Sundar PichaiSundar Pichai earned $164M in 2023

David Roberts has been leading Verra Mobility Corporation as its CEO since October 2018. Under his guidance, the company has focused on becoming a leader in the mobility sector, integrating technology to improve transportation solutions. David has over 24 years...

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David Roberts

Ex-CEO of Verra Mobility

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

August 12, 1967 - 57 years ago

CEO of Verra Mobility for

3 years 5 months (Oct 2018 - Apr 2022)

Previous Experience

CEO of Verra Mobility Corporation

Rivals

Competitors/colleagues of David Roberts

Holdings

See how much did David Roberts make over time.

David Roberts possesses a substantial share of Verra Mobility stock, with initial grants yielding over 1.18 million restricted stock units (RSUs). In 2022, he benefited from over 315,000 RSUs that vested, giving him a realized value of around $5.26 million...

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Insider Trading

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Compensation History

See how much did David Roberts make over time.

In 2022, David Roberts' total compensation was $4.25 million, which included a base salary of $550,000 along with a performance-based cash bonus of $661,000. His compensation strategy is tied closely to the company’s success, where he can earn up to 150% of his target bonus based on achieving revenue and adjusted EBITDA targets. In previous years, his earnings were significantly lower; for instance, in 2020, he earned around $2.57 million due to unmet performance metrics. This highlights a clear focus on aligning executive incentives with the company’s operational performance. His compensation has shown growth over the years, especially in terms of equity awards, with a clear strategy to drive profitability and return on investment for shareholders.

Year

2022

Total Compensation

$6.53M

Salary

$590.00K

Board Justification

The compensation philosophy emphasizes performance-based incentive compensation aligned with stockholder interests, focusing on sustained financial and operational performance.

Bonus

$661.00K

Board Justification

Cash bonus payment based on achievement of revenue and adjusted EBITDA targets and individual performance for the fiscal year 2022.

Other

$11.40K

Board Justification

Includes health, dental, and vision insurance, paid time off, life insurance, and short-term and long-term disability insurance.

Restricted Stock

$5.26M(315.07K RSU)

Board Justification

Restricted Stock Units that vested during the fiscal year 2022, representing shares of Class A Common Stock.

Performance Metrics

Consolidated revenue and adjusted EBITDA targets, along with individual performance measures.

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