People: Paychex Inc (PAYX.O)

PAYX.O on Nasdaq

29.11USD
4:00pm EST
Price Change (% chg)

$0.25 (+0.87%)
Prev Close
$28.86
Open
$29.13
Day's High
$29.35
Day's Low
$28.89
Volume
2,877,167
Avg. Vol
4,318,112
52-wk High
$32.88
52-wk Low
$20.31

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Summary

Name Age Since Current Position
Golisano, B. Thomas 67 2004 Chairman of the Board
Judge, Jonathan 55 2004 President, Chief Executive Officer, Director
Morphy, John 61 2002 Chief Financial Officer, Senior Vice President, Secretary
Humenik, Delbert 2009 Senior Vice President - Sales and Marketing
Mucci, Martin 49 2002 Senior Vice President - Operations
Hodge, Bryan 2009 Vice President - Operations, Eastern United States
Vossler, Jennifer 46 2009 Vice President, Controller
Kuchta, William 62 1996 Vice President - Organizational Development
Inman, Grant 67 1983 Director
Flaschen, David 53 1999 Director
Tucci, Joseph 62 2000 Director
Joseph, Pamela 50 2005 Director
Velli, Joseph 51 2007 Director
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Biographies

Name Description
Golisano, B. Thomas Mr. B. Thomas Golisano founded Paychex, Inc. in 1971 and is Chairman of the Board of the Company. 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. He owns the Buffalo Sabres of the National Hockey League. Mr. Golisano serves as a member of the board of directors of numerous non-profit organizations and private companies, and is founder and member of the board of trustees of the B. Thomas Golisano Foundation.
Judge, Jonathan Mr. Jonathan J. Judge has been President and Chief Executive Officer of Paychex, Inc. since October 2004. From October 2002 through December 2003, he served as President and Chief Executive Officer of Crystal Decisions, Inc., an information management software company. From 1976 to 2002, Mr. Judge worked for IBM in a variety of sales, marketing, and executive management positions, most recently as General Manager of IBM’s Personal Computing Division, a $10 billion business unit offering a broad range of products, services, and solutions, including IBM’s ThinkPad brand of mobile computers. Mr. Judge serves as a member of the Upstate New York Regional Advisory Board (UNYRAB) of the Federal Reserve Bank of New York. He is also a member of the board of directors of PMC-Sierra, Inc. and Dun & Bradstreet Corporation.
Morphy, John Mr. John M. Morphy joined Paychex, Inc. in October 1995 and was named Senior Vice President in October 2002. He was named Chief Financial Officer and Secretary in October 1996. Prior to joining the Company, he served as Chief Financial Officer and in other senior management capacities for over ten years at Goulds Pumps, Incorporated, a pump manufacturer.
Humenik, Delbert Mr. Delbert Humenik is Senior Vice President - Sales and Marketing of Paychex, Inc. Most recently, he was senior vice president and general manager for R.H. Donnelly Corporation, a national consumer and business-to-business local commercial search company that generates leads for small and mid-sized companies through a variety of marketing solutions. Prior to joining R.H. Donnelly, Humenik was a senior vice president with Verizon Communications, Inc., a global leader in communications services. During his 20-year tenure with Verizon, Humenik held various sales management and executive leadership positions. Mr. Humenik, a native of Philadelphia, Pennsylvania, holds a bachelor's degree in consumer economics from the University of Delaware.
Mucci, Martin Mr. Martin Mucci joined Paychex, Inc. in March 2002 as a consultant on operational issues of the Company, including responsibility for implementation of the Advantage Payroll Services Inc. acquisition, and was appointed Senior Vice President, Operations in October 2002.
Hodge, Bryan Mr. Bryan R. Hodge is Vice President - Operations, Eastern United States of Paychex, Inc. Prior to joining Advantage Payroll Services, Hodge held management positions with Limited Brands, Inc. and G.H. Bass and Company. Hodge, a native of Rockland, Mass., holds a Bachelor of Science degree in marketing from the University of Massachusetts.
Vossler, Jennifer Ms. Jennifer R. Vossler joined Paychex, Inc. in May 2009 as Vice President and Controller. 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. Previously in her career, she held leadership roles with a global facilities management outsourcing company and a public accounting firm.
Kuchta, William Mr. William G. Kuchta joined Paychex, Inc. in February 1995 and was named Vice President, Organizational Development in April 1996. From 1993 to 1995, he was principal of his own consulting firm, and from 1989 to 1993, he served as Vice President of Human Resources of Fisons Corporation, a pharmaceutical company.
Inman, Grant Mr. Grant M. Inman is 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 member of the board of directors of Lam Research Corporation and several private companies. Mr. Inman is a trustee of the University of California, Berkeley Foundation.
Flaschen, David Mr. David J. S. Flaschen is Director of Paychex Inc. He is a Partner of Castanea Partners, having joined in 2005. Castanea Partners is a private equity investment firm targeting small- to mid-market companies in the publishing and information, human resource and business services, and consumer product and specialty retail sectors. From 2000 to 2005, he was Managing Director of Flagship Ventures, a venture capital firm that focuses on life science, information technology, and communications companies. Mr. Flaschen is a member of the board of directors of various private companies.
Tucci, Joseph Mr. Joseph M. Tucci is Director of Paychex Inc. Mr. Tucci has been the Chairman of the Board of Directors of EMC Corporation, the world leader 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.
Joseph, Pamela Ms. Pamela A. Joseph is 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 payment processing. Ms. Joseph has been Vice Chairman of U.S. Bancorp since December 2004 and serves on its 13-member managing committee. From February 2000 to November 2004, she was President and Chief Operating Officer of NOVA Information Systems, Inc. Ms. Joseph is honorary chairman of Gift for a Child, a non-profit organization that assists foster children in finding permanent homes. She is also a member of the board of directors of Centene Corporation.
Velli, Joseph Mr. Joseph M. Velli is a Director of Paychex Inc. since January 2007. Mr. Velli has been Chairman and Chief Executive Officer of BNY ConvergEx Group, LLC, a major 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.

