Business Services
Trinet Group Executive Compensation (FY25)
TNET · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Michael Simonds | Median of the other named officers $3,344,286 5 officers, excluding the chief executive | Latest say-on-pay support = May 27, 2026 | Chief executive pay ratio ◇ To the median employee |
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Data as of November 1, 2026Latest filing (8-K): May 27, 2026
10 filings cited on this page
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295 figures on this page: 287 cited to the filing that reported them, 8 calculated from figures it prints. See the citations
More on Trinet Group
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Michael Simonds: $18,321,987 → $10,552,055 (42.4% lower)
Say-on-pay support: 97.7% → 97.7% (0.0 points higher)
CEO pay ratio: 178:1 → 106:1 (40.4% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Trinet Group's chief executive and what were they paid?
Total compensation for Michael Simonds, President and Chief Executive Officer, came to $10,552,055 in fiscal 2025. Compared with the $18,321,987 reported for fiscal 2024, Simonds' total was 42.4% lower.
What was Trinet Group's say-on-pay result?
The say-on-pay proposal drew 97.7% of votes cast for or against in favor at the meeting held May 27, 2026 for fiscal 2025.
Which companies are in Trinet Group's peer group?
The disclosed peer group names Broadridge Financial Solutions, Inc., Cadence Design Systems, Inc., CNO Financial Group, Inc., Conduent Incorporated and FTI Consulting, Inc., among others.
What is Trinet Group's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 106:1, against median employee compensation of $99,327.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Burton Goldfield Former President and Chief Executive Officer (retired) | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jay Venkat Executive Vice President, Strategy, Products, and Transformation | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Kelly Tuminelli Executive Vice President, Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Samantha Wellington Former Executive Vice President, Business Affairs and Chief Legal Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Alex Warren Former Senior Vice President, Chief Revenue Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Burton Goldfield Former President and Chief Executive Officer (retired) | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Kelly Tuminelli Executive Vice President, Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Samantha Wellington Former Executive Vice President, Business Affairs and Chief Legal Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jay Venkat Executive Vice President, Strategy, Products, and Transformation | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Alex Warren Former Senior Vice President, Chief Revenue Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Simonds President and Chief Executive Officer | ◇ | ◇ | ◇ | — | ◇ | — | — | ◇ |
Alex Warren Former Senior Vice President, Chief Revenue Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Kelly Tuminelli Executive Vice President, Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jay Venkat Executive Vice President, Strategy, Products, and Transformation | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Samantha Wellington Former Executive Vice President, Business Affairs and Chief Legal Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Jeffery Hayward Senior Vice President, Chief Technology Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Anthony Shea Treadway Senior Vice President, Chief Revenue Officer | ◇ | ◇ | ◇ | — | ◇ | — | — | ◇ |
Burton Goldfield Former President and Chief Executive Officer (retired) Departed during or after this year | ◇ | — | — | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Simonds President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Mala Murthy Executive Vice President, Chief Financial Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Anthony Shea Treadway Senior Vice President, Chief Revenue Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jeffery Hayward Executive Vice President, Chief Services & Technology Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Kelly Tuminelli Former Executive Vice President, Chief Financial Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jay Venkat Executive Vice President, Strategy, Products, and Transformation | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
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 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Anthony Shea Treadway | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Anthony Shea Treadway | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jay Venkat | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jay Venkat | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jeffery Hayward | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jeffery Hayward | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Kelly Tuminelli | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Kelly Tuminelli | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Mala Murthy | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Mala Murthy | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michael Q. Simonds | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michael Q. Simonds | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
Fiscal 2023, 2024 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 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Mala Murthy | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Michael Simonds | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Kelly Tuminelli | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Anthony Treadway | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Jeffery Hayward | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Jay Venkat | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
David C. Hodgson Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Wayne B. Lowell | ◇ | ◇ | — | — | — | — | ◇ |
Paul Chamberlain | ◇ | ◇ | — | — | — | — | ◇ |
Ralph A. Clark | ◇ | ◇ | — | — | — | — | ◇ |
Maria Contreras-Sweet | ◇ | ◇ | — | — | — | — | ◇ |
Michael J. Angelakis | ◇ | ◇ | — | — | — | — | ◇ |
Jacqueline Kosecoff | ◇ | ◇ | — | — | — | — | ◇ |
Myrna Soto | ◇ | ◇ | — | — | — | — | ◇ |
Brian C. Evanko | ◇ | ◇ | — | — | — | — | ◇ |
Janet H. Kennedy | ◇ | ◇ | — | — | — | — | ◇ |
Madhu Ranganathan | ◇ | ◇ | — | — | — | — | ◇ |
Michael Q. Simonds served on the board in fiscal 2025 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 | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Broadridge Financial Solutions, Inc. BR
- Cadence Design Systems, Inc. CDNS
- CNO Financial Group, Inc. CNO
- Conduent Incorporated CNDT
- FTI Consulting, Inc. FCN
- Gartner, Inc. IT
- Insperity, Inc. NSP
- Maximus, Inc. MMS
- Paychex, Inc. PAYX
- Paycom Software, Inc. PAYC
- Primerica, Inc. PRI
- SS C Technologies Holdings, Inc. SSNC
- Teradata Corporation TDC
- Workday, Inc. WDAY
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 27, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 22, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 23, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 25, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 24, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 27, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | June 4, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 9, 2019 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Michael Simonds (President and Chief Executive Officer), FY2025 total compensation $10,552,055 (base salary $1,000,000) [exec_comp, SEC accession 0000937098-26-000018, filed 2026-04-15]What this page does not include
Everything above is a fact Trinet Group disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Trinet Group sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
295 figures on this page: 287 cited to the filing that reported them, 8 calculated from figures it prints.
287 cited to the filing
8 calculated from the filing
Documents cited
- 0000937098-26-000038
- 0000937098-26-0000182025 Director Compensation Table · 2025 Summary Compensation Table · CEO Pay Ratio · Grants of Plan-Based Awards Table · and 2 more sections
- 0000937098-25-000100
- 0000937098-25-000065Summary Compensation Table
- 0000937098-24-000108
- 0000937098-23-000129
- 0000937098-22-000163
- 0000937098-21-000169
- 0000937098-20-000182
- 0000937098-19-000133
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Trinet Group executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/TNET (accessed 2026).
Short form: data: Velarion
The paid brief for Trinet Group
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
10 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Business Services rankings
Peers Trinet Group discloses
The companies named in TNET's own disclosed peer group.
Terms on this page
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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}
}