Edition:
United States

Maximus Inc (MMS.N)

MMS.N on New York Stock Exchange

69.46USD
14 Dec 2018
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Summary

Name Age Since Current Position

Peter Pond

73 2001 Independent Chairman of the Board

Bruce Caswell

52 2018 President, Chief Executive Officer

Raymond Ruddy

74 2005 Independent Vice Chairman of the Board

Richard Nadeau

63 2014 Chief Financial Officer, Treasurer

Mark Andrekovich

56 2008 President - Tax and Employer Services, Chief - Human Capital

David Francis

56 1998 General Counsel, Secretary

Richard Montoni

66 2018 Director

Anne Altman

59 2016 Independent Director

Russell Beliveau

70 2002 Independent Director

John Haley

68 2002 Independent Director

Paul Lederer

78 2003 Independent Director

Gayathri Rajan

50 2016 Independent Director

Lisa Miles

Vice President - Investor Relations & Corporate Communications

Biographies

Name Description

Peter Pond

Mr. Peter B. Pond is an Independent Chairman of the Board of Maximus, Inc. Peter B. Pond has served as one of our directors since 1997 and as Chairman of the Board since 2001. Mr. Pond is a founder of ALTA Equity Partners LLC, a venture capital firm, and has been a General Partner of that firm since June 2000. Prior to that, Mr. Pond was a Principal and Managing Director in the Investment Banking Department at Donaldson, Lufkin & Jenrette Securities Corporation in Chicago and was head of 9 that company’s Midwest Investment Banking Group. Mr. Pond holds a B.S. in Economics from Williams College and an M.B.A. in Finance from the University of Chicago. Mr. Pond served as a director of Navigant Consulting, Inc. from 1996 to 2014. The board of directors believes that Mr. Pond’s qualifications and skills include, among other things, his experience in the investment and financial industry and as a public company director. The board of directors believes that he possesses the leadership skills that allow him to effectively lead our board as independent, non-executive Chairman.

Bruce Caswell

Mr. Bruce L. Caswell is re designated as President, Chief Executive Officer of the Company effective April 1, 2018. He previously served as the President of our Health Services Segment from 2007 through 2014. Before that he was President of Operations from 2005 to 2007 and President of our Human Services Group from 2004 to 2005. Previously, he worked at IBM Corporation for nine years, serving most recently as Vice President, State and Local Government & Education Industries for IBM Business Consulting Services. Mr. Caswell holds a Masters Degree in Public Policy from the John F. Kennedy School of Government at Harvard University and a B.A. in Economics from Haverford College. The board of directors believes that Mr. Caswell should serve as a director based on his qualifications and skills which include, among other things, his subject matter expertise in government policy and health and human services programs together with his detailed knowledge of the Company's operations gained through his service as our President and other senior leadership positions at the Company. Mr. Caswell is being nominated for election to the board of directors in connection with his transition to Chief Executive Officer effective April 1, 2018. The board of directors believes that it is important to have the Company’s chief executive also serve as a director.

Raymond Ruddy

Mr. Raymond B. Ruddy is an Independent Vice Chairman of the Board of Directors of Maximus, Inc. Raymond B. Ruddy has served as one of our directors since 2004 and Vice Chairman of the Board of Directors since 2005. Mr. Ruddy retired from MAXIMUS in 2001. Before his retirement Mr. Ruddy served as the Chairman of the Board of Directors from 1985 to 2001 and President of our Consulting Group from 1989 to 2000. From 1969 until he joined us, Mr. Ruddy served in various capacities with Touche Ross & Co., including Associate National Director of Consulting from 1982 until 1984 and Director of Management Consulting (Boston, Massachusetts office) from 1978 until 1983. Mr. Ruddy received his M.B.A. from the Wharton School of Business of the University of Pennsylvania and his B.S. in Economics from Holy Cross College. The board of directors believes that Mr. Ruddy should serve as a director based on his qualifications and skills which include, among other things, his consulting and financial experience as well as his knowledge of government programs and our business from his prior service with the Company.

