People: Insperity Inc (NSP.N)
NSP.N on New York Stock Exchange
33.35USD
4:02pm EDT
33.35USD
4:02pm EDT
Price Change (% chg)
$0.28 (+0.85%)
$0.28 (+0.85%)
Prev Close
$33.07
$33.07
Open
$33.24
$33.24
Day's High
$33.51
$33.51
Day's Low
$32.81
$32.81
Volume
28,162
28,162
Avg. Vol
29,640
29,640
52-wk High
$34.20
$34.20
52-wk Low
$23.95
$23.95
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Paul Sarvadi |
56 | 2003 | Chairman of the Board, Chief Executive Officer |
Richard Rawson |
64 | 2003 | President, Director |
Douglas Sharp |
51 | 2008 | Chief Financial Officer, Senior Vice President - Finance, Treasurer |
A. Steve Arizpe |
55 | 2003 | Chief Operating Officer, Executive Vice President - Client Services |
Jay Mincks |
59 | 1999 | Executive Vice President - Sales and Marketing |
Daniel Herink |
46 | 2008 | Senior Vice President - Legal, General Counsel, Secretary |
Gregory Petsch |
62 | 2012 | Lead Independent Director |
Michael Brown |
67 | 1997 | Independent Director |
Jack Fields |
61 | 1997 | Independent Director |
Eli Jones |
51 | 2004 | Independent Director |
Paul Lattanzio |
49 | 1995 | Independent Director |
Austin Young |
72 | 2003 | Independent Director |
Biographies
| Name | Description |
|---|---|
Paul Sarvadi |
Mr. Paul J. Sarvadi is Chairman of the Board, Chief Executive Officer of Insperity, Inc., since August 2003. Mr. Sarvadi co-founded Insperity in 1986 and served as Vice President and Treasurer of Insperity from its inception in 1986 through April 1987, as Vice President from April 1987 through 1989 and as President and Chief Executive Officer from 1989 to August 2003. Prior to founding Insperity, Mr. Sarvadi started and operated several small businesses. Mr. Sarvadi has served as President of NAPEO and was a member of its Board of Directors for five years. Mr. Sarvadi was selected as the 2001 National Ernst & Young Entrepreneur Of The Year® for service industries. In 2004, he received the Conn Family Distinguished New Venture Leader Award from Mays Business School at Texas A&M University. In 2007, he was inducted into the Texas Business Hall of Fame. |
Richard Rawson |
Mr. Richard G. Rawson is President, Director of Insperity Inc. He has been a director of the Company since 1989. He has been President since August 2003. Before being elected President, he served as Executive Vice President of Administration, Chief Financial Officer and Treasurer of the Company from February 1997 until August 2003. Prior to that, he served as Senior Vice President, Chief Financial Officer and Treasurer of the Company since 1989. Prior to joining the Company in 1989, Mr. Rawson served as a Senior Financial Officer and Controller for several companies in the manufacturing and seismic data processing industries. Mr. Rawson has served NAPEO as Chairman of the Accounting Practices Committee and several other offices and became President in 1999-2000. Mr. Rawson has a Bachelor of Business Administration in finance from the University of Houston. |
Douglas Sharp |
Mr. Douglas S. Sharp is Chief Financial Officer, Senior Vice President - Finance, Treasurer of Insperity Inc., since May 2008. He served as Vice President of Finance, Chief Financial Officer and Treasurer from August 2003 until May 2008. Mr. Sharp joined Insperity in January 2000 as Vice President of Finance and Controller. From July 1994 until he joined Insperity, he served as Chief Financial Officer for Rimkus Consulting Group, Inc. Prior to that, he served as Controller for a small publicly held company; as Controller for a software company; and as an Audit Manager for Ernst & Young LLP. Mr. Sharp has served as a member of the Accounting Practices Committee of NAPEO. Mr. Sharp is also a certified public accountant. |
A. Steve Arizpe |
Mr. A. Steve Arizpe is Chief Operating Officer, Executive Vice President - Client Services of Insperity Inc., since August 2003. He joined Insperity in 1989 and has served in a variety of roles, including Houston Sales Manager, Regional Sales Manager and Vice President of Sales. Prior to joining Insperity, Mr. Arizpe served in sales and sales management roles for NCR Corporation and Clarke-American. He has also served as a director of the Texas Chapter of NAPEO. Mr. Arizpe graduated from Texas A&M University in 1979, earning his degree in Business Management. |
Jay Mincks |
Mr. Jay E. Mincks is Executive Vice President - Sales and Marketing of Insperity Inc., since January 1999. Mr. Mincks served as Vice President of Sales and Marketing from February 1997 through January 1999. He joined Insperity in 1990 and has served in a variety of other roles, including Houston Sales Manager and Regional Sales Manager for the Western United States. Prior to joining Insperity, Mr. Mincks served in a variety of positions, including management positions, in the sales and sales training fields with various companies. He holds a business degree from the University of Houston. |
