, 2025, accession 0001628280-25-017330.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2024 | President and Chief Executive Officer | $600,000 | $0 | $2,956,795 | $0 | $438,000 | $0 | $13,626 | $4,008,421 |
| FY2023 | President and Chief Executive Officer | $253,846 | $300,000 | $5,655,598 | $0 | $60,720 | $0 | $8,727 | $6,278,891 |
Totals as disclosed in each year's own compensation disclosure for FARO Technologies, Inc..
| Peer-group chief executive median | $4,583,837 |
|---|---|
| Difference from that median | $-575,416 |
| Percentile within the disclosed peer group | 45th |
| Peers with a disclosed figure | 17 |
Medians and percentiles are computed across the peer group FARO Technologies, Inc. discloses in its own compensation disclosure.
| Named executive officer | Role | FY2024 total |
|---|---|---|
| Peter Lau this page | President and Chief Executive Officer | $4,008,421 |
| Matthew Horwath | Senior Vice President and Chief Financial Officer | $1,661,883 |
| Jeff Sexton | Former Senior Vice President of Sales | $1,042,341 |
| Yuval Wasserman | Executive Chairman | $670,977 |
| Allen Muhich | Former Chief Financial Officer | $594,384 |
| Phillipe Delnick | Senior Vice President, Global Sales | $459,592 |
The company's named executive officers for fiscal year 2024, and what it reported for each. See the full FARO Technologies, Inc. compensation brief.
Peter Lau's compensation sits inside FARO Technologies, Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.