Richard Nadeau

Mr. Richard John Nadeau, CPA is Chief Financial Officer and Treasurer of the Company. From 2009 to 2014 he served as Executive Vice President and Chief Financial Officer of SRA International, Inc. Previously he served as Chief Financial Officer for Sunrise Senior Living, Inc., The Mills Corporation and Colt Defense LLC. Before that Mr. Nadeau was a partner at KPMG LLP and at Arthur Andersen LLP.

Mark Andrekovich

Mr. Mark S. Andrekovich is President - Tax and Employer Services, Chief - Human Capital of the Company. Since September 2008, he has also served as the President of our Tax and Employer Services Division. He has more than 25 years of comprehensive human resources experience with multi-national companies such as General Electric, Nordson Corporation and Cytec Industries.

David Francis

Mr. David R. Francis is General Counsel and Secretary of the Company. Mr. Francis has over 25 years of legal experience having previously served in both law firm and in-house attorney positions.

Richard Montoni

Mr. Richard A. Montoni is no longer Chief Executive Officer of the Company effective April 1, 2018. He also served as President from 2006 through 2014. Previously, Mr. Montoni served as our Chief Financial Officer and Treasurer from 2002 to 2006. Mr. Montoni served as Chief Financial Officer for Towers Perrin, a global professional services firm, during April 2006 before rejoining MAXIMUS and his appointment as Chief Executive Officer and President. He also currently serves as the Chairman of the Northern Virginia Technology Council, the membership and trade association for the technology community in Northern Virginia. Before his employment with MAXIMUS, Mr. Montoni served as Chief Financial Officer and Executive Vice President for Managed Storage International, Inc. in Broomfield, Colorado from 2000 to 2001. From 1996 to 2000, he was Chief Financial Officer and Executive Vice President for CIBER, Inc., a NYSE-listed company in Englewood, Colorado where he also served as a director until 2002. Before joining CIBER, he was an audit partner with KPMG, LLP, where he worked for nearly 20 years. Mr. Montoni holds a Masters Degree in Accounting from Northeastern University and a B.S. in Economics from Boston University. The board of directors believes that Mr. Montoni should serve as a director based on his qualifications and skills which include, among other things, his audit and financial experience together with the detailed knowledge of the operations of the Company gained through his service as our Chief Executive Officer and other senior leadership positions at the Company.

Anne Altman

Ms. Anne K. Altman is an Independent Director of the Company. Anne K. Altman has served as one of our directors since December 2016. She retired from IBM in January 2016 having served most recently as the company’s General Manager for U.S. Federal and Government Industries. Previously she served as General Manager for IBM's Global Public Sector with responsibilities for global government -- national, regional and local -- as well as education, healthcare and life sciences. Ms. Altman joined IBM in 1981 as a systems engineer and held a number of roles with increasing responsibility in areas pertaining to government and technology. Ms. Altman earned a Bachelor of Science degree from George Mason University. Ms. Altman has served as a director of SPX FLOW, Inc. since its spin-off from SPX Corporation in 2015. The board of directors believes that Ms. Altman’s qualifications and skills include, among other things, her experience with public sector clients and the information technology industry including security, analytics, cognitive, digital, commerce and cloud capabilities.

Russell Beliveau

Mr. Russell A. Beliveau is an Independent Director of Maximus, Inc. Russell A. Beliveau has served as a director since 1995. He served as our President of Investor Relations from 2000 until his retirement in 2002 and served as President of Business Development from 1998 until 2000. Prior to that, he served as President of the Government Operations Group from 1995 to 1998. Mr. Beliveau has worked in the health and human services industry since 1983. During that time, he held both government and private sector positions at the senior executive level. Mr. Beliveau’s past positions include Vice President of Operations at Foundation Health Corporation of Sacramento, California from 1988 through 1994 and Deputy Associate Commissioner (Medicaid) for the Massachusetts Department of Public Welfare from 1983 until 1988. Mr. Beliveau received his Masters in Business Administration and Management Information Systems from Boston College and his B.A. in Psychology from Bridgewater State College. The board of directors believes that Mr. Beliveau’s qualifications and skills include, among other things, his experience in state government and managing government health and human services programs and his prior service with the Company.