Daniel Herink |
Mr. Daniel D. Herink is Senior Vice President - Legal, General Counsel, Secretary of Insperity, Inc., since May 2008. Mr. Herink joined Insperity in 2000 as Assistant General Counsel and was promoted to Associate General Counsel in 2002. He was elected to his current position in May 2007. Mr. Herink previously served as an attorney at Rodriguez, Colvin & Chaney, L.L.P. and McGinnis, Lochridge & Kilgore, L.L.P. He earned his Bachelor of Science degree in business administration from the University of Nebraska and a Doctorate of Jurisprudence from The University of Texas School of Law, where he was a member of the Texas Law Review and The Order of the Coif. Mr. Herink is also a certified public accountant. |
Gregory Petsch |
Mr. Gregory E. Petsch is Lead Independent Director of Insperity, Inc. He is chairman of the Company’s Nominating and Corporate Governance Committee and a member of the Compensation Committee. Mr. Petsch retired from Compaq Computer Corporation in 1999 where he had held various positions since 1983, most recently as senior vice president of Worldwide Manufacturing and Quality beginning in 1991. Prior to joining Compaq, he worked for 10 years for Texas Instruments. Mr. Petsch serves or has served as a director, trustee or advisor of several private business, civic or charitable organizations. In 1992, Mr. Petsch was voted Manufacturing Executive of the Year by Upside Magazine, and from 1993 to 1995, he was nominated Who’s Who of Global Business Leaders. He is founder and president of Petsch Foundation, Inc. He earned a Bachelor of Business Technology degree from the University of Houston in 1978. |
Michael Brown |
Mr. Michael W. Brown is Independent Director of Insperity, Inc. He is a member of the Company’s Finance, Risk Management and Audit Committee and the Nominating and Corporate Governance Committee. Mr. Brown is the past chairman of the NASDAQ Stock Market Board of Directors and a past governor of the National Association of Securities Dealers. Mr. Brown joined Microsoft Corporation in 1989 as its treasurer and became its chief financial officer in 1993, in which capacity he served until his retirement in July 1997. Prior to joining Microsoft, Mr. Brown spent 18 years with Deloitte & Touche LLP. Mr. Brown is also a director of EMC Corporation, Stifel Financial Corporation and VMware, Inc. and serves on the audit committees of EMC Corporation and VMware, Inc. Mr. Brown also serves or has served as a director, trustee or advisor of several private businesses, civic or charitable organizations. Mr. Brown holds a Bachelor of Science degree in Economics from the University of Washington in Seattle. |
Jack Fields |
Mr. Jack M. Fields, Jr. is Independent Director of Insperity, Inc. Mr. Fields is a member of the Company’s Compensation Committee and the Nominating and Corporate Governance Committee. During 1995 and 1996, Mr. Fields served as chairman of the House Telecommunications and Finance Subcommittee, which has jurisdiction and oversight over the Federal Communications Commission and the Securities and Exchange Commission (the “SEC”). Mr. Fields has been chief executive officer of the Twenty-First Century Group in Washington, D.C. since January 1997. He serves on the Board of Directors for Invesco Mutual Funds (formerly AIM Mutual Funds), and also serves or has served as a director, trustee or advisor of several private business, civic or charitable organizations. Mr. Fields earned a Bachelor of Arts degree in 1974 from Baylor University and graduated from Baylor Law School in 1977. |
Eli Jones |
Dr. Eli Jones, Ph.D., is Independent Director of Insperity, Inc. He is chairman of the Company’s Compensation Committee and a member of the Nominating and Corporate Governance Committee. Dr. Jones is the Dean of the Sam M. Walton College of Business at the University of Arkansas and holder of the Sam M. Walton Leadership Chair in Business. Prior to joining the faculty at the University of Arkansas, he was Dean of the E. J. Ourso College of Business and Ourso Distinguished Professor of Business at Louisiana State University (“LSU”) from 2008 to 2012; Professor of Marketing and Associate Dean at the C.T. Bauer College of Business at the University of Houston from 2007 to 2008; an Associate Professor of Marketing from 2002 to 2007; and an assistant professor from 1997 until 2002. He taught at Texas A&M University for several years before joining the faculty of the University of Houston. Dr. Jones served as the executive director of the Program for Excellence in Selling and the founding director of the Sales Excellence Institute at the University of Houston from 1997 to 2007. Before becoming a professor, he worked in sales and sales management for three Fortune 100 companies: Quaker Oats, Nabisco and Frito-Lay. Dr. Jones is also a director at Arvest Bank. He received his Bachelor of Science degree in Journalism in 1982, his MBA in 1986, and his Ph.D. in 1997, all from Texas A&M University. |
