RestructuringJul 16, 2026, 04:17 PM
Veritone CEO Ryan Steelberg Halves Salary for Cost Reduction
AI Summary
Veritone, Inc. announced that its President, Chief Executive Officer, and Chairman of the Board, Ryan Steelberg, voluntarily reduced his annual salary by 50%. Effective July 14, 2026, his salary decreased from $665,000 to $332,500. This action was taken to support the company's ongoing cost reduction initiatives and the realignment of its business and operating cost structure.
Key Highlights
- Veritone CEO Ryan Steelberg voluntarily reduced his salary by 50%.
- His salary decreased from $665,000 to $332,500.
- The reduction supports the company's ongoing cost reduction initiatives.
- This is part of a realignment of the business and operating cost structure.
Price Impact
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