Sundar PichaiSundar Pichai earned $164M in 2023

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,...

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Angus Pacala

CEO of Ouster

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

CEO of Ouster for

4 years 3 months (Feb 2021 - Present)

Previous Experience

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

Rivals

Competitors/colleagues of Angus Pacala

Holdings

See how much did Angus Pacala make over time.

Angus Pacala’s holdings in Ouster reflect the company's ups and downs. His significant wealth comes from stock options and performance-based equity awards. After a rough patch, his compensation saw a sharp rise, coinciding with stock grants in March 2023 of...

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Insider Trading

See recent insider trades of Angus Pacala.

OUST

$493.86K

OUST at $9.69/share

Dec 12, 2024

Purchase

OUST

$197.28K

OUST at $12.33/share

May 15, 2024

Purchase

OUST

138,478 shares

OUST

Mar 28, 2024

Received

OUST

$501.01K

OUST at $5.81/share

May 16, 2023

Purchase

OUST

375,000 shares

OUST

Mar 16, 2023

Received

OUST

4,385,807 shares

OUST

Mar 11, 2021

Received

Compensation History

See how much did Angus Pacala make over time.

In 2023, Angus Pacala earned a total compensation of approximately $1.06 million. His base salary was $400,000, a significant increase from his previous earnings. He also received performance bonuses that tied directly to Ouster's financial success, hitting 109% of his target. His cash bonus was $354,871, reflecting the company’s performance measures. Additionally, he was awarded stock options as part of his compensation strategy, aligning his interests with those of the shareholders. Ouster's compensation structure for Angus is designed to keep it competitive and retain talents, while allowing for fluctuations based on company performance, showcasing a thoughtful blend of fixed and variable pay.

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.

Other Ouster CEOs

Here are other CEOs of Ouster