Jack Henry & Associates Management

Management criteria checks 3/4

Jack Henry & Associates' CEO is Dave Foss, appointed in Jul 2016, has a tenure of 7.75 years. total yearly compensation is $10.44M, comprised of 8.2% salary and 91.8% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth €20.70M. The average tenure of the management team and the board of directors is 5.9 years and 10.4 years respectively.

Key information

Dave Foss

Chief executive officer

US$10.4m

Total compensation

CEO salary percentage	8.2%
CEO tenure	7.8yrs
CEO ownership	0.2%
Management average tenure	5.9yrs
Board average tenure	10.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dave Foss's remuneration changed compared to Jack Henry & Associates's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$373m
Sep 30 2023	n/a	n/a	US$362m
Jun 30 2023	US$10m	US$859k	US$367m
Mar 31 2023	n/a	n/a	US$349m
Dec 31 2022	n/a	n/a	US$352m
Sep 30 2022	n/a	n/a	US$367m
Jun 30 2022	US$10m	US$840k	US$363m
Mar 31 2022	n/a	n/a	US$359m
Dec 31 2021	n/a	n/a	US$346m
Sep 30 2021	n/a	n/a	US$322m
Jun 30 2021	US$9m	US$840k	US$311m
Mar 31 2021	n/a	n/a	US$296m
Dec 31 2020	n/a	n/a	US$298m
Sep 30 2020	n/a	n/a	US$299m
Jun 30 2020	US$11m	US$830k	US$297m
Mar 31 2020	n/a	n/a	US$296m
Dec 31 2019	n/a	n/a	US$282m
Sep 30 2019	n/a	n/a	US$278m
Jun 30 2019	US$5m	US$775k	US$272m
Mar 31 2019	n/a	n/a	US$279m
Dec 31 2018	n/a	n/a	US$289m
Sep 30 2018	n/a	n/a	US$382m
Jun 30 2018	US$4m	US$675k	US$365m
Mar 31 2018	n/a	n/a	US$362m
Dec 31 2017	n/a	n/a	US$353m
Sep 30 2017	n/a	n/a	US$250m
Jun 30 2017	US$4m	US$600k	US$230m

Compensation vs Market: Dave's total compensation ($USD10.44M) is above average for companies of similar size in the German market ($USD5.66M).

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

CEO

Dave Foss (61 yo)

7.8yrs

Tenure

US$10,439,026

Compensation

Mr. David B. Foss, also known as Dave, serves as Chief Executive Officer of Jack Henry & Associates, Inc. since July 1, 2016 and served as its President since July 1, 2014 until January 25, 2022. He joined...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Foss	Chairman of the Board & CEO	7.8yrs	US$10.44m	0.18% $ 20.7m
Gregory Adelson	President & COO	4.4yrs	US$2.45m	0.011% $ 1.3m
Mimi Carsley	CFO & Treasurer	1.6yrs	US$2.31m	0.0019% $ 217.4k
Craig Morgan	General Counsel & Secretary	7.4yrs	US$1.71m	0.015% $ 1.7m
Stacey Zengel	Senior VP & President of Jack Henry Bank Solutions	9.1yrs	US$923.27k	0.0076% $ 855.0k
Renee Swearingen	Senior VP	17.9yrs	no data	0.018% $ 2.1m
Benjamin Metz	VP and Chief Digital & Technology Officer	2.3yrs	no data	no data
Rob Zelinka	VP & Chief Information Officer	no data	no data	no data
Vance Sherard	Vice President of Investor Relations	no data	no data	no data
Michael Carnovali	Chief Compliance Officer	no data	no data	no data
Mark Folk	Senior Manager of Corporate Communications	no data	no data	no data
Brian Otte	VP and Chief Sales & Marketing Officer	2.1yrs	no data	no data

5.9yrs

Average Tenure

56.5yo

Average Age

Experienced Management: JHY's management team is seasoned and experienced (5.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Foss	Chairman of the Board & CEO	6.8yrs	US$10.44m	0.18% $ 20.7m
Thomas Wimsett	Independent Director	11.8yrs	US$287.02k	0.052% $ 5.8m
Tom Wilson	Independent Director	12.3yrs	US$290.02k	0.020% $ 2.2m
Wesley Brown	Independent Director	8.4yrs	US$271.02k	0.13% $ 14.1m
Matthew Flanigan	Independent Vice Chairman & Lead Director	17.3yrs	US$317.52k	0.060% $ 6.8m
Jacqueline Fiegel	Independent Director	11.8yrs	US$258.02k	0.028% $ 3.1m
Shruti Miyashiro	Independent Director	9.1yrs	US$285.40k	0.015% $ 1.7m
Curtis Campbell	Independent Director	2.8yrs	US$258.02k	0.0020% $ 226.4k

10.4yrs

Average Tenure

61yo

Average Age

Experienced Board: JHY's board of directors are seasoned and experienced ( 10.4 years average tenure).

