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    Ravi Venkatesan

    Chief Executive Officer (CEO) at Cantaloupe Inc
    Board
    Since October 1, 2022
    Age
    49 years
    Education
    Graduated from Bangalore University in 1997 with a degree in Electronics and completed a Post Graduate Program in Finance and Information Management from the Management Development Institute in 2000.
    Tenure
    Joined CTLP in December 2020 as Chief Technology Officer, promoted to Chief Operating Officer in February 2022, and assumed the role of Chief Executive Officer on October 1, 2022.

    Also at Cantaloupe Inc

    AN
    Anna Novoseletsky
    Chief Legal and Compliance Officer, General Counsel, and Corporate Secretary
    GS
    Gaurav Singal
    Chief Technology Officer
    JG
    Jared Grachek
    Chief Accounting Officer

    About

    Ravi Venkatesan is a seasoned executive with a strong foundation in technology and payments, having built his career through a series of leadership roles across multiple organizations.

    He began his career as a consulting leader before advancing through roles at Cbeyond, Inc. and Bakkt Holdings, Inc., where he honed his skills in innovation, technology strategy, and operational execution.

    At CTLP, he joined as Chief Technology Officer in December 2020, was promoted to Chief Operating Officer in February 2022, and ultimately became Chief Executive Officer on October 1, 2022, showcasing a clear trajectory of professional growth.

    His academic background, including a degree in Electronics and further studies in Finance and Information Management, underpins his analytical approach to leadership and strategic development at CTLP.

    $CTLP Performance Under Ravi Venkatesan

    Past Roles

    OrganizationRoleDate RangeDetails
    Cantaloupe, Inc. Chief Operating Officer (COO)February 2022 - October 1, 2022 Promoted to CEO
    Cantaloupe, Inc. Chief Technology Officer (CTO)December 2020 - February 2022 -
    Bakkt Holdings, Inc. Head of InnovationN/A Held role prior to joining CTLP
    Bridge2 Solutions, Inc. Chief Technology Officer & Chief Product OfficerN/A Held dual roles; preceded sale to ICE
    Cbeyond, Inc. Vice President of Information Technology Strategy and DeliveryN/A -
    Accenture LLP Consulting LeaderN/A -

    Fixed Compensation

    Data from  FY 2024
    Component NameAmount (USD)Payment ScheduleAdditional Details
    Salary$450,000 AnnualBase fixed salary
    Stock Awards$244,148 Grant Date AwardAwarded as part of equity incentive plans
    All Other Compensation$7,615 AnnualMatching 401(k) contributions

    Performance Compensation

    Data from  FY 2024

    Non-Equity Incentive Plan Compensation

    MetricValueDetails
    Threshold ($)$315,000 Minimum performance required
    Target ($)$450,000 Target bonus amount
    Maximum ($)$585,000 Upper cap on bonus payout
    Weight (Corporate Portion)100% Full corporate weighting applied
    Total Percentage Achieved (%)76.55% Actual performance level achieved
    Annual Bonus Earned ($)$344,475 Bonus payout for fiscal 2024

    Equity Incentive Plan Awards

    MetricValueDetails
    RSUs Granted32,904 RSUs Equity incentive award granted
    Vesting ScheduleThree equal installments Vesting on each anniversary of the grant date, subject to continued employment
    Grant DateAugust 4, 2023 Date of the equity award grant
    Grant Date Fair Value ($)$244,148 Fair value of the grant on the grant date