David B. Foss has been the CEO of Jack Henry & Associates since May 5, 2017. Under his leadership, the company has seen significant changes and steady growth. His approach centers on performance-based pay, where his bonuses are tied to...

David B. Foss has been the CEO of Jack Henry & Associates since May 5, 2017. Under his leadership, the company has seen significant changes and steady growth. His approach centers on performance-based pay, where his bonuses are tied to the company's operating income and his individual goals. For fiscal year 2022, his total compensation was around $1 million, highlighting the company's commitment to rewarding executive performance. Interestingly, Foss had no vested stock in 2022, focusing instead on performance shares linked to future results. His insider trading patterns show notable fluctuations in his holdings, peaking at approximately $27.53 million in September 2024. This shows a confident investment in the company's future. Foss is part of a company that employs about 6,800 people and emphasizes a strong culture of equity and employee benefits, positioning itself competitively in the market. He was also involved in implementing stock ownership guidelines, aligning the interests of the executives with those of shareholders. Overall, Foss has played a crucial role in steering Jack Henry through a rapidly changing tech landscape, focusing on both short-term performance and long-term sustainability of shareholder value.