Paul Lattanzio |
Mr. Paul S. Lattanzio is Independent Director of Insperity, Inc. He is a member of the Company’s Finance, Risk Management and Audit Committee and the Nominating and Corporate Governance Committee. Mr. Lattanzio has been president of Star Avenue Capital, LLC since May 2010. Prior to that, he most recently served as a senior managing director and head of Bear Growth Capital Partners, a private equity group, from July 2003 to January 2009. He served as a managing director for TD Capital Communications Partners (f/k/a Toronto Dominion Capital), a venture capital investment firm, from July 1999 until July 2002. From February 1998 to March 1999, he was a co-founder and senior managing director of NMS Capital Management, LLC, a $600 million private equity fund affiliated with NationsBanc Montgomery Securities. Prior to NMS Capital, Mr. Lattanzio served in several positions with various affiliates of Bankers Trust New York Corporation for over 13 years, most recently as a managing director of BT Capital Partners, Inc. Mr. Lattanzio has experience in a variety of investment banking disciplines, including mergers and acquisitions, private placements and restructuring. Mr. Lattanzio received his Bachelor of Science degree in Economics with honors from the University of Pennsylvania’s Wharton School of Business in 1984. |
Austin Young |
Mr. Austin P. Young, III, CPA, is Independent Director of Insperity, Inc. He is chairman of the Company’s Finance, Risk Management and Audit Committee and a member of the Nominating and Corporate Governance Committee. Mr. Young served as senior vice president, chief financial officer and treasurer of CellStar Corporation from 1999 to December 2001, when he retired. From 1996 to 1999, he served as executive vice president - finance and administration of Metamor Worldwide, Inc. Mr. Young also held the position of senior vice president and chief financial officer of American General Corporation for over eight years and was a partner in the Houston and New York offices of KPMG before joining American General. Mr. Young currently serves as a director and chairman of the Audit Committees of Tower Group International, Ltd. and Amerisafe, Inc. He is a member of the Houston and State Chapters of the Texas Society of CPAs, the American Institute of CPAs, and the Financial Executives International. He holds an accounting degree from The University of Texas. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Paul Sarvadi |
3,216,320 |
Richard Rawson |
1,803,170 |
Douglas Sharp |
1,069,240 |
A. Steve Arizpe |
1,673,810 |
Jay Mincks |
1,594,750 |
Daniel Herink |
-- |
Gregory Petsch |
-- |
Michael Brown |
-- |
Jack Fields |
-- |
Eli Jones |
-- |
Paul Lattanzio |
-- |
Austin Young |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Paul Sarvadi |
605,948 | 11,147,441 |
Richard Rawson |
444,367 | 8,577,798 |
Douglas Sharp |
5,415 | 41,016 |
A. Steve Arizpe |
460,894 | 8,445,286 |
Jay Mincks |
358,812 | 5,858,508 |
Daniel Herink |
0 | 0 |
Gregory Petsch |
0 | 0 |
Michael Brown |
0 | 0 |
Jack Fields |
0 | 0 |
Eli Jones |
0 | 0 |
Paul Lattanzio |
0 | 0 |
Austin Young |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
SARVADI PAUL J |
2,500 | $32.61 |
SARVADI PAUL J |
5,000 | $32.61 |
LATTANZIO PAUL STEVEN |
453 | $0.00 |
FIELDS JACK M JR |
437 | $0.00 |
SARVADI PAUL J |
562 | $30.09 |
SARVADI PAUL J |
1,713 | $30.09 |
SARVADI PAUL J |
2,825 | $17.17 |
SARVADI PAUL J |
2,825 | $30.09 |
SARVADI PAUL J |
2,628 | $30.07 |
SARVADI PAUL J |
4,494 | $17.17 |
SARVADI PAUL J |
1,357 | $30.07 |
SARVADI PAUL J |
4,494 | $30.07 |
SARVADI PAUL J |
1,509 | $30.00 |
SARVADI PAUL J |
883 | $30.00 |
SARVADI PAUL J |
455 | $30.00 |
SARVADI PAUL J |
1,509 | $17.17 |
SARVADI PAUL J |
3,216 | $30.13 |
SARVADI PAUL J |
10,655 | $30.13 |
SARVADI PAUL J |
6,232 | $30.13 |
ARIZPE ARTHUR STEVE |
9,136 | $30.40 |
SARVADI PAUL J |
10,655 | $17.17 |
ARIZPE ARTHUR STEVE |
4,136 | $11.79 |
SARVADI PAUL J |
8,544 | $30.27 |
ARIZPE ARTHUR STEVE |
3,966 | $17.17 |
SARVADI PAUL J |
4,410 | $30.27 |

