Paychex Management

Management criteria checks 3/4

Paychex's CEO is John Gibson, appointed in Dec 2021, has a tenure of 2.92 years. total yearly compensation is $7.53M, comprised of 12.2% salary and 87.8% bonuses, including company stock and options. directly owns 0.022% of the company’s shares, worth $11.75M. The average tenure of the management team and the board of directors is 2.2 years and 7.8 years respectively.

Key information

John Gibson

Chief executive officer

US$7.5m

Total compensation

CEO salary percentage	12.2%
CEO tenure	2.9yrs
CEO ownership	0.02%
Management average tenure	2.2yrs
Board average tenure	7.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John Gibson's remuneration changed compared to Paychex's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 31 2024	n/a	n/a	US$2b
May 31 2024	US$8m	US$922k	US$2b
Feb 29 2024	n/a	n/a	US$2b
Nov 30 2023	n/a	n/a	US$2b
Aug 31 2023	n/a	n/a	US$2b
May 31 2023	US$7m	US$731k	US$2b
Feb 28 2023	n/a	n/a	US$2b
Nov 30 2022	n/a	n/a	US$1b
Aug 31 2022	n/a	n/a	US$1b
May 31 2022	US$4m	US$557k	US$1b
Feb 28 2022	n/a	n/a	US$1b
Nov 30 2021	n/a	n/a	US$1b
Aug 31 2021	n/a	n/a	US$1b
May 31 2021	US$3m	US$449k	US$1b
Feb 28 2021	n/a	n/a	US$1b
Nov 30 2020	n/a	n/a	US$1b
Aug 31 2020	n/a	n/a	US$1b
May 31 2020	US$2m	US$493k	US$1b
Feb 29 2020	n/a	n/a	US$1b
Nov 30 2019	n/a	n/a	US$1b
Aug 31 2019	n/a	n/a	US$1b
May 31 2019	US$2m	US$450k	US$1b
Feb 28 2019	n/a	n/a	US$1b
Nov 30 2018	n/a	n/a	US$1b
Aug 31 2018	n/a	n/a	US$1b
May 31 2018	US$2m	US$446k	US$994m

Compensation vs Market: John's total compensation ($USD7.53M) is above average for companies of similar size in the UK market ($USD5.77M).

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

CEO

John Gibson (57 yo)

2.9yrs

Tenure

US$7,534,855

Compensation

Mr. John B. Gibson, Jr., serves as Director at Paychex, Inc. since October 14, 2022. He is President at Paychex, Inc. since October 2022. He was Senior Vice President of Service at Paychex, Inc. since May...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
John Gibson	President	2.9yrs	US$7.53m	0.022% $ 11.8m
B. Golisano	Founder & Director	53.8yrs	US$272.50k	10.32% $ 5.4b
Robert Schrader	Chief Financial Officer	1.1yrs	US$2.12m	0.0049% $ 2.6m
Elizabeth Roaldsen	Senior Vice President of Operations & Customer Experience	1.5yrs	US$2.34m	0.0011% $ 555.9k
Mark Bottini	Senior Vice President of Sales	13.1yrs	US$2.62m	0.023% $ 11.8m
Michael Gioja	Senior Vice President of Product Development & Information Technology	13.3yrs	US$2.84m	0.0049% $ 2.6m
Dave Wilson	Vice President of Platform & Technology Services	1.2yrs	no data	no data
Bradley Schaufenbuel	VP & Chief Information Security Officer	5.2yrs	no data	no data
Frank Fiorille	Vice President of Risk & Compliance	7.8yrs	no data	no data
Prabha Bhandari	Senior VP	less than a year	no data	no data
Jason Rose	Senior Vice President of Digital Sales & Marketing	less than a year	no data	no data
Mason Argiropoulos	Chief Human Resources Officer	less than a year	no data	0.00016% $ 83.9k

2.2yrs

Average Tenure

53yo

Average Age

Experienced Management: 0KGE's management team is considered experienced (2.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
John Gibson	President	2.1yrs	US$7.53m	0.022% $ 11.8m
B. Golisano	Founder & Director	45.8yrs	US$272.50k	10.32% $ 5.4b
Joseph Tucci	Lead Independent Director	24.8yrs	US$379.96k	0.018% $ 9.7m
Joseph Doody	Independent Director	14.1yrs	US$297.46k	0.0066% $ 3.5m
Pamela Joseph	Independent Director	6.6yrs	US$324.96k	0.0030% $ 1.6m
Martin Mucci	Chairman	14.8yrs	US$413.01k	0.12% $ 61.2m
Joseph Velli	Independent Director	17.8yrs	US$317.46k	0.020% $ 10.3m
Thomas Bonadio	Independent Director	7.8yrs	US$309.96k	0.0054% $ 2.9m
Kara Wilson	Independent Director	7.3yrs	US$299.96k	0.0021% $ 1.1m
Theresa Payton	Independent Director	1.8yrs	US$385.48k	0.00053% $ 277.9k
Kevin Price	Independent Director	3.3yrs	US$302.46k	0.00085% $ 445.7k

7.8yrs

Average Tenure

65yo

Average Age

Experienced Board: 0KGE's board of directors are considered experienced (7.8 years average tenure).

