People: Paychex Inc (PAYX.O)
PAYX.O on Nasdaq
37.86USD
24 May 2013
37.86USD
24 May 2013
Price Change (% chg)
$-0.09 (-0.24%)
$-0.09 (-0.24%)
Prev Close
$37.95
$37.95
Open
$37.76
$37.76
Day's High
$37.89
$37.89
Day's Low
$37.59
$37.59
Volume
1,715,144
1,715,144
Avg. Vol
2,398,239
2,398,239
52-wk High
$38.66
$38.66
52-wk Low
$29.12
$29.12
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
B.Thomas Golisano |
70 | 2004 | Chairman of the Board |
Martin Mucci |
52 | 2010 | President, Chief Executive Officer, Director |
Efrain Rivera |
55 | 2011 | Chief Financial Officer, Senior Vice President, Treasurer |
Mark Bottini |
51 | 2011 | Senior Vice President - Sales |
Kevin Hill |
2011 | Senior Vice President - Insurance and Human Resource Solutions Services | |
Michael Gioja |
54 | 2011 | Senior Vice President - Product Development and Information Technology |
Jennifer Vossler |
49 | 2009 | Vice President, Controller |
Laurie Zaucha |
47 | 2011 | Vice President - Human Resources and Organizational Development |
Joseph Doody |
60 | 2010 | Independent Director |
David Flaschen |
56 | 1999 | Independent Director |
Phillip Horsley |
73 | 2011 | Independent Director |
Grant Inman |
70 | 1983 | Independent Director |
Pamela Joseph |
54 | 2005 | Independent Director |
Joseph Tucci |
65 | 2000 | Independent Director |
Joseph Velli |
54 | 2007 | Independent Director |
Terri Allen |
2012 | IR Contact |
Biographies
| Name | Description |
|---|---|
B.Thomas Golisano |
Mr. B.Thomas Golisano is Chairman of the Board of Paychex Inc. Until October 2004, he served as President and Chief Executive Officer of the Company. He serves on the board of trustees of the Rochester Institute of Technology. Mr. Golisano serves as a director of numerous non-profit organizations and private companies, and is founder and member of the board of trustees of the B. Thomas Golisano Foundation. He serves on the company's Executive Committee. |
Martin Mucci |
Mr. Martin Mucci is President, Chief Executive Officer, Director of Paychex Inc. Mr. Mucci has served as President and Chief Executive Officer of the Company since September 2010. Mr. Mucci joined the Company in 2002 as Senior Vice President, Operations. Prior to joining Paychex, he held senior level positions with Frontier Telephone of Rochester, a telecommunications company, over the course of his 20-year career. Mr. Mucci is a director of Cbeyond, Inc. He is the immediate past Chairman of the St. John Fisher College Board of Trustees, and also serves as the Chairman of the Catholic Family Center Board of Governors. He is Chairman of the Executive Committee. |
Efrain Rivera |
Mr. Efrain Rivera is Chief Financial Officer, Senior Vice President, Treasurer of Paychex, Inc., since June 2011. Prior to joining the Company, Mr. Rivera served as Vice President of Finance and Administration for Houghton College since 2009. He previously served as Corporate Vice President and Chief Financial Officer for Bausch & Lomb, in the development, manufacture, and marketing of eye health products, from 2007 to 2009 and, prior to that, as Corporate Vice President and Treasurer from 2004 to 2007. During his twenty years with Bausch & Lomb, Mr. Rivera served in various leadership and financial management roles, including Corporate Vice President and President, Canada and Latin America Division; and Vice President Finance and Controller, Global Vision Care. |
Mark Bottini |
Mr. Mark A. Bottini is Senior Vice President - Sales of Paychex, Inc., since October 2011. Prior to joining the Company, Mr. Bottini served as Vice President of Sales for Ricoh, North America, a provider of advanced office technology and innovative document imaging products, services, and software since 2008. He assumed his most recent position with Ricoh when Ricoh acquired IKON Office Solutions, Inc. During his nearly 20 years with IKON, Mr. Bottini served in a variety of sales leadership and field management roles. |
