Alexander KarpAlexander Karp earned $1B in 2024

In 2004, B. Thomas Golisano earned $1.12M in total compensation at Paychex, including $797.69K salary and $313.33K bonus. Most recently acquired 9,000 shares in May 2021. Currently holds stock worth $4.06B. Has donated $68.24M in stock to charitable causes. Led Paychex as CEO for 25 years.

Compensation History

Annual executive compensation data for B. Thomas Golisano, including salary, bonuses, and stock awards.

Year

2004

Total Compensation

$1.12M

Salary

$797.69K

Bonus

$313.33K

Other

$6.00K

Salary

$797.69K

Board Justification

The compensation philosophy is designed to be competitive with companies of similar size and performance, reward exceptional individual performance, and align the interests of executive officers with the interests of the stockholders.

Bonus

$313.33K

Board Justification

The bonus was determined based on the Company’s Officer Incentive Plan, which ties bonuses to the Company’s annual revenue and operating income growth.

Other Compensation

$6.00K

Board Justification

Other compensation includes the Company’s matching contributions under the Paychex, Inc. 401(k) Incentive Retirement Plan.

Restricted Stock

$0.000 N/A

Board Justification

No stock was vested in 2004 as no stock grants were made that year.

Performance Metrics

The performance metrics for determining the CEO's compensation were based on the Company's annual revenue and operating income growth.

P

B. Thomas Golisano

Founder and Ex-CEO of Paychex

Education

N/A

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

November 14, 1938 - 87 years ago

CEO of Paychex for

25 years 9 months (Jan 1979 - Oct 2004)

Previous Experience

Founder of Paychex, Inc.

Holdings

Track B. Thomas Golisano's stock holdings and portfolio value over time.

Charitable Transactions

PAYX

608,999 shares

PAYX

Recent Charitable Transactions

PAYX

$11.27M

PAYX at $139.88/share

Jan 10, 2025

Charity

PAYX

$84.51K

PAYX at $145.71/share

Dec 2, 2024

Charity

PAYX

$379.97K

PAYX at $145.86/share

Nov 14, 2024

Charity

PAYX

$27.61M

PAYX at $148.04/share

Nov 12, 2024

Charity

PAYX

$22.70M

PAYX at $140.85/share

Oct 29, 2024

Charity

PAYX

$5.91M

PAYX at $140.87/share

Oct 21, 2024

Charity

Insider Trading

B. Thomas Golisano's recent stock transactions, purchases, and sales filed with the SEC.

PAYX

$11.27M

PAYX at $139.88/share

Jan 10, 2025

Charity

PAYX

$84.51K

PAYX at $145.71/share

Dec 2, 2024

Charity

PAYX

$379.97K

PAYX at $145.86/share

Nov 14, 2024

Charity

PAYX

$27.61M

PAYX at $148.04/share

Nov 12, 2024

Charity

PAYX

$22.70M

PAYX at $140.85/share

Oct 29, 2024

Charity

PAYX

$5.91M

PAYX at $140.87/share

Oct 21, 2024

Charity

PAYX

$1.01M

PAYX at $141.38/share

Oct 17, 2024

Charity

PAYX

$83.95K

PAYX at $129.55/share

Aug 30, 2024

Charity

PAYX

$84.66K

PAYX at $118.41/share

May 31, 2024

Charity

PAYX

$88.86K

PAYX at $122.90/share

Mar 5, 2024

Charity

Rivals

Compare B. Thomas Golisano with competitor CEOs and industry peers.