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...
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 leadership, the company has grown significantly, achieving a revenue increase of 22.9% in fiscal year 2021, driven by COVID-19 response work and key acquisitions. Montoni’s focus on aligning executive pay with performance metrics—like earnings per share and revenue growth—highlights a results-driven approach. Interestingly, he has consistently earned substantial bonuses over the years, reaching as high as $2.2 million in 2017 alone. However, in 2017, he transitioned to a Senior Advisor role, adjusting his involvement with stock grants. Montoni's tenure has not just been about numbers; he played a critical role in expanding MAXIMUS into new markets and services, including significant contracts with government agencies. His insider trading history shows he moved large amounts of stock, hitting values over $47 million at one point. This reflects not just personal wealth management but a strategic perspective on the company’s growth and value. Overall, Montoni's career at MAXIMUS combines solid leadership with a clear vision for expanding business opportunities in complex government services.