Veritone, Inc. announced that its President, CEO, and Chairman, Ryan Steelberg, has voluntarily reduced his annual salary by 50%. This measure is intended to support the company's ongoing cost reduction initiatives as it realigns its business and operating structure.
Key Details
- Salary Reduction: The CEO's annual salary was reduced by 50%, from $665,000 to $332,500.
- Corporate Rationale: The action supports the company's ongoing cost-cutting efforts and realignment of its business and operating cost structure.
- Effective Date: The salary reduction was effective as of July 14, 2026.