Sundar PichaiSundar Pichai earned $164M in 2023
O

Angus Pacala

CEO of Ouster

Field of Expertise

Technology & Engineering - Technology

Economy Sector

Technology

Current Tenure

3 years 11 months (Feb 2021 - Present)

Previous Experience

Previous experience in technology and leadership roles, including positions at Ouster prior to the merger.

Angus Pacala is the co-founder and CEO of Ouster, Inc., a company focused on technology, particularly in the field of lidar sensors. Since he started at Ouster in June 2015, he has driven the company’s vision and growth. Before this,...

Year

2023

Total Compensation

$688.56K

Salary

$325.00K

Board Justification

The compensation philosophy aims to align executive pay with company performance, utilizing peer benchmarking and retention strategies to attract and retain top talent.

Bonus

$354.87K

Board Justification

Mr. Pacala's target bonus opportunity for 2023 was set at 100% of his annual base salary, with performance metrics established by the compensation committee. The bonus was paid in cash in April 2024 based on the achievement of financial metrics at 109%.

Other

$8.69K

Board Justification

This amount consists of 401(k) employer matching contributions for the fiscal year 2023.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was reported as vested in 2023, as the amounts reflect the full grant-date fair value of stock awards granted during fiscal 2023, not the vested stock.

Performance Metrics

The performance metrics for the CEO's bonus were based on pre-set quantitative financial goals established by the compensation committee.