Toby Williams is the Co-CEO and President of Paylocity Holding Corporation. He joined Paylocity in 2017 as the Chief Financial Officer and became Co-CEO in 2022. Toby has a B.S. in Business Administration from the University of Wisconsin. Before his...

Number of Employees

6.1K

Year

2022

Total Compensation

$8.93M

Salary

$625.33K

Board Justification

The compensation philosophy focuses on attracting, retaining, and motivating top talent, linking compensation to performance and aligning the interests of executives with those of shareholders.

Bonus

$0.00

Board Justification

No cash bonus was paid for fiscal 2023 as the performance targets were exceeded, resulting in a bonus payment of 150% of the target amount, which is $957,600.

Other

$114.48K

Board Justification

Includes company funded 401(k) matching contributions and other benefits.

Restricted Stock

$8.19M(30.08K RSU)

Board Justification

Restricted stock units (RSUs) granted on August 15, 2022, vesting in full based on continued service.

Performance Metrics

Performance metrics for fiscal 2023 included Recurring and Other Revenue and Adjusted EBITDA.

SEC Filing

From October 20, 2023

Toby Williams

CEO of Paylocity

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Education

B.S. in Business Administration from the University of Wisconsin.

Field of Expertise

Sales & Marketing - Sales

Born

January 1, 1974 - 51 years ago

Is Founder?

No

Current Tenure

2 years 10 months (Mar 2022 - Present)

Previous Experience

Senior Vice President of Sales and Marketing at Paylocity.