Sundar PichaiSundar Pichai earned $164M in 2023
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Michael Q. Simonds

CEO of Trinet Group

Education

MBA

Field of Expertise

Business & Management

Born

January 1, 1973 - 52 years ago

Economy Sector

Industrials

Current Tenure

1 year 0 months (Feb 2024 - Present)

Previous Experience

Executive Vice President, Chief Operating Officer of Unum Group; Executive Vice President, President and Chief Executive Officer, Unum US

Michael Q. Simonds has taken the reins as the CEO and President of TriNet Group as of February 2024, lifting his experience from Unum Group where he served in various executive roles since 2013, including Chief Operating Officer. With an...

Year

2023

Total Compensation

$3.20M

Salary

$744.23K

Board Justification

The compensation philosophy aligns with performance metrics and shareholder interests, focusing on long-term value creation and retention of key executives.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023 performance due to resignation prior to the end of the performance period.

Other

$416.23K

Board Justification

Includes various forms of compensation such as financial planning services, matching gifts, and tax reimbursements.

Restricted Stock

$2.04M(1.19M RSUs)

Board Justification

The value of restricted stock units (RSUs) granted on March 1, 2023, for performance in 2022 that vested in 2023.

Performance Metrics

Performance metrics for 2023 included business and financial objectives, strategic initiatives, and operational effectiveness.