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Paychex Executive Compensation (FY26)

PAYX · Rochester, NY · Executive and director compensation, fiscal 2022 to 2026
Chief executive, fiscal 2026
◇
John Gibson
Latest say-on-pay support
=
October 15, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 4, 2026Latest filing (8-K): October 16, 2026
17 filings cited on this page
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393 figures on this page: 382 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — John Gibson: $8,807,411 → $10,274,543 (16.7% higher)
Say-on-pay support: 96.5% → 97.0% (0.5 points higher)
CEO pay ratio: 126:1 → 143:1 (13.5% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Paychex's chief executive and what were they paid?
Total compensation for John Gibson, President and CEO, came to $10,274,543 in fiscal 2026. Gibson's total moved 16.7% higher from the $8,807,411 reported for fiscal 2025.
What was Paychex's say-on-pay result?
The say-on-pay proposal drew 97.0% of votes cast for or against in favor at the meeting held October 15, 2026 for fiscal 2026.
Which companies are in Paychex's peer group?
Companies named in the disclosed peer group include Automatic Data Processing, Inc., Broadridge Financial Solutions, Inc., Corpay, Inc., Equifax, Inc. and Euronet Worldwide, Inc., among others.
What is Paychex's chief executive pay ratio?
For fiscal 2026, the company reported a chief executive pay ratio of 143:1, against median employee compensation of $71,890.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John B. Gibson
President and Chief Executive Officer
◇—◇◇◇—◇◇
Efrain Rivera
Senior Vice President, Chief Financial Officer and Treasurer
◇—◇◇◇—◇◇
Michael E. Gioja
Senior Vice President, Information Technology, Product Management and Development
◇—◇◇◇—◇◇
Mark A. Bottini
Senior Vice President of Sales
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Martin Mucci
Chairman and former CEO
Departed during or after this year
◇—◇◇——◇◇
John Gibson
President and Chief Executive Officer
◇—◇◇◇—◇◇
Efrain Rivera
Senior Vice President, Chief Financial Officer and Treasurer
◇—◇◇◇—◇◇
Michael Gioja
Senior Vice President, Information Technology, Product Management and Development
◇—◇◇◇—◇◇
Mark Bottini
Senior Vice President of Sales
◇—◇◇◇—◇◇
Stephanie Schaeffer
Vice President, Chief Legal and Ethics Officer, and Secretary
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Gibson
President and CEO
◇—◇◇◇—◇◇
Michael Gioja
SVP of IT and PD
◇—◇◇◇—◇◇
Efrain Rivera
Former Senior Vice President and CFO
Departed during or after this year
◇—◇◇◇—◇◇
Mark Bottini
SVP of Sales
◇—◇◇◇—◇◇
Elizabeth Roaldsen
Senior Vice President of Operations and Customer Experience
◇◇◇◇◇—◇◇
Robert Schrader
SVP and CFO
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Gibson
President and CEO
◇—◇◇◇—◇◇
Adam Ante
SVP of HCM
◇—◇————◇
Robert Schrader
SVP and CFO
◇—◇◇◇—◇◇
Michael Gioja
SVP of IT & PD
◇—◇◇◇—◇◇
Mark Bottini
SVP of Sales
◇—◇◇◇—◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Gibson
President and CEO
◇—◇◇◇—◇◇
Robert Schrader
SVP and CFO
◇—◇◇◇—◇◇
Adam Ante
SVP of HCM
◇—◇◇◇—◇◇
Ryan Bergstrom
Chief Product and Technology Officer
◇—◇◇◇—◇◇
Chad Parodi
SVP of HR & Benefits Services
◇◇◇◇◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Adam AntePSU◇◇◇—◇—◇
Adam AnteOPTION◇——◇—◇◇
Adam AnteRSU◇——◇——◇
Chad ParodiPSU◇◇◇—◇—◇
Chad ParodiRSU◇——◇——◇
Chad ParodiOPTION◇——◇—◇◇
John B. GibsonRSU◇——◇——◇
John B. GibsonPSU◇◇◇—◇—◇
John B. GibsonOPTION◇——◇—◇◇
Robert L. SchraderRSU◇——◇——◇
Robert L. SchraderPSU◇◇◇—◇—◇
Robert L. SchraderOPTION◇——◇—◇◇
Ryan BergstromRSU◇——◇——◇
Ryan BergstromPSU◇◇◇—◇—◇
Ryan BergstromOPTION◇——◇—◇◇
Fiscal 2025 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
John GibsonOption◇—◇7/14/2035
Option◇—◇7/14/2034
PSU◇◇——
PSU◇◇——
Option◇—◇7/14/2033
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Adam AntePSU◇◇——
RSU◇◇——
Option◇—◇7/14/2035
RSU◇◇——
PSU◇◇——
RSU◇◇——
Robert SchraderOption◇—◇7/14/2035
Option◇—◇7/14/2034
PSU◇◇——
PSU◇◇——
Option◇—◇7/14/2033
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇10/14/2033
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Adam Ante
SVP of HCM · Change-in-control agreement
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Chad Parodi
SVP of HR & Benefits Services · Change-in-control agreement
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
John Gibson
Chief Executive Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Robert Schrader
SVP and CFO · Change-in-control agreement
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Ryan Bergstrom
Chief Product and Technology Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇

