Posted: 12/18/2024 03:29 am
Verint's executive compensation strategy reveals a keen focus on retaining top-tier talent with performance-driven incentives. In 2024, Grant Highlander, the Chief Financial Officer, received a total compensation of $2,192,312. This package predominantly comprised a stock award valued at $1,546,440 and incentive plan compensation of $244,974, aligning executive rewards with company performance^1.
Looking back at prior years, Elan Moriah, President in 2021, was rewarded with a total compensation of $3,140,343. Similar to Highlander, Moriah's compensation emphasized stock awards, totaling $2,311,500, supplemented by an incentive plan worth $349,830^2.
In 2020, Peter Fante, the Chief Administrative Officer, received $2,656,074, with stock awards forming a major part of his compensation at $1,889,412. This pattern of compensation reflects Verint’s consistent emphasis on rewarding long-term contribution and commitment to corporate objectives^3. Fante's 2019 total earnings amounted to $2,032,400, exhibiting slight variation given the stock award component of $1,257,000 and $315,869 attributed to incentive plans^4.
Verint's focus on stock awards underscores the company's strategy to align management interests with shareholder value appreciation. This approach not only incentivizes executives to enhance company performance but also reinforces a culture of sustained growth and innovation, crucial in an industry marked by rapid technological advancements.
As Verint continues its corporate journey, the financial strategies and executive compensations remain pivotal in navigating the dynamic landscape of integrated systems design, fostering an environment conducive to strategic growth and enhanced shareholder value.
:
1. [Grant Highlander's 2024 Compensation](https://www.sec.gov/Archives/edgar/data/1166388/000116638824000080/0001166388-24-000080-index.htm)
2. [Elan Moriah's 2021 Compensation](https://www.sec.gov/Archives/edgar/data/1166388/000116638823000080/0001166388-23-000080-index.htm)
3. [Peter Fante's 2020 Compensation](https://www.sec.gov/Archives/edgar/data/1166388/000116638822000078/0001166388-22-000078-index.htm)
4. [Peter Fante's 2019 Compensation](https://www.sec.gov/Archives/edgar/data/1166388/000116638821000073/0001166388-21-000073-index.htm)
