In 2019, Ashok Vemuri earned $4.66M in total compensation at Conduent Incorporated, including $711.54K salary and $3.00M in stock. Most recently acquired 68,750 shares in Feb 2019. Currently holds stock worth $3.49M. Led Conduent Incorporated as CEO for 2 years.
Compensation History
Annual executive compensation data for Ashok Vemuri, including salary, bonuses, and stock awards.
Year
2019
Total Compensation
$4.66M
Salary
$711.54K
Bonus
$0.00
Other
$946.22K
Salary
$711.54KBoard Justification
The compensation philosophy aims to attract, motivate, reward, and retain top talent necessary to drive business strategy and create shareholder value, aligning executive and shareholder interests through performance-based compensation.
Bonus
$0.00Board Justification
No bonus was awarded as minimum performance goals were not met in 2019.
Other Compensation
$946.22KBoard Justification
Includes severance payments and other benefits upon termination of employment.
Restricted Stock
Board Justification
473,603 shares of Restricted Stock Units vested in 2019, valued at $3,000,526 based on the closing price of Conduent Common Stock on the vesting date.
Performance Metrics
Performance metrics for 2019 included Adjusted EBITDA and Revenue (at constant currency), with no payouts under the Annual Performance Incentive Program due to not meeting minimum performance goals.
Ashok Vemuri
Ex-CEO of Conduent Incorporated
Education
Bachelor's degree in Physics from St. Stephen's College, Delhi and an MBA from the Indian Institute of Management, Ahmedabad.
Field of Expertise
Business & Management
Sector of Economy
Technology
Born
January 1, 1969 - 56 years ago
CEO of Conduent Incorporated for
2 years 7 months (Jan 2017 - Aug 2019)
Previous Experience
Chief Executive Officer of Xerox Business Services, LLC and Executive Vice President of Xerox Corporation.
Other Conduent Incorporated CEOs
Holdings
Track Ashok Vemuri's stock holdings and portfolio value over time.
Insider Trading
Ashok Vemuri's recent stock transactions, purchases, and sales filed with the SEC.
$730.81K
CNDT at $10.63/share
Feb 15, 2019
Received
286,486 shares
CNDT
Apr 1, 2017
Received
$1.25M
XRX at $9.35/share
Jul 1, 2016
Received
Rivals
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