Sundar PichaiSundar Pichai earned $164M in 2023

Craig Conti serves as the CEO of Verra Mobility Corporation, where he has made a significant impact since taking the role in April 2022. His background in finance is impressive; he holds a Bachelor of Science in Finance and an...

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Craig Conti

CEO of Verra Mobility

Education

Bachelor of Science in Finance, Master's in Business Administration

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Industrials

Born

January 1, 1977 - 48 years ago

CEO of Verra Mobility for

3 years 3 months (Apr 2022 - Present)

Previous Experience

Executive Vice President and Chief Financial Officer of Century Aluminum Company

Rivals

Competitors/colleagues of Craig Conti

Holdings

See how much did Craig Conti make over time.

Craig Conti's wealth is closely tied to his role at Verra Mobility, particularly through Class A common stock. In 2019, his compensation peaked at about $873,434, driven by a cash bonus and vested stock units amounting to over $4 million....

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Compensation History

See how much did Craig Conti make over time.

In 2023, Craig Conti's total compensation was $393,508, comprised of a salary of $465,369 and a cash bonus of $369,522 based on performance criteria. His bonus structure is specifically tied to achieving financial goals, highlighting the company's focus on performance-driven results. A key part of his agreement includes no stock vested for that year, which is unusual given prior years where he had vested stocks contributing significantly to his total pay. In 2022, he earned $787,500 through a mix of salary and cash bonus, plus $296,454 in stock value from previous years, showing a transition from stock-based compensation to cash incentives. This evolution in his pay structure reflects a broader trend in the company's aim to align executive rewards with immediate fiscal performance rather than long-term stock price gains. His compensation details signify a dedication to measurable results key for stockholder interests.

Year

2023

Total Compensation

$998.79K

Salary

$465.37K

Board Justification

Our compensation philosophy is primarily driven by our commitment to aligning our executive compensation with the interests of our stockholders by emphasizing performance-based incentive compensation focused on objectives that our Board believes have a significant impact on stockholder value.

Bonus

$369.52K

Board Justification

Cash bonus payment based on financial achievement and individual performance, with a target level of 75% of base salary.

Other

$163.90K

Board Justification

Includes contributions to 401(k) plan and relocation expenses.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock vested in 2023 as the vested stock is not applicable for this year.

Performance Metrics

Performance metrics include consolidated revenue and adjusted EBITDA targets.

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