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...
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 of payment solutions worldwide. Under his leadership, the company's stock experienced notable fluctuations, reaching a peak holding value of over $125 million in December 2020, reflecting the company's steady growth trajectory. Garcia’s compensation was tied closely to performance, with his total earnings in 2013 amounting to $1.5 million, which included significant stock options and vested shares valued at around $9 million at market price. Remarkably, he was able to navigate various market conditions, managing the company's growth amid changes in the economic landscape. He was also involved in insider trading activities, indicating his strong belief in the company's potential, which further emphasizes his commitment to the firm. Notably, he did not receive a bonus in several years, showcasing a focus on long-term company performance rather than short-term gains. Garcia’s educational background isn’t mentioned; however, his expertise lies in management, which he demonstrated during pivotal years at Global Payments.