Ravi Venkatesan

Chief Executive Officer (CEO) at CANTALOUPE

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

Anna Novoseletsky

Chief Legal and Compliance Officer, General Counsel, and Corporate Secretary

Gaurav Singal

Chief Technology Officer

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

Organization	Role	Date Range	Details
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 Innovation	N/A	Held role prior to joining CTLP
Bridge2 Solutions, Inc.	Chief Technology Officer & Chief Product Officer	N/A	Held dual roles; preceded sale to ICE
Cbeyond, Inc.	Vice President of Information Technology Strategy and Delivery	N/A	-
Accenture LLP	Consulting Leader	N/A	-

Fixed Compensation

Data from FY 2024

Component Name	Amount (USD)	Payment Schedule	Additional Details
Salary	$450,000	Annual	Base fixed salary
Stock Awards	$244,148	Grant Date Award	Awarded as part of equity incentive plans
All Other Compensation	$7,615	Annual	Matching 401(k) contributions

Performance Compensation

Data from FY 2024

Non-Equity Incentive Plan Compensation

Metric	Value	Details
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

Metric	Value	Details
RSUs Granted	32,904 RSUs	Equity incentive award granted
Vesting Schedule	Three equal installments	Vesting on each anniversary of the grant date, subject to continued employment
Grant Date	August 4, 2023	Date of the equity award grant
Grant Date Fair Value ($)	$244,148	Fair value of the grant on the grant date