Dr. Jun Pei is the Chief Executive Officer of Cepton, Inc. He was appointed to this position in February 2022 after co-founding the company in 2016. His background in engineering is solid, holding a Ph.D. in Electrical Engineering from Stanford...

Dr. Jun Pei is the Chief Executive Officer of Cepton, Inc. He was appointed to this position in February 2022 after co-founding the company in 2016. His background in engineering is solid, holding a Ph.D. in Electrical Engineering from Stanford University. Dr. Pei is not just about leadership; he has hands-on experience in the field, having previously worked as CEO of AEP Technology, which he founded in 2010, and as general manager of engineering at Velodyne Lidar. His expertise in lidar technology is crucial for Cepton, which focuses on developing advanced sensors for the automotive and smart infrastructure industries. Notably, in 2023, Dr. Pei's total compensation was $320,000, with additional stocks awarded, showcasing a performance-based incentive structure. Under his guidance, the company is now significantly involved with key clients, generating over $6.7 million in revenue from one major partner. Overall, Dr. Pei's deep technical knowledge combined with his strategic leadership is shaping the future of Cepton, aligning cutting-edge technology with real-world applications.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

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Dr. Jun Pei

Founder and CEO of Cepton, Inc.

Education

Ph.D. in Electrical Engineering from Stanford University

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

January 1, 1969 - 56 years ago

CEO of Cepton, Inc. for

3 years 4 months (Feb 2022 - Present)

Previous Experience

CEO of Cepton Technologies, Inc.

Rivals

Competitors/colleagues of Dr. Jun Pei

Holdings

See how much did Dr. Jun Pei make over time.

Dr. Jun Pei has holdings primarily in Cepton, Inc., where he earns his salary and stock options. In 2023, he was granted 19,692 RSUs, with the first vesting scheduled in early 2024. His total compensation for that year amounted to...

Dr. Jun Pei has holdings primarily in Cepton, Inc., where he earns his salary and stock options. In 2023, he was granted 19,692 RSUs, with the first vesting scheduled in early 2024. His total compensation for that year amounted to $558,273, which includes a base salary of $320,000 and stock grants valued at approximately $238,273. In 2022, his holdings saw a more significant grant of 200,000 RSUs, highlighting his commitment to the company's growth. This stock is critical for him, especially as it aligns his financial interests with the company's performance. Watching the fluctuations in his holdings, it’s interesting to note that the value of these stocks can significantly rise based on the company's market performance, adding another layer to his wealth. Dr. Pei's investments reflect not just personal stakes but also his confidence in the future of Cepton's technology.

Insider Trading

See recent insider trades of Dr. Jun Pei.

No insider trades found for this CEO.

Compensation History

See how much did Dr. Jun Pei make over time.

In 2023, Dr. Jun Pei’s total compensation was $320,000, mainly derived from his salary, reflecting a focus on cash conservation within the company. Notably, he received no cash bonuses in either 2022 or 2023, which emphasizes a strategic approach to company expenditures. Instead, he was granted around 19,692 RSUs in 2023, which are set to vest over the next few years, tying his compensation directly to the company's future performance and success. In the previous year, his total compensation was around $908,385, bolstered by a larger stock grant of 200,000 RSUs. This pattern shows that while immediate cash flow might be limited, Dr. Pei's long-term compensation structure is built to encourage sustained growth and success within Cepton, making him invested in the company's outcome.

Year

2023

Total Compensation

$320.00K

Salary

$320.00K

Board Justification

The compensation program is designed to align executives’ compensation with business objectives and stockholder value creation.

Bonus

$0.00

Board Justification

No cash bonuses were awarded to any of the NEOs for 2023.

Other

$0.00

Board Justification

No other compensation was reported for 2023.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 that are included in the total compensation.

Performance Metrics

The performance metrics determining compensation for 2023 were not specified.