Maximus Management

Management criteria checks 3/4

Maximus' CEO is Bruce Caswell, appointed in Oct 2014, has a tenure of 9.92 years. total yearly compensation is $7.35M, comprised of 11.6% salary and 88.4% bonuses, including company stock and options. directly owns 0.41% of the company’s shares, worth €20.41M. The average tenure of the management team and the board of directors is 2.7 years and 7.1 years respectively.

Key information

Bruce Caswell

Chief executive officer

US$7.3m

Total compensation

CEO salary percentage	11.6%
CEO tenure	9.9yrs
CEO ownership	0.4%
Management average tenure	2.7yrs
Board average tenure	7.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bruce Caswell's remuneration changed compared to Maximus's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$294m
Mar 31 2024	n/a	n/a	US$235m
Dec 31 2023	n/a	n/a	US$186m
Sep 30 2023	US$7m	US$850k	US$162m
Jun 30 2023	n/a	n/a	US$172m
Mar 31 2023	n/a	n/a	US$172m
Dec 31 2022	n/a	n/a	US$190m
Sep 30 2022	US$6m	US$823k	US$204m
Jun 30 2022	n/a	n/a	US$187m
Mar 31 2022	n/a	n/a	US$250m
Dec 31 2021	n/a	n/a	US$280m
Sep 30 2021	US$8m	US$754k	US$291m
Jun 30 2021	n/a	n/a	US$303m
Mar 31 2021	n/a	n/a	US$273m
Dec 31 2020	n/a	n/a	US$220m
Sep 30 2020	US$6m	US$743k	US$215m
Jun 30 2020	n/a	n/a	US$211m
Mar 31 2020	n/a	n/a	US$209m
Dec 31 2019	n/a	n/a	US$244m
Sep 30 2019	US$5m	US$719k	US$241m
Jun 30 2019	n/a	n/a	US$227m
Mar 31 2019	n/a	n/a	US$224m
Dec 31 2018	n/a	n/a	US$218m
Sep 30 2018	US$3m	US$668k	US$221m
Jun 30 2018	n/a	n/a	US$228m
Mar 31 2018	n/a	n/a	US$225m
Dec 31 2017	n/a	n/a	US$222m
Sep 30 2017	US$4m	US$615k	US$209m

Compensation vs Market: Bruce's total compensation ($USD7.35M) is above average for companies of similar size in the German market ($USD3.41M).

Compensation vs Earnings: Bruce's compensation has been consistent with company performance over the past year.

CEO

Bruce Caswell (57 yo)

9.9yrs

Tenure

US$7,349,940

Compensation

Mr. Bruce L. Caswell has been Chief Executive Officer and Director of MAXIMUS, Inc. since April 1, 2018. Mr. Caswell has been the President at MAXIMUS Inc. since October 1, 2014 and served as its General M...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Bruce Caswell	President	9.9yrs	US$7.35m	0.41% $ 20.4m
David Mutryn	CFO & Treasurer	2.8yrs	US$2.10m	0.0085% $ 425.2k
Ilene Baylinson	General Manager of Health Services U.S.	no data	US$1.69m	0.016% $ 806.4k
Theresa Golinvaux	Principal Accounting Officer	4.7yrs	no data	0.0046% $ 231.3k
Mike Raker	Chief Technology Officer	no data	no data	no data
Derrick Pledger	Chief Digital & Information Officer (CDIO)	less than a year	no data	no data
Julia Bailey	Senior Vice President of Global Ethics & Compliance	2.7yrs	no data	no data
John Martinez	General Counsel	less than a year	no data	no data
Eileen Rivera	Vice President of Communications & Public Relations	2.7yrs	no data	no data
Jericho Seguin	Senior Vice President of Corporate Development & Strategic Planning	8.7yrs	no data	no data
Michelle Link	Chief Human Resources Officer	4.5yrs	US$1.52m	0.0083% $ 413.7k
David Casey	Senior Vice President of Government Relations & Business Development	no data	no data	no data

2.7yrs

Average Tenure

51yo

Average Age

Experienced Management: MMY's management team is considered experienced (2.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Bruce Caswell	President	6.4yrs	US$7.35m	0.41% $ 20.4m
Raymond Ruddy	Independent Director	20.1yrs	US$360.00k	0.18% $ 9.1m
Richard Montoni	Independent Vice Chairman	18.4yrs	US$335.00k	0.12% $ 5.8m
John Haley	Independent Chairman	4.5yrs	US$468.00k	0.18% $ 9.1m
Michael Warren	Independent Director	5.5yrs	US$300.00k	0.0068% $ 337.7k
Jan Madsen	Independent Director	4.5yrs	US$300.00k	0% $ 0
Anne Altman	Independent Vice Chair of the Board	7.8yrs	US$368.00k	0.039% $ 2.0m
Gayathri Rajan	Independent Director	7.8yrs	US$300.00k	0.030% $ 1.5m

7.1yrs

Average Tenure

62.5yo

Average Age

Experienced Board: MMY's board of directors are considered experienced (7.1 years average tenure).