Kevin Hill |
Mr. Kevin N. Hill is Senior Vice President - Insurance and Human Resource Solutions Services of Paychex Inc. since October 2011. He joined Paychex in April 2008 as Vice President of Insurance Operations, and took on the role of Vice President of Insurance Sales and Operations in 2010. Mr. Hill also serves as President of Paychex Insurance Agency, Inc., and has executive leadership responsibility for BeneTrac. In July 2011, he also took on leadership of the PEO operations and the HR Solutions service organizations. Prior to joining Paychex, Mr. Hill was President and Chief Operating Officer of Excellus BlueCross BlueShield. Mr. Hill held various executive positions during his ten years with Excellus BlueCross BlueShield. |
Michael Gioja |
Mr. Michael E. Gioja is Senior Vice President - Product Development and Information Technology of Paychex, Inc. since July 2011. Mr. Gioja has been with the Company since November 2008 as Vice President of Product Management, subsequently adding development and information technology to his responsibilities. Previously, he was Chief Information Officer and Executive Vice President of Products and Services for Workstream, Inc., a provider of on-demand enterprise talent management solutions and services. |
Jennifer Vossler |
Ms. Jennifer R. Vossler CPA, is Vice President, Controller of Paychex Inc., since May 2009. Prior to joining the Company, she served as Vice President and Corporate Controller, and held various executive and senior management positions during her eleven years at Bausch & Lomb Incorporated, in the development, manufacture, and marketing of eye health products. Previously in her career, she held leadership roles with a global facilities management outsourcing company and a public accounting firm. |
Laurie Zaucha |
Ms. Laurie L. Zaucha is Vice President - Human Resources & Organizational Development of Paychex Inc. Prior to joining the Company, she served as Senior Vice President of Human Resources for Paetec Holding Corp., a Fortune 1000 telecommunications company, from 2007 to 2011. From 2003 to 2007, she worked for Bausch & Lomb Incorporated, first as Vice President of Human Resources for the U.S., Canada, and Latin America, and then as Vice President of Global Compensation and Benefits. |
Joseph Doody |
Mr. Joseph G. Doody is Independent Director of Paychex, Inc. He has Until October 2004, he served as President and Chief Executive Officer of the Company. He serves on the board of trustees of the Rochester Institute of Technology. Mr. Golisano serves as a director of numerous non-profit organizations and private companies, and is founder and member of the board of trustees of the B. Thomas Golisano Foundation. He serves on the company's Executive Committee. |
David Flaschen |
Mr. David J.S. Flaschen is Independent Director of Paychex Inc. Mr. Flaschen is an investor and advisor to a number of private companies providing business, marketing, and information services. From 2005 through 2011, he was a partner with Castanea Partners, a private equity investment firm. Mr. Flaschen is a director of various private companies. He is the Chairman of the Audit Committee and serves on the Investment Committee and Governance and Compensation Committee. |
Phillip Horsley |
Mr. Phillip Horsley is Independent Director of Paychex, Inc. Mr. Horsley is the founder of Horsley Bridge Partners, a manager of private equity investments for institutional investors for more than 20 years. Mr. Horsley was a director of the Company from 1982 through 2009, and was reappointed to the Board in 2011. He serves on the Investment Committee and Governance and Compensation Committee. |
Grant Inman |
