Sundar PichaiSundar Pichai earned $164M in 2023
P

John B. Gibson

CEO of Paychex

Education

Bachelor of Arts from Indiana University; certifications from Kellogg School of Management and INSEAD

Born

April 1, 1966 - 58 years ago

Economy Sector

Industrials

Current Tenure

2 years 4 months (Oct 2022 - Present)

Previous Experience

Senior Vice President of Service at Paychex; various roles at HR outsourcing and technology companies

John B. Gibson is the current CEO of Paychex Inc., a leading provider of HR solutions. He has a solid educational foundation with a Bachelor of Arts from Indiana University, along with certifications from notable institutions like Kellogg School of...

Year

2023

Total Compensation

$1.76M

Salary

$900.00K

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, targeting a significant portion of pay as performance-based to drive long-term value.

Bonus

$844.88K

Board Justification

Payout under the annual incentive program at 62.6% of target based on performance metrics for fiscal 2024.

Other

$17.81K

Board Justification

Includes other compensation such as health insurance, life insurance, and Company matching contributions to the 401(k) Plan.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock vested in 2023 as the focus is on performance-based RSUs and stock options that are not included in total compensation calculations.

Performance Metrics

Performance metrics for the annual incentive program included service revenue and operating income, net of certain items.