John Haley

Mr. John J. Haley is an Independent Director of Maximus, Inc. Since January 2016, John J. Haley has served as one of our directors since 2002. Since January 2016, Mr. Haley has served as the Chief Executive Officer of Willis Towers Watson, an insurance broker and human resources and employee benefits consulting firm formed through the merger of Willis Group Holdings Public Limited Company and Towers Watson & Co. From 2010 until January 2016, Mr. Haley served as the Chief Executive Officer and Chairman of the Board of Towers Watson & Co. Previously he served as President and Chief Executive Officer of Watson Wyatt Worldwide, Inc. from 1999 until its merger with Towers Perrin, Forster & Crosby, Inc. in 2010. Mr. Haley joined Watson Wyatt in 1977. Mr. Haley is a Fellow of the Society of Actuaries and is a co-author of Fundamentals of Private Pensions (University of Pennsylvania Press). He has an A.B. in Mathematics from Rutgers College and studied under a Fellowship at the Graduate School of Mathematics at Yale University. Mr. Haley is a director of Willis Towers Watson. He previously served as a director of Towers Watson & Co. from 2010 until its merger with Willis Group Holdings Public Limited Company in January 2016. He also served as a director of Watson Wyatt Worldwide, Inc. from 1992 until its merger with Towers Perrin, Forster & Crosby, Inc. in 2010 and as a director of Hudson Global, Inc. from 2003 to 2015. The board of directors believes that Mr. Haley’s qualifications and skills include, among other things, his experience as the Chief Executive Officer and Chairman of a large, publicly-traded consulting firm together with his knowledge of finances, human resources and compensation matters, as well as his public company directorship experience.

Paul Lederer

Mr. Paul R. Lederer is an Independent Director of Maximus, Inc. Paul R. Lederer has served as one of our directors since 2003. Mr. Lederer retired from Federal Mogul in 1998 as Executive Vice President, Worldwide Aftermarket, following its acquisition of Fel-Pro where he served as President and Chief Operating Officer from November 1994 to February 1998. Mr. Lederer brings more than 30 years of management experience and leadership in the commercial business sector to MAXIMUS. During his distinguished career, Mr. Lederer held various senior positions with Federal Mogul, Fel-Pro, Stant, Epicor Industries, and Parker Hannifin. Mr. Lederer holds a B.A. from the University of Illinois and received his J.D. from Northwestern University. Mr. Lederer is a director of Dorman Products, Inc. and O’Reilly Automotive, Inc. The board of directors believes that Mr. Lederer’s qualifications and skills include, among other things, his experience in various leadership and management positions of large, publicly-traded businesses and public company directorship experience together with his understanding of legal matters.

Gayathri Rajan

Ms. Gayathri Rajan is an Independent Director of the Company. Gayathri Rajan has served as one of our directors since December 2016. Ms. Rajan is employed as Google’s Vice President of Product Management where she currently oversees the monetization of Google Maps. She joined Google in 2006 and has served in roles of increasing responsibility in the product management area having led initiatives for the Internet of Things, Google Offers and Payments. Before joining Google she had product management roles with Financial Engines from 2004 to 2005 and eCal Corp from 1999 to 2001. She was a Senior Software Engineer for The Vanguard Group from 1997 to 1999. Ms. Rajan holds bachelor’s and master’s degrees in chemical engineering from the University of Cambridge, a master’s degree in computer science from the University of Pennsylvania and an M.B.A. from Stanford University. The board of directors believes that Ms. Rajan’s qualifications and skills include, among other things, her experience in leading-edge information technology when applied to building scalable and secure financial platforms and innovative consumer-centric products.

Lisa Miles

Basic Compensation

Name Fiscal Year Total

Peter Pond

484,996

Bruce Caswell

3,673,080

Raymond Ruddy

334,976

Richard Nadeau

2,435,500

Mark Andrekovich

1,531,650

David Francis

1,494,250

Richard Montoni

6,694,250

Anne Altman

300,003

Russell Beliveau

299,980

John Haley

309,986

Paul Lederer

299,980

Gayathri Rajan

300,023

Lisa Miles

--
As Of  29 Sep 2017

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