Mr. Grant M. Inman is Independent Director of Paychex, Inc. Mr. Inman is the founder and General Partner of Inman Investment Management, a private investment company formed in 1998. He is a director of Lam Research Corporation and several private companies. He was a director of Wind River Systems, Inc. until July 2009. Mr. Inman is a trustee of the University of California, Berkeley Foundation. He is the Chairman of the Investment Committee and serves on the Audit Committee and Governance and Compensation Committee. |
Pamela Joseph |
Ms. Pamela A. Joseph is Independent Director of Paychex Inc. Ms. Joseph is Vice Chairman of U.S. Bancorp Payment Services and Chairman of Elavon (formerly NOVA Information Systems, Inc.), a wholly owned subsidiary of U.S. Bancorp. U.S. Bancorp Payment Services and Elavon manage and facilitate consumer and corporate card issuing, as well as payment processing. Ms. Joseph has been Vice Chairman of U.S. Bancorp since December 2004 and serves on its 14-member managing committee. She is a director of Centene Corporation. Ms. Joseph serves on the Audit Committee and Executive Committee. |
Joseph Tucci |
Mr. Joseph M. Tucci is Independent Director of Paychex Inc. Mr. Tucci has been the Chairman of the Board of Directors of EMC Corporation, in information infrastructure technology and solutions, since January 2006. He has been Chief Executive Officer and President of EMC Corporation since January 2001, and President since January 2000. Mr. Tucci is also Chairman of the Board of Directors of VMware, Inc. He is Chairman of the Governance and Compensation Committee. |
Joseph Velli |
Mr. Joseph M. Velli is Independent Director of Paychex Inc since January 2007. Mr. Velli has been Chairman and Chief Executive Officer of BNY ConvergEx Group, LLC, a global agency brokerage and technology company offering a comprehensive suite of investment services, since October 2006. Prior to the formation of BNY ConvergEx Group, he was a Senior Executive Vice President of The Bank of New York since September 1998 and assumed the additional role of Chief Executive Officer of BNY Securities Group in October 2002. He is a director of E*Trade Financial Corporation. He serves on the Investment, Governance and Compensation, and Executive Committees. |
Terri Allen |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
B.Thomas Golisano |
278,700 |
Martin Mucci |
7,034,140 |
Efrain Rivera |
2,446,290 |
Mark Bottini |
2,160,970 |
Kevin Hill |
1,254,600 |
Michael Gioja |
2,313,530 |
Jennifer Vossler |
-- |
Laurie Zaucha |
-- |
Joseph Doody |
-- |
David Flaschen |
-- |
Phillip Horsley |
-- |
Grant Inman |
-- |
Pamela Joseph |
-- |
Joseph Tucci |
-- |
Joseph Velli |
-- |
Terri Allen |
-- |
As Of 30 May 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
B.Thomas Golisano |
0 | 0 |
Martin Mucci |
160,000 | 842,685 |
Efrain Rivera |
0 | 0 |
Mark Bottini |
0 | 0 |
Kevin Hill |
0 | 0 |
Michael Gioja |
7,840 | 59,223 |
Jennifer Vossler |
0 | 0 |
Laurie Zaucha |
0 | 0 |
Joseph Doody |
0 | 0 |
David Flaschen |
0 | 0 |
Phillip Horsley |
0 | 0 |
Grant Inman |
0 | 0 |
Pamela Joseph |
0 | 0 |
Joseph Tucci |
0 | 0 |
Joseph Velli |
0 | 0 |
Terri Allen |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
GIOJA MICHAEL E |
2,807 | $35.56 |
FLASCHEN DAVID J S |
10,000 | $35.71 |
FLASCHEN DAVID J S |
10,000 | $29.55 |
MUCCI MARTIN |
25,000 | $29.55 |
MUCCI MARTIN |
25,000 | $33.48 |
GIOJA MICHAEL E |
7,839 | $24.21 |
GIOJA MICHAEL E |
8,936 | $26.02 |
GIOJA MICHAEL E |
9,600 | $31.09 |
GIOJA MICHAEL E |
7,839 | $31.09 |
GIOJA MICHAEL E |
9,600 | $26.77 |
GIOJA MICHAEL E |
8,936 | $31.09 |
GOLISANO B THOMAS |
21,975 | $31.11 |
BOTTINI MARK ANTHONY |
768 | $33.07 |
MUCCI MARTIN |
1,318 | $32.63 |
HORSLEY PHILLIP |
2,084 | $31.95 |
HORSLEY PHILLIP |
2,084 | $33.25 |
HORSLEY PHILLIP |
9,485 | $33.25 |
HORSLEY PHILLIP |
515 | $33.35 |
HORSLEY PHILLIP |
10,000 | $31.79 |
HORSLEY PHILLIP |
9,485 | $29.55 |
HORSLEY PHILLIP |
515 | $29.55 |
HORSLEY PHILLIP |
10,000 | $33.25 |
MUCCI MARTIN |
1,604 | $32.49 |
JOSEPH PAMELA A |
1,832 | $0.00 |
VELLI JOSEPH M |
1,832 | $0.00 |

