Richard A. Montoni has been the CEO of MAXIMUS, Inc. since April 2006. He holds a Bachelor's degree in Business Administration and has extensive experience in management, including a previous role as the Chief Financial Officer for MAXIMUS. Under his...

Current Market Cap

$5.58B

Number of Employees

39.6K

Total Compensation

2013 - 2017

Trending up by 8.24% last year
Showing total compensation for the last 2013 - 2017

Stock

Up by 0.00% last year

Salary

Up by 3.45% last year

Bonus

Up by 10.00% last year

Other

Up by 1.89% last year

Year

2017

Total Compensation

$2.96M

Salary

$750.00K

Board Justification

The compensation philosophy focuses on aligning executive pay with shareholder interests, recognizing individual initiative and achievements, attracting and retaining skilled executives, and uniting the executive management team under common objectives.

Bonus

$2.20M

Board Justification

The cash incentive he earned for fiscal year 2017 under the Management Bonus Plan (MBP) was $2,200,000, which was 196% of his target amount. Additionally, $3,000,000 was awarded in cash in lieu of RSUs that were earned based on fiscal 2017 performance and would have been granted to him in the form of RSUs in November 2017.

Other

$6.75K

Board Justification

The Company match for 401(k) and Deferred Compensation Plan contributions.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were vested in 2017 as Mr. Montoni will no longer be eligible for RSU awards under his amended employment agreement effective April 1, 2018.

Performance Metrics

The performance metrics included EPS, organic revenue growth, operating profit margin, quarterly days sales outstanding, Distributable Income at the target level, winning contract rebids, strategic merger and acquisition efforts, client satisfaction results, and execution of the Company's digital strategy initiatives.

SEC Filing

From January 26, 2018

Richard A. Montoni

Ex-CEO of Maximus

RA

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Born

October 12, 1956 - 67 years ago

Is Founder?

No

Tenure

11 years 2 months (Apr 2006 - Jul 2017)

Previous Experience

Various executive positions at MAXIMUS, Inc.

View Holdings

Insider Holdings of Richard A. Montoni

MMS

$6.51M

$954.28K (17.19%)

Last Insider Trade

MMS

2,984 shares

MMS

Nov 21, 2023

Charity