FARO Technologies, Inc.

NasdaqGS:FARO Stock Report

Market Cap: US$493.2m

FARO Technologies Management

Management criteria checks 1/4

FARO Technologies' CEO is Peter Lau, appointed in Jul 2023, has a tenure of 1.42 years. total yearly compensation is $6.28M, comprised of 4% salary and 96% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $525.43K. The average tenure of the management team and the board of directors is 0.9 years and 3.2 years respectively.

Key information

Peter Lau

Chief executive officer

US$6.3m

Total compensation

CEO salary percentage4.0%
CEO tenure1.4yrs
CEO ownership0.1%
Management average tenureless than a year
Board average tenure3.2yrs

Recent management updates

Recent updates

Improved Revenues Required Before FARO Technologies, Inc. (NASDAQ:FARO) Stock's 47% Jump Looks Justified

Nov 11
Improved Revenues Required Before FARO Technologies, Inc. (NASDAQ:FARO) Stock's 47% Jump Looks Justified

At US$17.42, Is FARO Technologies, Inc. (NASDAQ:FARO) Worth Looking At Closely?

Aug 26
At US$17.42, Is FARO Technologies, Inc. (NASDAQ:FARO) Worth Looking At Closely?

Health Check: How Prudently Does FARO Technologies (NASDAQ:FARO) Use Debt?

Jul 17
Health Check: How Prudently Does FARO Technologies (NASDAQ:FARO) Use Debt?

Lacklustre Performance Is Driving FARO Technologies, Inc.'s (NASDAQ:FARO) Low P/S

Dec 18
Lacklustre Performance Is Driving FARO Technologies, Inc.'s (NASDAQ:FARO) Low P/S

Is FARO Technologies (NASDAQ:FARO) Using Debt In A Risky Way?

Aug 04
Is FARO Technologies (NASDAQ:FARO) Using Debt In A Risky Way?

FARO Technologies acquires mobile scanning firm GeoSLAM in cash-and-stock deal

Sep 01

FARO Technologies Needs A Break

Jun 24

CEO Compensation Analysis

How has Peter Lau's remuneration changed compared to FARO Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$6m

Jun 30 2024n/an/a

-US$15m

Mar 31 2024n/an/a

-US$43m

Dec 31 2023US$6mUS$254k

-US$57m

Compensation vs Market: Peter's total compensation ($USD6.28M) is above average for companies of similar size in the US market ($USD2.22M).

Compensation vs Earnings: Insufficient data to compare Peter's compensation with company performance.

CEO

Peter Lau (44 yo)

1.4yrs

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

NamePositionTenureCompensationOwnership
Peter Lau
CEO, President & Director1.4yrsUS$6.28m0.11%
$ 525.4k
Matthew Horwath
Senior VP & CFOless than a yearno data0.079%
$ 389.7k
Jason Pollock
Chief Operating Officerno datano datano data
Oliver Zweigle
Senior VP of Engineering & CTO2.2yrsno datano data
David Wilson
Senior VP & General Counselless than a yearno datano data
Phillip Delnick
Senior Vice President of Global Salesless than a yearno datano data
Malvika Jhangiani
Senior VP & Chief Human Resources Officerless than a yearno datano data
Arianne Boyer
VP & Chief Transformation Officer2.2yrsno datano data
Shelley Gretlein
Senior Vice President of Building Insightsless than a yearno datano data
Roger Isern
Chief Digital Officerless than a yearno datano data

0.9yrs

Average Tenure

Experienced Management: FARO's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Peter Lau
CEO, President & Director1.4yrsUS$6.28m0.11%
$ 525.4k
Alexander Davern
Independent Director3.2yrsUS$253.95k0.57%
$ 2.8m
Jeroen van Rotterdam
Independent Director3.8yrsUS$235.01k0.15%
$ 737.4k
Yuval Wasserman
Independent Chairman of the Board7yrsUS$2.63m0.71%
$ 3.5m
John Donofrio
Independent Director16.9yrsUS$255.01k0.29%
$ 1.4m
Moonhie Chin
Independent Director3.2yrsUS$235.01k0.097%
$ 479.5k
Rajani Ramanathan
Independent Director2.4yrsUS$235.01k0.061%
$ 300.9k

3.2yrs

Average Tenure

59yo

Average Age

Experienced Board: FARO's board of directors are considered experienced (3.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 09:03
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

FARO Technologies, Inc. is covered by 16 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert MasonBaird
Andrew DeGasperiBerenberg
Robert BurlesonCanaccord Genuity