Bryce Maddock is the CEO and co-founder of TaskUs, Inc., leading the company since its inception in 2008. He has a Bachelor’s degree in Business Administration from the University of California, Berkeley. Under his stewardship, TaskUs went public in 2021,...

Bryce Maddock is the CEO and co-founder of TaskUs, Inc., leading the company since its inception in 2008. He has a Bachelor’s degree in Business Administration from the University of California, Berkeley. Under his stewardship, TaskUs went public in 2021, and the company has shown impressive growth despite market challenges. In 2023, his total compensation was about $4.08 million, mainly from vested stocks and a small salary, as he forfeited his bonuses for missing performance targets in previous years. Merging tech with outsourcing, Maddock spearheaded innovations like TaskGPT, a platform that uses AI to enhance customer service. Interestingly, he has also seen fluctuations in the value of his stock holdings, which at one point reached nearly $50 million just before significant dips during 2022. Maddock has actively engaged in insider trading, indicating strategic moves with his stocks amid changing company fortunes. TaskUs has focused on sustainability and social responsibility during his leadership, showcasing their commitment to the community and environment. He aims to keep expanding TaskUs's global presence, particularly in high-demand sectors like healthcare and technology.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

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Bryce Maddock

Founder and CEO of TaskUs

Education

Bachelor's degree from New York University.

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

January 1, 1988 - 37 years ago

CEO of TaskUs for

17 years 5 months (Jan 2008 - Present)

Previous Experience

Co-founded TaskUs with Jaspar Weir in 2008.

Rivals

Competitors/colleagues of Bryce Maddock

Holdings

See how much did Bryce Maddock make over time.

Bryce Maddock’s stock portfolio has shown significant fluctuations over the years. At its peak in late 2021, his holdings were valued at about $49.59 million, reflecting the initial excitement around TaskUs following its IPO. However, by early 2022, the value...

Bryce Maddock’s stock portfolio has shown significant fluctuations over the years. At its peak in late 2021, his holdings were valued at about $49.59 million, reflecting the initial excitement around TaskUs following its IPO. However, by early 2022, the value decreased, dropping to approximately $32.24 million as the market adjusted. Over the next several months, his holdings continued to decline, reaching as low as $10.65 million in September 2023 before picking up slightly in later months. Maddock's business decisions around stock sales and purchases suggest an insightful approach to capital management, optimizing his wealth despite the volatility in TaskUs's stock prices.

Mar 18, 2025

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shares

TASK @ $13.65

Total Stock Sold

$163.76M

TASK

$163.76M

3,548,893 TASK shares

What if they kept their stock?

If Bryce Maddock didn't sell their stock, today they would have:
Extra TASK3,548,893 shares worth $110.34M.
This is -32.62% and $53.43M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Bryce Maddock.

TASK

$121.32M

TASK at $61.44/share

Oct 25, 2021

Sale

TASK

$34.21M

TASK at $21.74/share

Jun 15, 2021

Sale

Compensation History

See how much did Bryce Maddock make over time.

In 2023, Bryce Maddock's compensation totaled roughly $4,083,975, a significant jump from $32,451 in 2022 but revealing fluctuations in cash bonuses as performance metrics faltered in earlier years. His salary was $38,769 with no cash bonuses as he forfeited them due to unmet performance goals. The bulk of his compensation came from vested stock units worth over $1.2 million, granted as part of his performance review. In previous years, he saw large payouts tied to the company's performance, peaking in 2021 with stock options received during the IPO, which contributed to a total compensation of over $36 million that year. This reflects how closely his earnings are tied to TaskUs's success.

Year

2023

Total Compensation

$1.25M

Salary

$38.77K

Board Justification

The compensation program is designed to attract, motivate, and retain executives while aligning their interests with those of stockholders through performance-based incentives.

Bonus

$0.00

Board Justification

Mr. Maddock forfeited eligibility to receive a cash bonus under the AIP for 2023.

Other

$1.55K

Board Justification

This includes 401(k) matching contributions made on behalf of Mr. Maddock.

Restricted Stock

$1.21M(92.69K RSU)

Board Justification

The RSUs granted to Mr. Maddock vest annually as 33% on each of March 6, 2024 and March 6, 2025 and 34% on March 6, 2026.

Performance Metrics

The performance metrics for the CEO's compensation are based on the company's revenue and Adjusted EBITDA targets.