Director compensation

What each non-employee director was paid.
Fiscal 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Martin Mucci
Board chair
◇◇◇———◇
Joseph M. Tucci
Lead independent director
◇◇◇———◇
Pamela A. Joseph
◇◇◇———◇
Thomas F. Bonadio
◇◇◇———◇
Joseph G. Doody
◇◇◇———◇
Joseph M. Velli
◇◇◇———◇
Kevin A. Price
◇◇◇———◇
Kara Wilson
◇◇◇———◇
Theresa M. Payton
◇◇◇———◇
J. Michael Hansen
◇◇◇———◇
B. Thomas Golisano
◇————◇◇
John B. Gibson served on the board in fiscal 2026 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as Rsus/Options.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
  • Automatic Data Processing, Inc. ADP
  • Broadridge Financial Solutions, Inc. BR
  • Corpay, Inc. CPAY
  • Equifax, Inc. EFX
  • Euronet Worldwide, Inc. EEFT
  • Fair Isaac Corporation FICO
  • Fiserv, Inc. FI
  • Gartner, Inc. IT
  • Global Payments Inc. GPN
  • Intuit, Inc. INTU
  • Jack Henry & Associates, Inc. JKHY
  • Moody's Corporation MCO
  • SS&C Technologies Holdings, Inc. SSNC
  • TransUnion TRU
  • Verisk Analytics, Inc. VRSK
  • WEX, Inc. WEX

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2026October 15, 2026=◇◇◇
2025October 9, 2025=◇◇◇
2024October 10, 2024=◇◇◇
2023October 12, 2023=◇◇◇
2022October 13, 2022=◇◇◇
2021October 14, 2021=◇◇◇
2020October 15, 2020=◇◇◇
2019October 17, 2019=◇◇◇
2018October 11, 2018=◇◇◇
2017October 11, 2017=◇◇◇
2016October 12, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- John Gibson (President and CEO), FY2026 total compensation $10,274,543 (base salary $921,923) [exec_comp, SEC accession 0001193125-26-382805, filed 2026-09-04]

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What this page does not include

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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
393 figures on this page: 382 cited to the filing that reported them, 11 calculated from figures it prints.
382 cited to the filing
11 calculated from the filing

Documents cited

  1. 0000723531-26-000008
    Proposal 2: Advisory Vote to Approve Named Executive Officer Compensation The non-binding advisory vote on the compensation of the Company’s named executive officers was approved, with votes as follow
  2. 0001193125-26-382805
    CEO Pay Ratio · DIRECTOR COMPENSATION FOR THE FISCALYEAR ENDED MAY 31, 2026 · Fiscal 2026 Summary Compensation Table · Grants of Plan-Based Awards for Fiscal 2026 · and 1 more section
  4. 0001193125-25-239171
    Proposal 2: Advisory Vote to Approve Named Executive Officer Compensation The non-binding advisory vote on the compensation of the Company’s named executive officers was approved, with votes as follow
  5. 0001193125-25-191789
    Compensation Discussion and Analysis · Fiscal 2025 Summary Compensation Table
  6. 0000950170-24-114406
  7. 0001193125-24-210377
    Fiscal 2024 Summary Compensation Table
  8. 0000950170-23-053313
  9. 0001193125-23-226898
    Fiscal 2023 Summary Compensation Table
  10. 0000950170-22-019571
  11. 0001193125-22-237057
    Summary Compensation Table
  12. 0000723531-21-000053
  13. 0000723531-20-000065
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0000723531-19-000050
  15. 0000723531-18-000037
  16. 0000723531-17-000041
  17. 0000723531-16-000056
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Velarion, “Paychex executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/PAYX (accessed 2026).
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17 filings cited on this page
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Business Services rankings

Chief executive pay — Business ServicesCEO pay ratio — Business ServicesSay-on-pay support — Business Services

Peers Paychex discloses

The companies named in PAYX's own disclosed peer group.

Automatic Data Processing, Inc.Broadridge Financial Solutions, Inc.Corpay, Inc.Equifax, Inc.Euronet Worldwide, Inc.Fair Isaac CorporationGartner, Inc.Global Payments Inc.Intuit, Inc.Jack Henry & Associates, Inc.Moody's CorporationSS&C Technologies Holdings, Inc.TransUnionVerisk Analytics, Inc.WEX, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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