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Iteris Executive Compensation (FY23)

ITI · Executive and director compensation, fiscal 2023 only

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Data as of September 7, 2026Latest filing (8-K): September 12, 2023
7 filings cited on this page
A report that fails to generate is refunded in full
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Iteris brief$1,500Get the executive brief
191 figures on this page: 185 cited to the filing that reported them, 6 calculated from figures it prints. See the citations
Chief executive, fiscal 2023
◇
Joe Bergera
Latest say-on-pay support
=
September 7, 2023

Frequently asked questions

Answers drawn from the data on this page.
Who is Iteris' chief executive and what were they paid?
Joe Bergera, Chief Executive Officer, President and Director, received $1,141,479 in total compensation for fiscal 2023.
What was Iteris' say-on-pay result?
Shareholders supported the say-on-pay proposal with 79.0% of votes cast including abstentions in favor at the meeting held September 7, 2023 for fiscal 2023.
Which companies are in Iteris' peer group?
The disclosed peer group names A10 Networks, Inc., Agilysys, Inc., American Software, Inc., Applied Optoelectronics, Inc. and Aviat Networks, Inc., among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Joe Bergera
Chief Executive Officer, President and Director
◇—◇◇◇—◇◇
Douglas Groves
Chief Financial Officer, Senior Vice President of Finance and Secretary
◇—◇◇◇—◇◇
Kerry Shiba
Senior Vice President and Chief Financial Officer, Treasurer, and Secretary
◇◇◇◇——◇◇
Todd Kreter
Senior Vice President and Chief Technology Officer
◇—◇◇◇——◇
William Cousins
Senior Vice President and Chief Product Officer
◇—◇◇◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2023
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Douglas GrovesPSU——————◇
Douglas GrovesOPTION——————◇
Joe BergeraOPTION——————◇
Joe BergeraPSU——————◇
Kerry ShibaOPTION——————◇
Kerry ShibaPSU——————◇
Todd KreterOPTION——————◇
Todd KreterPSU——————◇
William CousinsPSU——————◇
William CousinsOPTION——————◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2023 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Douglas GrovesRSU◇◇——
PSU◇◇——
PSU◇◇——
Option◇—◇11/15/30
Option◇—◇11/17/31
RSU◇◇——
Option◇—◇12/01/32
Option◇—◇12/03/29
RSU◇◇——
RSU◇◇——
Todd KreterOption◇—◇03/02/27
Option◇—◇02/15/28
RSU◇◇——
RSU◇◇——
Option◇—◇12/09/2031
PSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇12/08/29
Option◇—◇12/09/28
Option◇—◇12/01/32
Option◇—◇11/17/31
PSU◇◇——
Option◇—◇12/09/2032
RSU◇◇——
Option◇—◇11/15/30
Kerry ShibaRSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇02/02/33
Joe BergeraOption◇—◇03/20/2031
RSU◇◇——
Option◇—◇12/09/2031
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇12/09/2032
William CousinsPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇12/01/32
Option◇—◇03/20/32
Option◇—◇12/09/2032
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Joe Bergera
Chief Executive Officer, President and Director · Terms as described in the company’s compensation discussion · citing a 2023 filing
Severance cash amount◇
Benefits continuation on change in control◇
Benefits continuation◇
Kerry Shiba
Senior Vice President and Chief Financial Officer, Treasurer, and Secretary · Terms as described in the company’s compensation discussion · citing a 2023 filing
Severance cash amount◇
Benefits continuation on change in control◇
Benefits continuation◇
Todd Kreter
Senior Vice President and Chief Technology Officer · Terms as described in the company’s compensation discussion · citing a 2023 filing
Severance cash amount◇
Benefits continuation on change in control◇
Benefits continuation◇
William Cousins
Senior Vice President and Chief Product Officer · Terms as described in the company’s compensation discussion · citing a 2023 filing
Severance cash amount◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2023
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Thomas L. Thomas
Board chair
◇◇————◇
Dennis W. Zank
◇◇————◇
Gerard M. Mooney
◇◇————◇
Laura L. Siegal
◇◇————◇
Gary Hall, Kimberly L. Valentine-Poska and J. Joseph Bergera served on the board in fiscal 2023 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2023
  • A10 Networks, Inc. ATEN
  • Agilysys, Inc. AGYS
  • American Software, Inc. symbol not shown
  • Applied Optoelectronics, Inc. AAOI
  • Aviat Networks, Inc. AVNW
  • Clearfield, Inc. CLFD
  • Digi International Inc. DGII
  • EMCORE Corporation EMKR
  • Indentiv, Inc. symbol not shown
  • Intevac, Inc. IVAC
  • Intricon Corporation symbol not shown
  • KVH Industries, Inc. KVHI
  • Luna Innovations Incorporated LUNA
  • Mitek Systems, Inc. MITK
  • Napco Security Technologies, Inc. NSSC
  • PCTEL, Inc. symbol not shown
  • PowerFleet, Inc. AIOT
  • RealNetworks, Inc. symbol not shown
  • Vishay Precision Group, Inc. VPG
  • Zix Corporation symbol not shown

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2023September 7, 2023=◇◇◇
2022September 8, 2022=◇◇◇
2021September 9, 2021=◇◇◇
2020September 10, 2020=◇◇◇
2019September 12, 2019=◇◇◇
2016December 15, 2016=◇◇◇
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What this page does not include

Everything above is a fact Iteris disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Iteris sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
191 figures on this page: 185 cited to the filing that reported them, 6 calculated from figures it prints.
185 cited to the filing
6 calculated from the filing

Documents cited

  1. 0001104659-23-099839
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001628280-23-026101
    2023 Director Compensation Table · Compensation Discussion and Analysis · Director Compensation · Grant of Plan-Based Awards Table · and 3 more sections
  3. 0001104659-22-099617
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001104659-21-115332
    Say-on-Pay Proposal
  5. 0001104659-20-104721
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001104659-19-050454
  7. 0001104659-16-163204
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Iteris executive compensation, FY2023.” https://intel.velarion.ai/comp/ITI (accessed 2026).
Short form: data: Velarion

The Iteris brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
7 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Iteris discloses

The companies named in ITI's own disclosed peer group.

A10 Networks, Inc.Agilysys, Inc.Applied Optoelectronics, Inc.Aviat Networks, Inc.Clearfield, Inc.Digi International Inc.EMCORE CorporationIntevac, Inc.KVH Industries, Inc.Mitek Systems, Inc.Napco Security Technologies, Inc.PowerFleet, Inc.Vishay Precision Group, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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