Sundar PichaiSundar Pichai earned $164M in 2023
P

Jonathan J. Judge

Ex-CEO of Paychex

Education

N/A

Field of Expertise

Business & Management

Born

September 16, 1954 - 70 years ago

Economy Sector

Industrials

Tenure

5 years 9 months (Oct 2004 - Jul 2010)

Previous Experience

Former President and CEO of Crystal Decisions, Inc.; General Manager of IBM's Personal Computing Division

Jonathan J. Judge was the CEO of Paychex from 2004 until 2010. He took the reins after founder B. Thomas Golisano stepped down. Judge brought a wealth of experience from his previous roles, notably as the CEO of Crystal Decisions...

Year

2010

Total Compensation

$2.87M

Salary

$915.00K

Board Justification

The compensation philosophy for the CEO aligns with performance metrics and includes a pay-for-performance approach, ensuring that compensation is tied to company performance and market benchmarks.

Bonus

$50.00K

Board Justification

The bonus was a one-time payment as part of the separation agreement due to resignation.

Other

$1.90M

Board Justification

This includes the separation payment of $1.9 million, COBRA premiums for health insurance for twelve months, and other benefits as part of the separation agreement.

Restricted Stock

$0.00(0 Restricted Stock)

Board Justification

No stock vested in 2010 as part of the separation agreement; however, unvested equity awards were accelerated.

Performance Metrics

The performance metrics included service revenue and operating income, which were key indicators for determining the annual incentive compensation.