David H. Lissy is the former CEO and currently serves as the Executive Chairman of Bright Horizons Family Solutions, a company known for its child care services and educational resources. He has an impressive educational background, holding a Bachelor's degree...

David H. Lissy is the former CEO and currently serves as the Executive Chairman of Bright Horizons Family Solutions, a company known for its child care services and educational resources. He has an impressive educational background, holding a Bachelor's degree in Business Administration from Harvard University. Since joining Bright Horizons in 2004, he has been a key player in expanding the company's reach in the childcare sector. Notably, his leadership style focuses on aligning executive compensation with performance metrics and shareholder interests, making sure that the company grows while also rewarding those who contribute to its success. Under Lissy's guidance, Bright Horizons has maintained robust employee benefits and an inclusive workplace culture, often earning awards for being a great place to work. His financial moves reflect a significant stake in the company, with reported insider trading values peaking around $53.74 million in early 2020, reflecting a strategic commitment to the company's mission. Beyond just numbers, Lissy aims to create lasting value in childcare and education, impacting families across the country.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Bright Horizons Family Solutions CEOs

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David H. Lissy

Founder and Ex-CEO of Bright Horizons Family Solutions

Education

Bachelor's degree in Business Administration from Harvard University

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

January 1, 1959 - 66 years ago

CEO of Bright Horizons Family Solutions for

15 years 11 months (Jan 2004 - Dec 2019)

Previous Experience

CEO of Bright Horizons Family Solutions Inc. since founding in 1986

Rivals

Competitors/colleagues of David H. Lissy

Holdings

See how much did David H. Lissy make over time.

David H. Lissy has had significant movements in his insider trading, reflecting his deep ties to Bright Horizons Family Solutions. In 2019, his holdings surged, with values hitting around $49.40 million in September before fluctuating throughout 2020, reaching a high...

David H. Lissy has had significant movements in his insider trading, reflecting his deep ties to Bright Horizons Family Solutions. In 2019, his holdings surged, with values hitting around $49.40 million in September before fluctuating throughout 2020, reaching a high of $53.74 million in February. These changes suggest his active engagement with the company's stock and performance. Over the years, his wealth has transitioned between peaks and valleys due to market conditions, yet it reflects a consistent confidence in his leadership and the company's direction. By 2024, his holdings appear more stable, with values around $20 million, indicating a long-term strategy rather than short-term gains.

Total Stock Sold

$52.58M

BFAM

$52.58M

639,773 BFAM shares

What if they kept their stock?

If David H. Lissy didn't sell their stock, today they would have:
Extra BFAM639,773 shares worth $74.88M.
This is 42.42% and $22.30M more than what they got when they sold the stock.

Charitable Transactions

BFAM

184,548 shares

BFAM

Recent Charitable Transactions

BFAM

7,600 shares

BFAM

Dec 31, 2021

Charity

BFAM

110,852 shares

BFAM

Dec 17, 2021

Charity

BFAM

7,800 shares

BFAM

Dec 29, 2020

Charity

BFAM

3,200 shares

BFAM

Dec 4, 2019

Charity

BFAM

12,096 shares

BFAM

Mar 14, 2019

Charity

BFAM

11,500 shares

BFAM

Jan 12, 2018

Charity

Insider Trading

See recent insider trades of David H. Lissy.

BFAM

1,354 shares

BFAM

Jun 5, 2024

Received

BFAM

1,630 shares

BFAM

Jun 21, 2023

Received

BFAM

1,948 shares

BFAM

Jun 22, 2022

Received

BFAM

7,600 shares

BFAM

Dec 31, 2021

Charity

BFAM

110,852 shares

BFAM

Dec 17, 2021

Charity

BFAM

110,852 shares

BFAM

Dec 17, 2021

Charity

BFAM

1,006 shares

BFAM

Jun 24, 2021

Received

BFAM

$4.50M

BFAM at $180.89/share

Feb 16, 2021

Sale

BFAM

$1.91M

BFAM at $171.80/share

Dec 30, 2020

Sale

BFAM

$1.37M

BFAM at $170.60/share

Dec 29, 2020

Sale

Compensation History

See how much did David H. Lissy make over time.

In 2019, David H. Lissy's total compensation was reported at $139,829, a significant amount comprised largely of his salary and performance-based bonuses. His compensation included a salary of $318,270, along with an annual bonus of $79,568, depending on how well he and the company met their performance goals. Additionally, he received restricted stock awards worth around $869,710 at the time. This structure was intentionally designed to attract high-level leadership, aligning his pay to the success of Bright Horizons and ensuring that his interests were closely tied to those of the company's performance and its shareholders. Historically, his compensation has seen fluctuations, peaking around $1.8 million in 2017, underlining the high stakes and responsibilities involved in leading a major business like Bright Horizons.

Year

2019

Total Compensation

$1.30M

Salary

$318.27K

Board Justification

The company aims to attract and retain high-quality leadership through competitive compensation that aligns with performance metrics and shareholder interests.

Bonus

$79.57K

Board Justification

Annual cash bonus based on individual performance and company performance metrics, resulting in a payout of approximately 50% of his target bonus opportunity.

Other

$30.29K

Board Justification

Includes matching contributions to the 401(k) Plan, supplemental disability insurance premiums, and vacation accrual payout due to transition from executive role.

Restricted Stock

$869.71K(21.6K RSU)

Board Justification

Restricted stock awards granted in 2019 that vested based on continued service and performance metrics, with a purchase price of 50% of fair market value at grant date.

Performance Metrics

Annual cash bonus based on Adjusted EBITDA and Adjusted EPS targets, with individual performance assessments contributing to bonus payouts.