In 2023, John B. Gibson earned $1.76M in total compensation at Paychex, including $900.00K salary and $844.88K bonus. Most recently sold 12,670 shares in Jul 2024. Currently holds stock worth $9.09M. Has donated $1.37M in stock to charitable causes. 3+ years at the helm of Paychex.
Compensation History
Annual executive compensation data for John B. Gibson, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.76M
Salary
$900.00K
Bonus
$844.88K
Other
$17.81K
Salary
$900.00KBoard Justification
The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, targeting a significant portion of pay as performance-based to drive long-term value.
Bonus
$844.88KBoard Justification
Payout under the annual incentive program at 62.6% of target based on performance metrics for fiscal 2024.
Other Compensation
$17.81KBoard Justification
Includes other compensation such as health insurance, life insurance, and Company matching contributions to the 401(k) Plan.
Restricted Stock
Board Justification
No stock vested in 2023 as the focus is on performance-based RSUs and stock options that are not included in total compensation calculations.
Performance Metrics
Performance metrics for the annual incentive program included service revenue and operating income, net of certain items.
John B. Gibson
CEO of Paychex
Education
Bachelor of Arts from Indiana University; certifications from Kellogg School of Management and INSEAD
Sector of Economy
Industrials
Born
April 1, 1966 - 59 years ago
CEO of Paychex for
3 years 1 month (Oct 2022 - Present)
Previous Experience
Senior Vice President of Service at Paychex; various roles at HR outsourcing and technology companies
Other Paychex CEOs
Holdings
Track John B. Gibson's stock holdings and portfolio value over time.
Total Stock Sold
$44.55M
$44.55M
504,745 PAYX shares
What if they kept their stock?
If John B. Gibson didn't sell their stock, today they would have:
Extra PAYX504,745 shares worth $56.56M.
This is 26.95% and $12.01M more than what they got when they sold the stock.
Charitable Transactions
12,250 shares
PAYX
Recent Charitable Transactions
$123.18K
PAYX at $123.18/share
Jul 8, 2022
Charity
$959.31K
PAYX at $87.21/share
Jul 10, 2020
Charity
$14.75K
PAYX at $59.00/share
Jul 29, 2016
Charity
Insider Trading
John B. Gibson's recent stock transactions, purchases, and sales filed with the SEC.
$1.51M
PAYX at $119.53/share
Jul 15, 2024
Sale
1,653 shares
PAYX
Jul 15, 2024
Received
32,253 shares
PAYX
Jul 15, 2024
Received
19,874 shares
PAYX
Jul 14, 2023
Received
$23.34K
PAYX at $120.31/share
Jan 13, 2023
Sale
3,663 shares
PAYX
Oct 15, 2022
Received
$326.83K
PAYX at $115.00/share
Jul 15, 2022
Sale
3,478 shares
PAYX
Jul 15, 2022
Received
$365.82K
PAYX at $116.80/share
Jul 8, 2022
Sale
1,400 shares
PAYX
Jul 8, 2022
Received
Rivals
Compare John B. Gibson with competitor CEOs and industry peers.
Timothy C. Gokey
CEO of Broadridge Financial Solutions
2022 Compensation
Stock
$0.00
Salary
$962.50K
Bonus
$0.00
Other
$54.35K
Total Holdings
$421.74M
Carlos A. Rodriguez
CEO of Automatic Data Processing, Inc.
2022 Compensation
Stock
$0.00
Salary
$1.16M
Bonus
$0.00
Other
$421.82K
Total Holdings
$4.33M
Philippe Krakowsky
CEO of The Interpublic Group of Companies
2023 Compensation
Stock
$0.00
Salary
$1.50M
Bonus
$1.68M
Other
$184.01K
Total Holdings
$16.72M
Horacio Rozanski
CEO of Booz Allen Hamilton
2023 Compensation
Stock
$1.50M
Salary
$1.20M
Bonus
$500.00K
Other
$200.00K
Total Holdings
$91.02M
Daniel S. Glaser
CEO of Marsh & McLennan Companies
2023 Compensation
Stock
$5.78M
Salary
$1.40M
Bonus
$6.00M
Other
$329.85K
Total Holdings
$10.17M