Maximus Management

Management criteria checks 3/4

Key information

Recent management updates

Maximus, Inc. Appoints Mike Raker as Chief Technology Officer

Maximus, Inc. Appoints Derrick Pledger as Chief Digital and Information Officer

Maximus, Inc., Annual General Meeting, Mar 12, 2024

Maximus Announces Executive Appointments

General Manager of Health Services U.S. recently sold €796k worth of stock

President recently sold €1.5m worth of stock

Recent updates

Maximus, Inc. Appoints Mike Raker as Chief Technology Officer

Third quarter 2024 earnings released: EPS: US$1.47 (vs US$0.51 in 3Q 2023)

Upcoming dividend of US$0.30 per share

Maximus, Inc. Revises Earnings Guidance for the Full Year 2024

Second quarter dividend of US$0.30 announced

Maximus, Inc. Declares Quarterly Cash Dividend Payable on August 31, 2024

Maximus, Inc. to Report Q3, 2024 Results on Aug 07, 2024

Maximus, Inc. Revises Revenue Guidance for the Fiscal Year 2024

Upcoming dividend of US$0.30 per share

Second quarter 2024 earnings released: EPS: US$1.31 (vs US$0.52 in 2Q 2023)

First quarter dividend of US$0.30 announced

Maximus, Inc. to Report Q2, 2024 Results on May 08, 2024

Maximus Launches Total Experience Management (TXM) Solution to Transform the Customer Experience of Federal Agencies

Maximus, Inc. Approves Quarterly Cash Dividend, Payable on May 31, 2024

First quarter 2024 earnings released: EPS: US$1.05 (vs US$0.65 in 1Q 2023)

Upcoming dividend of US$0.30 per share at 1.5% yield

Maximus, Inc. Appoints Derrick Pledger as Chief Digital and Information Officer

Maximus, Inc., Annual General Meeting, Mar 12, 2024

Maximus Announces Executive Appointments

Maximus, Inc. Declares Quarterly Cash Dividend, Payable on February 29, 2024

Maximus, Inc. to Report Q1, 2024 Final Results on Feb 07, 2024

General Manager of Health Services U.S. recently sold €796k worth of stock

Maximus, Inc. Declares Increases in Quarterly Cash Dividend, Payable on November 30, 2023

Full year 2023 earnings released: EPS: US$2.65 (vs US$3.30 in FY 2022)

Upcoming dividend of US$0.30 per share at 1.6% yield

Maximus, Inc. to Report Q4, 2023 Results on Nov 15, 2023

President recently sold €1.5m worth of stock

Now 21% undervalued after recent price drop

Maximus, Inc. Announces Executive Changes

Upcoming dividend of US$0.28 per share at 1.4% yield

Maximus, Inc. Provides Earnings Guidance for the Fiscal Year 2023

Third quarter 2023 earnings released: EPS: US$0.51 (vs US$0.51 in 3Q 2022)

Maximus, Inc. to Report Q3, 2023 Results on Aug 02, 2023

Maximus, Inc.(NYSE:MMS) dropped from Russell Small Cap Comp Value Index

Upcoming dividend of US$0.28 per share at 1.4% yield

Maximus, Inc. Reaffirms Earnings Guidance for the Fiscal Year 2023

Second quarter 2023 earnings released: EPS: US$0.52 (vs US$0.81 in 2Q 2022)

Insufficient new directors

General Manager of Health Services U.S. recently sold €740k worth of stock

Maximus Names Elisabeth Schmidt as Senior Vice President for Technology and Consulting Services

First quarter 2023 earnings released: EPS: US$0.65 (vs US$0.86 in 1Q 2022)

Maximus, Inc. Raises Earnings Guidance for the Fiscal Year 2023

Upcoming dividend of US$0.28 per share at 1.5% yield

Maximus, Inc., Annual General Meeting, Mar 14, 2023

Maximus Declares Quarterly Cash Dividend, Payable on February 28, 2023

Maximus, Inc. to Report Q1, 2023 Results on Feb 08, 2023

Maximus Appoints Joe Jeter as Senior Vice President of Federal Technology

Full year 2022 earnings released: EPS: US$3.30 (vs US$4.69 in FY 2021)

Maximus, Inc. Provides Earnings Guidance for the Fiscal Year 2023

Maximus, Inc Names Sonny Landry as Principal for Change Management for Company’s Technology and Consulting Services Line of Business

Upcoming dividend of US$0.28 per share

Maximus Names Juliane Swatt as Senior Vice President for Business Development, Market Strategy, and Growth

Maximus, Inc. to Report Q4, 2022 Results on Nov 21, 2022

Maximus Names Christian Gingras as Managing Director for Maximus Canada

Maximus, Inc. Declares Quarterly Cash Dividend, Payable on November 30, 2022

Key Executive recently sold €188k worth of stock

Upcoming dividend of US$0.28 per share

Third quarter 2022 earnings released: EPS: US$0.51 (vs US$1.52 in 3Q 2021)

Maximus, Inc. Provides Earnings Guidance for the Year 2022

Maximus, Inc. to Report Q3, 2022 Results on Aug 03, 2022

Maximus, Inc. Declares Quarterly Cash Dividend, Payable on August 31, 2022

Maximus Names Robert Knapp as Senior Vice President of Digital Government Solutions

Independent Director recently bought €961k worth of stock

Second quarter 2022 earnings released: EPS: US$0.81 (vs US$1.30 in 2Q 2021)

Upcoming dividend of US$0.28 per share

Maximus, Inc. Reaffirms Earnings Guidance for the Year 2022

Maximus, Inc. to Report Q2, 2022 Results on May 04, 2022

Maximus Declares Quarterly Cash Dividend, Payable on May 31, 2022

Upcoming dividend of US$0.28 per share