In 2017, Richard A. Montoni earned $2.96M in total compensation at Maximus, including $750.00K salary and $2.20M bonus. Most recently sold 38,847 shares in Dec 2021. Currently holds stock worth $14.15M. Has donated $31.76M in stock to charitable causes. Led Maximus as CEO for 11 years.
Compensation History
Annual executive compensation data for Richard A. Montoni, including salary, bonuses, and stock awards.
Year
2017
Total Compensation
$2.96M
Salary
$750.00K
Bonus
$2.20M
Other
$6.75K
Salary
$750.00KBoard Justification
The compensation philosophy focuses on aligning executive pay with shareholder interests, recognizing individual initiative and achievements, attracting and retaining skilled executives, and uniting the executive management team under common objectives.
Bonus
$2.20MBoard Justification
The cash incentive he earned for fiscal year 2017 under the Management Bonus Plan (MBP) was $2,200,000, which was 196% of his target amount. Additionally, $3,000,000 was awarded in cash in lieu of RSUs that were earned based on fiscal 2017 performance and would have been granted to him in the form of RSUs in November 2017.
Other Compensation
$6.75KBoard Justification
The Company match for 401(k) and Deferred Compensation Plan contributions.
Restricted Stock
Board Justification
No stock grants were vested in 2017 as Mr. Montoni will no longer be eligible for RSU awards under his amended employment agreement effective April 1, 2018.
Performance Metrics
The performance metrics included EPS, organic revenue growth, operating profit margin, quarterly days sales outstanding, Distributable Income at the target level, winning contract rebids, strategic merger and acquisition efforts, client satisfaction results, and execution of the Company's digital strategy initiatives.
Richard A. Montoni
Ex-CEO of Maximus
Education
Bachelor's degree in Business Administration
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
October 12, 1956 - 69 years ago
CEO of Maximus for
11 years 2 months (Apr 2006 - Jul 2017)
Previous Experience
Various executive positions at MAXIMUS, Inc.
Other Maximus CEOs
Holdings
Track Richard A. Montoni's stock holdings and portfolio value over time.
Total Stock Sold
$77.47M
$77.47M
1,554,785 MMS shares
What if they kept their stock?
If Richard A. Montoni didn't sell their stock, today they would have:
Extra MMS1,554,785 shares worth $131.64M.
This is 69.93% and $54.17M more than what they got when they sold the stock.
Charitable Transactions
375,152.568 shares
MMS
Recent Charitable Transactions
7,500 shares
MMS
Mar 4, 2025
Charity
2,984 shares
MMS
Nov 21, 2023
Charity
5,400 shares
MMS
Jul 24, 2020
Charity
5,000 shares
MMS
Jul 22, 2019
Charity
4,600 shares
MMS
Nov 27, 2018
Charity
5,000 shares
MMS
Dec 4, 2017
Charity
Insider Trading
Richard A. Montoni's recent stock transactions, purchases, and sales filed with the SEC.
7,500 shares
MMS
Mar 4, 2025
Charity
2,984 shares
MMS
Nov 21, 2023
Charity
$3.12M
MMS at $80.34/share
Dec 28, 2021
Sale
$518.67K
MMS at $83.20/share
Sep 30, 2021
Sale
$3.22M
MMS at $91.89/share
Jun 15, 2021
Sale
$3.05M
MMS at $87.00/share
Mar 23, 2021
Sale
$2.50M
MMS at $71.41/share
Dec 8, 2020
Sale
5,400 shares
MMS
Jul 24, 2020
Charity
$796.22K
MMS at $68.41/share
Sep 30, 2020
Sale
$2.57M
MMS at $73.34/share
Sep 8, 2020
Sale
Rivals
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