FARO Technologies Management
Management criteria checks 1/4
FARO Technologies' CEO is Peter Lau, appointed in Jul 2023, has a tenure of 1.25 years. total yearly compensation is $6.28M, comprised of 4% salary and 96% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth €348.01K. The average tenure of the management team and the board of directors is 0.8 years and 3 years respectively.
Key information
Peter Lau
Chief executive officer
US$6.3m
Total compensation
| CEO salary percentage | 4.0% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | less than a year |
| Board average tenure | 3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$15m |
| Mar 31 2024 | n/a | n/a | -US$43m |
| Dec 31 2023 | US$6m | US$254k | -US$57m |
Compensation vs Market: Peter's total compensation ($USD6.28M) is above average for companies of similar size in the German market ($USD1.30M).
Compensation vs Earnings: Insufficient data to compare Peter's compensation with company performance.
CEO
Peter Lau (44 yo)
1.3yrs
Tenure
US$6,278,891
Compensation
Mr. Peter James Lau serves as Chief Executive Officer, President & Director at FARO Technologies, Inc. since July 24, 2023. He serves as Chief Executive Officer at Catalyst Nutraceuticals, LLC since 2023 a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.3yrs | US$6.28m | 0.10% $ 348.0k | |
| Senior VP & CFO | less than a year | no data | 0.080% $ 269.2k | |
| Chief Operating Officer | no data | no data | no data | |
| Senior VP of Engineering & CTO | 2yrs | no data | no data | |
| Senior VP & General Counsel | less than a year | no data | no data | |
| Senior VP & Chief Human Resources Officer | less than a year | no data | no data | |
| VP & Chief Transformation Officer | 2yrs | no data | no data | |
| Senior Vice President of Building Insights | less than a year | no data | no data | |
| Chief Digital Officer | less than a year | no data | no data |
0.8yrs
Average Tenure
Experienced Management: FT1's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.3yrs | US$6.28m | 0.10% $ 348.0k | |
| Independent Director | 3yrs | US$253.95k | 0.55% $ 1.8m | |
| Independent Director | 3.6yrs | US$235.01k | 0.15% $ 488.4k | |
| Independent Chairman of the Board | 6.8yrs | US$2.63m | 0.59% $ 2.0m | |
| Independent Director | 16.8yrs | US$255.01k | 0.28% $ 931.3k | |
| Independent Director | 3yrs | US$235.01k | 0.087% $ 292.8k | |
| Independent Director | 2.3yrs | US$235.01k | 0.059% $ 199.3k |
3.0yrs
Average Tenure
59yo
Average Age
Experienced Board: FT1's board of directors are considered experienced (3 years average tenure).