Sundar PichaiSundar Pichai earned $164M in 2023

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...

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Toby Williams

CEO of Paylocity

Education

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

Field of Expertise

Sales & Marketing - Sales

Sector of Economy

Technology

Born

January 1, 1974 - 51 years ago

CEO of Paylocity for

3 years 0 months (Mar 2022 - Present)

Previous Experience

Senior Vice President of Sales and Marketing at Paylocity.

Holdings

See how much did Toby Williams make over time.

Toby Williams has seen notable changes in his stock holdings during his time at Paylocity. Starting with $11.64 million in stock in September 2019, his holdings rose steadily, reaching $30.43 million by August 2021. This growth reflects both his deep...

Total Stock Sold

$17.58M

PCTY

$17.58M

86,500 PCTY shares

What if they kept their stock?

If Toby Williams didn't sell their stock, today they would have:
Extra PCTY86,500 shares worth $8.74M.
This is -50.31% and $8.84M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Toby Williams.

PCTY

$3.46M

PCTY at $216.52/share

Feb 14, 2025

Sale

PCTY

49,338 shares

PCTY

Aug 15, 2024

Received

PCTY

$1.20M

PCTY at $149.46/share

Aug 14, 2024

Sale

PCTY

$1.36M

PCTY at $169.74/share

Feb 13, 2024

Sale

PCTY

29,491 shares

PCTY

Aug 15, 2023

Received

PCTY

$1.58M

PCTY at $197.76/share

Aug 15, 2023

Sale

PCTY

$1.74M

PCTY at $217.26/share

Feb 14, 2023

Sale

PCTY

$2.14M

PCTY at $267.71/share

Aug 15, 2022

Sale

PCTY

30,079 shares

PCTY

Aug 15, 2022

Received

PCTY

30,079 shares

PCTY

Aug 15, 2022

Received

Compensation History

See how much did Toby Williams make over time.

In 2022, Toby Williams' compensation package totaled about $21.7 million. His salary was $625,333, with no cash bonuses since the company exceeded performance targets. His package mainly consisted of vested stock options valued at approximately $8.19 million and unvested stock options worth around $11.79 million. This compensation reflects the company’s strong performance and aligns his interests with shareholders, especially since the stock awards are tied to Paylocity's success.

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.

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