Paul R. Garcia served as the Chief Executive Officer of Global Payments, Inc. from October 10, 2005, until his retirement on October 1, 2013. During his tenure, he played a significant role in transforming the company into a leading provider...

Number of Employees

27K

Year

2013

Total Compensation

$12.02M

Salary

$1.50M

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, focusing on performance-based incentives.

Bonus

$1.50M

Board Justification

Cash incentive plan award for fiscal 2014 at target performance levels.

Other

$0.00

Board Justification

No additional severance benefits were paid due to the nature of his retirement.

Restricted Stock

$9.02M(144.69K common stock)

Board Justification

Fully-vested shares of common stock equal to the number of shares that would have been awarded assuming target performance levels, as a result of an amendment to his key position agreement due to retirement.

Performance Metrics

Performance metrics for the cash incentive plan are based on target performance levels.

SEC Filing

From September 26, 2014

Paul R. Garcia

Ex-CEO of Global Payments

PR

Education

Not specified

Field of Expertise

Business & Management

Born

August 1, 1962 - 62 years ago

Is Founder?

No

Tenure

7 years 11 months (Oct 2005 - Oct 2013)

Previous Experience

Chairman and Chief Executive Officer of Global Payments, Inc.