Jack Henry & Associates Management

Management criteria checks 3/4

Key information

Recent management updates

Jack Henry & Associates Inc Appoints Shanon Mclachlan as Chief Operating Officer Effective July 1, 2024

Jack Henry & Associates, Inc. Announces Executive Changes

Jack Henry & Associates, Inc. Announces Management Changes

Jack Henry & Associates Announces the Retirement of Stacey Zengel, President of Bank Solutions

Jack Henry & Associates Announces the Retirement of Stacey Zengel, President of Bank Solutions

Jack Henry & Associates, Inc., Annual General Meeting, Nov 14, 2023

Recent updates

Jack Henry & Associates, Inc. to Report Q3, 2024 Results on May 07, 2024

Jack Henry & Associates Inc Appoints Shanon Mclachlan as Chief Operating Officer Effective July 1, 2024

Upcoming dividend of US$0.55 per share

Second quarter dividend of US$0.55 announced

Jack Henry & Associates Increases the Quarterly Dividend on Its Common Stock,Payable on March 26, 2024

Second quarter 2024 earnings released: EPS: US$1.26 (vs US$1.11 in 2Q 2023)

Jack Henry & Associates, Inc. Updates Earnings Guidance for the Fiscal Year 2024

Jack Henry & Associates, Inc. to Report Q2, 2024 Results on Feb 06, 2024

Jack Henry & Associates, Inc. Announces Executive Changes

Jack Henry & Associates, Inc. Announces Management Changes

Jack Henry & Associates Announces the Retirement of Stacey Zengel, President of Bank Solutions

Jack Henry & Associates Announces the Retirement of Stacey Zengel, President of Bank Solutions

Upcoming dividend of US$0.52 per share at 1.4% yield

Jack Henry & Associates, Inc. Announces Regular Quarterly Dividend, Payable on December 22, 2023

First quarter 2024 earnings released: EPS: US$1.39 (vs US$1.46 in 1Q 2023)

Jack Henry & Associates, Inc. Provides Earnings Guidance for the Fiscal Year Ending June 30, 2024

Jack Henry & Associates, Inc. to Report Q1, 2024 Results on Nov 07, 2023

Jack Henry & Associates, Inc., Annual General Meeting, Nov 14, 2023

Upcoming dividend of US$0.52 per share at 1.3% yield

Jack Henry & Associates, Inc. Provides Earnings Guidance for the Full Fiscal Year 2024

Full year 2023 earnings released: EPS: US$5.02 (vs US$4.95 in FY 2022)

Jack Henry & Associates, Inc. to Report Q4, 2023 Results on Aug 15, 2023

Jack Henry & Associates, Inc. Launches Real-Time Payments Fraud Feature

Independent Director recently bought €271k worth of stock

Jack Henry & Associates, Inc. Announces Regular Quarterly Dividend, Payable on June 15, 2023

Jack Henry & Associates, Inc. Provides Earnings Guidance for the Full Year Fiscal 2023

Third quarter 2023 earnings released: EPS: US$1.12 (vs US$1.16 in 3Q 2022)

Independent Director recently bought €136k worth of stock

Upcoming dividend of US$0.52 per share at 1.3% yield

Jack Henry & Associates, Inc. Increases Quarterly Dividend, Payable on March 24, 2023

Second quarter 2023 earnings released: EPS: US$1.10 (vs US$1.30 in 2Q 2022)

Jack Henry & Associates, Inc. Provides Earnings Guidance for the Year 2023

Jack Henry & Associates, Inc. to Report Q2, 2023 Results on Feb 07, 2023

Jack Henry Adds New Policy Management Solution to Governance, Risk, and Compliance Suite

Chairman of the Board & CEO recently sold €2.9m worth of stock

Upcoming dividend of US$0.49 per share

Jack Henry & Associates, Inc. Declares Regular Quarterly Cash Dividend, Payable on December 22, 2022

Insufficient new directors

First quarter 2023 earnings released: EPS: US$1.46 (vs US$1.38 in 1Q 2022)

Jack Henry & Associates, Inc. Provides Earnings Guidance for the Fiscal Year 2023

Jack Henry & Associates, Inc. to Report Q1, 2023 Results on Nov 08, 2022

Jack Henry™ Launches Standalone, Real-Time Person-To-Person (P2p) Payments

Jack Henry & Associates, Inc., Annual General Meeting, Nov 15, 2022

Jack Henry & Associates, Inc. (NasdaqGS:JKHY) completed the acquisition of Payrailz, LLC.

Upcoming dividend of US$0.49 per share

Jack Henry Announces Plan for New Financial Crimes Platform

Jack Henry & Associates, Inc. Declares Regular Quarterly Cash Dividend, Payable on September 29, 2022

Full year 2022 earnings released: EPS: US$4.94 (vs US$4.12 in FY 2021)

Jack Henry & Associates, Inc. Provides Earnings Guidance for the Fiscal Year 2023

Jack Henry & Associates, Inc. (NasdaqGS:JKHY) entered into a definitive agreement to acquire Payrailz, LLC.

Jack Henry & Associates, Inc. (NasdaqGS:JKHY) entered into a definitive agreement to acquire Payrailz, LLC.

Jack Henry & Associates, Inc. Announces Treasurer Changes, Effective September 1, 2022

Jack Henry & Associates, Inc. to Report Q4, 2022 Results on Aug 16, 2022

Jack Henry & Associates, Inc.(NasdaqGS:JKHY) dropped from Russell 1000 Value-Defensive Index

Jack Henry & Associates, Inc. Adds Vendor Management to Governance, Risk and Compliance Suite

Jack Henry & Associates, Inc. Adds Vendor Management to Governance, Risk and Compliance Suite

Jack Henry & Associates Announces Regular Quarterly Dividend, Payable on June 14, 2022

Jack Henry & Associates Promotes Renee Swearingen to Senior Vice President and Chief Accounting Officer

Third quarter 2022 earnings released: EPS: US$1.16 (vs US$0.95 in 3Q 2021)

Insufficient new directors

Jack Henry & Associates, Inc. to Report Q3, 2022 Results on May 03, 2022

President & COO recently sold €750k worth of stock

Upcoming dividend of US$0.49 per share

Jack Henry & Associates, Inc. Increases Quarterly Dividend, Payable on March 25, 2022

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Jack Henry & Associates, Inc. Provides Earnings Guidance for the Fiscal Year 2022

Insufficient new directors

Upcoming dividend of US$0.46 per share

First quarter 2022 earnings released: EPS US$1.38 (vs US$1.19 in 1Q 2021)