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    Paul J. Sarvadi

    Chairman of the Board and Chief Executive Officer at Insperity Inc
    Board
    Since August 2003
    Age
    68 years
    Education
    Holds education from Rice University and the University of Houston.
    Tenure
    Joined NSP as a co-founder and director in 1986, served as Vice President, Treasurer, and President before being promoted to Chairman of the Board and Chief Executive Officer in August 2003.

    Also at Insperity Inc

    JDA
    James D. Allison
    Executive Vice President of Finance, Chief Financial Officer & Treasurer
    SPD
    Sean P. Duffy
    Senior Vice President of Finance and Accounting

    About

    Paul J. Sarvadi, born in 1957 and currently 68 years old as of February 2025, has a solid educational foundation having attended Rice University and the University of Houston.

    He joined NSP as a co-founder in 1986 and has served continuously as a director, taking on multiple executive roles including Vice President, Treasurer, and President before assuming his current role as Chairman of the Board and Chief Executive Officer in August 2003.

    Throughout his career at NSP, he has been recognized for his leadership with awards such as the 2001 National Ernst & Young Entrepreneur of the Year®, the 2004 Conn Family Distinguished New Venture Leader Award, and induction into the Texas Business Hall of Fame in 2007.

    Additionally, he contributed to the broader industry by serving as President of the National Association of Professional Employer Organizations (NAPEO), further highlighting his commitment to advancing the field.

    $NSP Performance Under Paul J. Sarvadi

    Past Roles

    OrganizationRoleDate RangeDetails
    Insperity (NSP)President and Chief Executive Officer1989 – August 2003 Transitioned out of the combined role in August 2003
    Insperity (NSP)Vice PresidentApril 1987 – 1989 N/A
    Insperity (NSP)Vice President and Treasurer1986 – April 1987 Held the role from inception in 1986 until April 1987
    Various Small BusinessesFounder/OperatorPre-1986 Started and operated several small businesses before co-founding Insperity

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Salary$1,125,000 2023N/A
    Stock Awards$6,544,828 2023Granted as part of fixed compensation
    Non-Equity Incentive Plan Compensation$312,947 2023N/A
    All Other Compensation$27,236 2023Breakdown details not provided

    Performance Compensation

    Data from  FY 2023

    Short-Term Incentive Program

    MetricThreshold (Payout)Target (Payout)Maximum (Payout)Actual ResultPayout ModifierAdditional Details
    Adjusted EBITDAIC$376.5M (25%) $425.0M (100%) $472.0M (200%) $385M 34.7% Threshold Plus: $398.5M (50%); Stretch: $449.75M (150%)
    PWEE Growth Percentage7% (25%) 9% (100%) 11% (200%) 5.8% 0% Threshold Plus: 8% (50%); Stretch: 10% (150%)
    WX Employee Growth64,000 (25%) 70,000 (100%) 74,000 (200%) 64,345 29.3% Threshold Plus: 66,000 (50%); Stretch: 72,000 (150%)

    Bonus Payout:

    • Target Bonus: $1,687,500
    • Actual Bonus Payout: $312,947 (18.5% of Target)

    Grant Details:

    • Grant Date: February 28, 2023
    • Grant Date Fair Value of Stock/Option Awards: $6,544,828

    RSU Vesting Schedule:

    • February 28, 2024: 21,540 shares
    • February 28, 2025: 14,094 shares
    • February 28, 2026: 5,995 shares

    Long-Term Incentive Program Awards

    MetricWeightPerformance CriteriaVesting ScheduleGrant DetailsAdditional Details
    Adjusted EBITDA75% Threshold: 50% of target; Maximum: 200% of target Vests after 3-year performance period Grant Date: Feb 28, 2023 <br>Grant Date Fair Value (Max): $8,714,242 Measured over three one-year periods (2023-2025); payout determined by interpolation across performance levels
    Relative Total Shareholder Return (RTSR)25% Threshold performance at 50% target; payout capped at 100% if absolute TSR is negative Vests after 3-year performance period Included in overall LTIP awardsPerformance based on comparison with 15 peer companies over 2023-2025