Basic Compensation

Name Fiscal Year Total
Golisano, B. Thomas 278,700
Judge, Jonathan 3,445,100
Morphy, John 1,181,490
Humenik, Delbert --
Mucci, Martin 922,214
Hodge, Bryan --
Vossler, Jennifer --
Kuchta, William 564,951
Inman, Grant --
Flaschen, David --
Tucci, Joseph --
Joseph, Pamela --
Velli, Joseph --
As Of 30 May 2009

Options Compensation

Name Options Value
Golisano, B. Thomas 0 0
Judge, Jonathan 900,000 4,677,000
Morphy, John 156,800 809,731
Humenik, Delbert 0 0
Mucci, Martin 170,000 1,174,215
Hodge, Bryan 0 0
Vossler, Jennifer 0 0
Kuchta, William 0 0
Inman, Grant 0 0
Flaschen, David 0 0
Tucci, Joseph 0 0
Joseph, Pamela 0 0
Velli, Joseph 0 0

Insider Trading

Name Shares Traded Price
KUCHTA WILLIAM G 2,588 $30.96
KUCHTA WILLIAM G 45 $0.00
GOLISANO B THOMAS 87 $31.40
HUMENIK DELBERT M 7,681 $0.00
KUCHTA WILLIAM G 140 $27.49
GOLISANO B THOMAS 95 $28.21
VOSSLER JENNIFER R 1,693 $0.00
FLASCHEN DAVID JS 1,875 $0.00
TUCCI JOSEPH M 1,875 $0.00
KUCHTA WILLIAM G 4,802 $0.00
JUDGE JONATHAN JAMES 48,018 $0.00
VELLI JOSEPH M 1,875 $0.00
JOSEPH PAMELA A 1,875 $0.00
MUCCI MARTIN 9,604 $0.00
HORSLEY PHILLIP 1,875 $0.00
INMAN GRANT M 1,875 $0.00
MORPHY JOHN M 9,604 $0.00
TUREK WALTER LEON 153,275 $25.59
FLASCHEN DAVID JS 12,500 $23.75
FLASCHEN DAVID JS 12,500 $25.34
INMAN GRANT M 5,606 $0.00
INMAN GRANT M 5,606 $0.00
TUREK WALTER LEON 517 $0.00
GOLISANO B THOMAS 493 $26.84
KUCHTA WILLIAM G 13,500 $27.66
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