MITK · Mitek Systems Inc · Executive Compensation

$18.64 +0.78 (+4.37%) At close · Oct 23

Russell 2000 member Rebalance outlook locked

Market Cap

$841.08M

45.12M

Volume · Oct 23 554.14K Avg daily vol (3M) 655.32K

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Edward H. West	Chief Executive Officer	$500,000	$250,000	$7,902,361	—	$761,500	$196	$9,414,057
Edward West	CEO	$500,000	$250,000	$7,902,361	—	$761,500	$196	$9,414,057
Garrett Gafke	Chief Operating Officer	$183,622	$187,500	$3,999,990	—	$213,601	—	$4,584,713
David Lyle	Chief Financial Officer	$425,000	—	$1,199,997	—	$420,729	$196	$2,045,922
Michael E. Diamond	Senior Vice President, Digital Banking	$375,000	—	$999,988	—	$280,688	$10,546	$1,666,222
Jason L. Gray	Chief Legal Officer, Chief Compliance Officer and Corporate Secretary	$400,000	—	$849,991	—	$365,520	$11,296	$1,626,807

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jason Gray	Chief Legal Officer, Chief Compliance Officer and Corporate Secretary	$495,000	—	$1,732,802	—	$148,800	$1,170	$2,377,772
David Lyle	Chief Financial Officer	$317,140	—	$1,759,892	—	$128,456	$878	$2,206,366
Jason L. Gray	Chief Legal Officer, Chief Compliance Officer and Corporate Secretary	$495,000	—	$1,488,950	—	$148,800	$1,170	$2,133,920
Michael E. Diamond	Senior Vice President, Deposit Solutions	$368,750	—	$933,423	—	$132,375	$1,915	$1,436,463
Scott Carter	Interim Chief Executive Officer and Executive Chair of the Board	$507,499	—	$828,086	—	—	$585	$1,336,170
Christopher Briggs	Chief Product Officer	$332,500	—	$758,403	—	$103,850	$1,920	$1,196,673
Fuad Ahmad	Former Interim Chief Financial Officer	$1,016,288	—	—	—	—	—	$1,016,288

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Scipio Maximus Carnecchia	Former Chief Executive Officer	$468,750	—	$2,295,513	—	$449,531	$863	$3,214,657
Scott Carter	Interim Chief Executive Officer and Executive Chair of the Board	$536,250	—	$1,000,002	—	—	$553	$1,536,805
Fuad Ahmad	Former Interim Chief Financial Officer	$1,156,383	—	—	—	—	—	$1,156,383
Michael E. Diamond	Senior Vice President, Deposit Solutions	$341,037	—	$573,886	—	$195,326	$863	$1,111,112
Christopher Briggs	Chief Product Officer	$324,880	—	$573,886	—	$128,156	$1,613	$1,028,535

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Scipio Maximus Carnecchia	Former Chief Executive Officer	$450,000	—	$4,701,320	—	$459,000	$720	$5,611,040
Scott Marcus	Former General Counsel & Secretary	$193,182	—	$1,266,674	—	$98,838	$420	$1,559,114
Michael E. Diamond	Senior Vice President, Deposit Solutions	$311,862	—	$822,742	—	$169,641	$1,590	$1,305,835
Stephen J. Ritter	Former Chief Technology Officer	$306,753	—	$705,210	—	$189,108	$720	$1,201,791
Frank Teruel	Former Chief Financial Officer	$360,000	—	$193,946	—	$183,600	$1,470	$739,016

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Scipio Maximus Carnecchia	Former Chief Executive Officer	$450,000	—	$2,283,961	—	$724,500	$2,580	$3,461,041
Frank Teruel	Former Chief Financial Officer	$73,636	$60,915	$1,200,012	—	—	$231	$1,334,794
Jason L. Gray	Chief Legal Officer	$317,500	—	$362,582	—	$255,826	$2,580	$938,488
Stephen J. Ritter	Former Chief Technology Officer	$298,119	—	$342,596	—	$290,082	$1,080	$931,877
Michael E. Diamond	Senior Vice President, General Manager — Digital Banking	$302,750	—	$399,698	—	$173,316	$1,080	$876,844
Jeffrey C. Davison	Former Chief Financial Officer	$257,625	—	—	—	$154,575	$375,048	$787,248

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Scipio Maximus Carnecchia	Chief Executive Officer	$450,000	—	$376,307	—	$514,980	$2,187	$1,343,474
Jeffrey C. Davison	Former Chief Financial Officer	$343,500	—	$306,707	—	$235,049	$8,009	$893,265
Michael E. Diamond	General Manager	$296,000	—	$394,340	—	$176,188	$3,413	$869,941
Jason L. Gray	Chief Legal Officer	$317,500	—	$284,807	—	$181,048	$1,801	$785,156
Stephen J. Ritter	Former Chief Technology Officer	$292,438	—	$219,086	—	$200,108	$1,645	$713,277
Chief Technology	Officer	$292,438	—	$219,086	—	$200,108	$1,645	$713,277