Paychex Management

Management criteria checks 3/4

Key information

Recent management updates

Paychex, Inc., Annual General Meeting, Oct 10, 2024

Senior Vice President of Sales recently sold US$1.1m worth of stock

President recently sold US$1.5m worth of stock

Chairman recently sold US$5.5m worth of stock

Stephanie Schaeffer to Retire as Vice President, Chief Legal & Ethics Officer, and Secretary of Paychex, Inc., Effective as of August 2, 2024

Paychex, Inc. Appoints Beaumont Vance as Senior Vice President of Data, Analytics, and AI

Recent updates

Paychex, Inc. Introduces HR Analytics Premium Plus Solution with Built-in GenAI Capabilities

Paychex, Inc. Introduces Paychex Funding Solutions to Give Small- and Mid-Sized Businesses Quick Access to Capital as Business Needs Arise

Upcoming dividend of US$0.98 per share

First quarter dividend of US$0.98 announced

Paychex Declares Quarterly Dividend, Payable on November 27, 2024

First quarter 2025 earnings released: EPS: US$1.19 (vs US$1.16 in 1Q 2024)

Paychex, Inc. to Report Q1, 2025 Results on Oct 01, 2024

Paychex, Inc., Annual General Meeting, Oct 10, 2024

Paychex Launches Digital Employee Benefits Marketplace

Paychex, Inc. Introduces Paychex Flex Engage

Upcoming dividend of US$0.98 per share

Senior Vice President of Sales recently sold US$1.1m worth of stock

President recently sold US$1.5m worth of stock

Fourth quarter dividend of US$0.98 announced

Paychex, Inc. Declares Quarterly Cash Dividend, Payable on August 29, 2024

Chairman recently sold US$5.5m worth of stock

Full year 2024 earnings released: EPS: US$4.69 (vs US$4.32 in FY 2023)

Paychex, Inc. to Report Q4, 2024 Results on Jun 26, 2024

Stephanie Schaeffer to Retire as Vice President, Chief Legal & Ethics Officer, and Secretary of Paychex, Inc., Effective as of August 2, 2024

Third quarter dividend increased to US$0.98

Paychex Declares a 10% Increase to Quarterly Cash Dividend, Payable on May 30, 2024

Paychex, Inc. Revises Earnings Guidance for the Fiscal Year Ending May 31, 2024

Third quarter 2024 earnings released: EPS: US$1.39 (vs US$1.30 in 3Q 2023)

Paychex, Inc. Appoints Beaumont Vance as Senior Vice President of Data, Analytics, and AI

Paychex, Inc. to Report Q3, 2024 Results on Mar 27, 2024

Upcoming dividend of US$0.89 per share at 2.9% yield

Second quarter dividend of US$0.89 announced

Paychex, Inc. (NasdaqGS:PAYX) announces an Equity Buyback for $400 million worth of its shares.

Paychex, Inc. Announces Quarterly Dividend, Payable on February 27, 2024

Paychex, Inc. Provides Earnings Guidance for the Fiscal Year Ending May 31, 2024

Second quarter 2024 earnings released: EPS: US$1.09 (vs US$1.00 in 2Q 2023)

Now 21% undervalued

Paychex, Inc. Identifies Top 5 Regulatory Issues for Employers to Watch in 2024

Upcoming dividend of US$0.89 per share at 3.2% yield

Paychex, Inc. to Report Q2, 2024 Results on Dec 21, 2023

Paychex, Inc. Declares Regular Quarterly Dividend, Payable on November 28, 2023

Paychex, Inc. Revises Earnings Guidance for the Fiscal Year Ending May 31, 2024

First quarter 2024 earnings released: EPS: US$1.16 (vs US$1.05 in 1Q 2023)

Paychex, Inc. Announces Chief Financial Officer Changes

Paychex, Inc., Annual General Meeting, Oct 12, 2023

Paychex, Inc. to Report Q1, 2024 Results on Sep 27, 2023

Insider recently sold US$2.9m worth of stock

Upcoming dividend of US$0.89 per share at 2.8% yield

Paychex, Inc. Declares Regular Quarterly Dividend, Payable on August 24, 2023

Full year 2023 earnings released: EPS: US$4.32 (vs US$3.86 in FY 2022)

Paychex, Inc. Provides Earnings Guidance for the Fiscal Year Ending May 31, 2024

Now 21% undervalued

Paychex, Inc. to Report Q4, 2023 Results on Jun 29, 2023

Third quarter 2023 earnings released: EPS: US$1.30 (vs US$1.19 in 3Q 2022)

Paychex, Inc. to Report Q3, 2023 Results on Mar 29, 2023

Upcoming dividend of US$0.79 per share at 2.7% yield

Paychex, Inc. Appoints Theresa M. Payton to Board of Directors

Paychex, Inc. Declares Regular Quarterly Dividend, Payable on February 23, 2023

Insider recently sold US$1.6m worth of stock

Paychex, Inc. Provides Earnings Guidance for the Fiscal Year Ending May 31, 2023

Second quarter 2023 earnings released: EPS: US$1.00 (vs US$0.92 in 2Q 2022)

Paychex, Inc. to Report Q2, 2023 Results on Dec 22, 2022

Paychex, Inc., Announces New Enhancements Designed to Help Improve the Employee Experience from Pre-Employment Through Retention

Upcoming dividend of US$0.79 per share

Paychex, Inc. Appoints John B. Gibson, Jr. to Its Board

Paychex, Inc. Declares Quarterly Dividend, Payable on November 23, 2022

First quarter 2023 earnings released: EPS: US$1.05 (vs US$0.93 in 1Q 2022)

Paychex Launches Industry's First Voice-Activated Payroll Solution At HR Technology Conference & Expo

Now 20% undervalued

Paychex, Inc., Annual General Meeting, Oct 13, 2022

Now 20% undervalued

Paychex, Inc. Announces Change of CEO, Effective October 14, 2022

Insider recently sold US$69k worth of stock

Upcoming dividend of US$0.79 per share