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Scipio Maximus Carnecchia	Chief Executive Officer	$407,386	—	$900,011	$3,340,106	$330,000	$2,910	$4,980,413
Scipio Maximus	CEO	$407,386	—	$900,011	$3,340,106	$330,000	$2,910	$4,980,413
James B. DeBello	Former President & CEO	$172,773	—	—	—	—	$986,239	$1,159,012
Michael E. Diamond	General Manager	$288,565	—	$300,001	$300,002	$145,437	$2,314	$1,036,319
Jason L. Gray	Chief Legal Officer	$310,000	—	$387,505	$150,001	$147,250	$3,541	$998,297
Jeffrey C. Davison	Former Chief Financial Officer	$335,000	—	$200,004	$200,000	$201,000	$3,906	$939,910
Chief Technology	Officer	$292,438	—	$150,005	$150,001	$163,180	$1,132	$756,756
Stephen J. Ritter	Chief Technology Officer	$292,438	—	$150,005	$150,001	$163,180	$1,132	$756,756
Bruce Hansen	Former Principal Executive Officer	$65,768	—	$125,002	—	—	—	$190,770

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James B. DeBello	Former President & CEO	$468,000	—	$450,004	$450,004	$378,706	$5,008	$1,751,722
Chief Technology	Officer	$283,920	—	$300,002	$300,003	$172,311	$1,094	$1,057,330
Stephen J. Ritter	Chief Technology Officer	$283,920	—	$300,002	$300,003	$172,311	$1,094	$1,057,330
Bruce Hansen	Former Principal Executive Officer	$110,080	—	$725,008	—	—	—	$835,088
Michael E. Diamond	General Manager	$280,160	—	$150,001	$150,004	$141,691	$1,374	$723,230
Jason L. Gray	Chief Legal Officer	$278,720	—	$150,001	$150,004	$112,770	$1,084	$692,579
Jeffrey C. Davison	Chief Financial Officer	$304,000	—	$66,667	$66,669	$184,498	$4,542	$626,376

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James B. DeBello	Former President & CEO	$450,000	—	$1,660,752	—	$360,000	$421	$2,471,173
Jeffrey C. Davison	Chief Financial Officer	$84,092	$48,808	$2,040,302	—	—	$50,106	$2,223,308
Stephen J. Ritter	Chief Technology Officer	$272,950	—	$1,107,168	—	$109,180	$383	$1,489,681
Chief Technology	Officer	$272,950	—	$1,107,168	—	$109,180	$383	$1,489,681
Michael E. Diamond	General Manager	$206,000	—	$569,726	—	$206,000	$289	$982,015
Jason L. Gray	Chief Legal Officer	$267,800	—	$284,863	—	$107,120	$907	$660,690

Executive changes

Person	Role	Change	Effective	Filed
Michael E. Diamond	Senior Vice President of Sales, Check Verification	Terminated	2026-12-08	2026-10-09
Eric Bell	Chief Accounting Officer	Appointed	2026-02-05	2026-02-05
Christopher Briggs	Chief Product Officer	Resigned	2025-09-19	2025-09-16
Garret Gafke	Chief Operating Officer	Appointed	2025-04-25	2025-04-28
James (J.D.) Fay	member of the Board	Appointed	2024-10-21	2024-10-22
Scott Carter	non-executive chairman of the Board	Appointed	2024-10-01	2024-10-02
Edward H. West	member of the Company's Board of Directors	Appointed	2024-10-01	2024-10-02
Edward H. West	Chief Executive Officer	Appointed	2024-10-01	2024-10-02
Scipio "Max" Carnecchia	Chief Executive Officer	Terminated	2024-05-31	2024-06-11
Scipio "Max" Carnecchia	member of the Board of Directors	Resigned	2024-06-09	2024-06-11
Kim Stevenson	Lead Independent Director	Appointed	2024-06-01	2024-05-13
Scott Carter	Interim Chief Executive Officer	Appointed	2024-06-01	2024-05-13
Scipio "Max" Carnecchia	Chief Executive Officer	Terminated	2024-05-31	2024-05-13
David Lyle	Chief Financial Officer	Appointed	2024-01-02	2023-12-19
Scott Carter	Executive Chair of the Board of Directors	Resigned	2023-12-01	2023-10-26
Donna C. Wells	director	Appointed	2023-10-02	2023-10-03
Kim S. Stevenson	director	Appointed	2023-10-02	2023-10-03
Susan J. Repo	director	Appointed	2023-10-02	2023-10-03
James C. Hale	director	Appointed	2023-10-02	2023-10-03
Rahul Gupta	director	Appointed	2023-10-02	2023-10-03
Scott R. Carter	director	Appointed	2023-10-02	2023-10-03
Scipio "Max" Carnecchia	director	Appointed	2023-10-02	2023-10-03
Stephen Ritter	Chief Technology Officer	Resigned	2023-04-25	2023-04-28
Kim Stevenson	Lead Independent Director	Appointed	2023-01-24	2023-01-30
Scott Carter	Executive Chair of the Company	Appointed	2023-01-24	2023-01-30

Leadership

Edward H. West CEO, Board Member
Edward West CEO, Board Member
James B. DeBello CEO
Scipio Maximus CEO
Scipio Maximus Carnecchia CEO
Bruce Hansen Chairman
Scott Carter Chairman
David Lyle CFO
Garret Gafke COO
Garrett Gafke COO
Stephen J. Ritter CTO
Scott Marcus General Counsel
Eric Bell Chief Accounting Officer
Fuad Ahmad Chief Accounting Officer
James (J.D.) Fay Board Member
James C. Hale Board Member
Kim S. Stevenson Board Member
Kim Stevenson Board Member
Scipio "Max" Carnecchia Board Member
Scott R. Carter Board Member
Susan Repo Board Member

Key facts CIK 807863 CUSIP 606710200 13F (30d) 30 filings 30 filers Visit website Investor relations