Sign in

    John B. Gibson

    President and CEO at Paychex Inc
    Board
    Since October 14, 2022
    Age
    58 years
    Tenure
    Has served at PAYX since May 2013, progressing from Senior Vice President of Service to President and COO in December 2021, and then to President and CEO in October 2022.

    Also at Paychex Inc

    BV
    Beaumont Vance
    Senior Vice President of Data, Analytics, and AI
    CS
    Christopher Simmons
    Vice President, Controller, and Treasurer
    ER
    Elizabeth Roaldsen
    Senior Vice President of Operations and Customer Experience

    About

    John B. Gibson has built a distinguished career in the HR and technology sectors through his progressive leadership roles at PAYX. He joined the company in May 2013 as Senior Vice President of Service and has continuously evolved within the organization, serving as President and COO before taking on his current role as President and CEO in October 2022.

    Prior to his journey at PAYX, he held prominent positions at established companies such as Ameritech (now AT&T) and Convergys, where he was responsible for delivering comprehensive global HR solutions across multiple countries. His early work in these roles contributed significantly to his development as a leader in the business services and HR technology industries.

    At PAYX, his strategic vision and expertise have been instrumental in spearheading digital transformation and service enhancements, driving growth in professional employer organization (PEO) and HR advisory services. His leadership has not only propelled the company forward but also reinforced its position as a market leader in payroll and HR solutions.

    $PAYX Performance Under John B. Gibson

    Past Roles

    OrganizationRoleDate RangeDetails
    Paychex, Inc.President and Chief Operating Officer Dec 2021 - End of role upon promotion to CEO Led daily operations including sales, service, marketing, and management
    Paychex, Inc.Senior Vice President, Service May 2013 - Dec 2021 Oversaw HR solutions, technology, and business services
    Convergys (now Concentrix)President, HR Management Division N/AProvided comprehensive global HR solutions to clients in 68 countries
    Ameritech (now AT&T)Senior Executive N/AHeld senior roles in HR outsourcing and technology

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Salary$922,211 27 bi-weekly periods Base Salary
    All Other Compensation$17,807 Fiscal Year Life Insurance Premiums: $1,500 ; 401(k Company Match: $16,307

    Performance Compensation

    Data from  FY 2024

    Annual Incentive Program

    MetricThresholdTargetMaximumWeight (% of Base Salary)Actual Achievement/Payout
    Service Revenue1.8% YOY 6.1% YOY 8.2% YOY 37.5% 98.6% of target; 30.5% payout
    Operating Income, Net of Certain Items3.1% YOY 7.4% YOY 9.5% YOY 55.0% 98.9% of target; 45.4% payout
    Annualized New Business Revenue3.3% YOY 7.3% YOY 10.1% YOY 37.5% Below threshold; 0% payout
    Qualitative GoalsN/AN/AN/A20.0% 18.0% payout

    Total Incentive Payout: 93.9% of Base Salary

    Equity Awards

    Time-Based RSUs

    • Grant Date: July 15, 2023
    • Grant-Date Fair Value: $1,149,983
    • Shares Granted: 9,515
    • Vesting: Pro-rata over 3 years

    Performance-Based RSUs

    • Grant Date: July 15, 2023
    • Grant-Date Fair Value: $2,874,972
    • Shares Granted: 25,208 at target ( : Threshold: 15,125, Maximum: 37,812)
    • Performance Period: 2 years plus a 1-year service period for full vesting
    • Tied to: Service Revenue and Operating Income metrics

    Stock Options

    • Grant Date: July 15, 2023
    • Grant-Date Fair Value: $1,725,007
    • Options Granted: 63,583
    • Exercise Price: $120.86
    • Vesting: One-third per year over 3 years
    • Term: 10 years
    • Not tied to performance metrics

    Interviews

    Paychex CEO John Gibson goes one-on-one with Jim Cramer thumbnail

    Paychex CEO John Gibson goes one-on-one with Jim Cramer

    CNBC Television
    8:30 min
    Mar 27, 2025
    Paychex CEO on CNBC Mad Money 4/16/2025 thumbnail

    Paychex CEO on CNBC Mad Money 4/16/2025

    Paychex
    8:42 min
    Apr 17, 2025
    Paychex CEO John Gibson: Seeing downward pressure on wages among small businesses thumbnail

    Paychex CEO John Gibson: Seeing downward pressure on wages among small businesses

    CNBC Television
    6:21 min
    Jun 4, 2024
    Paychex CEO on CNBC Mad Money 12/19/2024 thumbnail

    Paychex CEO on CNBC Mad Money 12/19/2024

    Paychex
    7:17 min
    Dec 20, 2024
    Paychex CEO on CNBC Mad Money 3/26/2025 thumbnail

    Paychex CEO on CNBC Mad Money 3/26/2025

    Paychex
    7:55 min
    Mar 27, 2025
    Paychex CEO John Gibson: Seeing moderation in both job and wage growth among small businesses thumbnail

    Paychex CEO John Gibson: Seeing moderation in both job and wage growth among small businesses

    CNBC Television
    2:18 min
    Oct 31, 2023
    Small businesses are expressing optimism and uncertainty, says Paychex CEO thumbnail

    Small businesses are expressing optimism and uncertainty, says Paychex CEO

    CNBC Television
    2:44 min
    Mar 28, 2025
    Paychex CEO on CNBC Mad Money 6/26/2024 thumbnail

    Paychex CEO on CNBC Mad Money 6/26/2024

    Paychex
    2:19 min
    Jun 27, 2024
    Paychex CEO, Mad Money with Jim Cramer thumbnail

    Paychex CEO, Mad Money with Jim Cramer

    Paychex
    6:26 min
    Oct 9, 2024
    We're seeing wages go down without real job losses, says Paychex CEO John Gibson thumbnail

    We're seeing wages go down without real job losses, says Paychex CEO John Gibson

    CNBC Television
    3:28 min
    Aug 1, 2023
    Not seeing signs of an immediate recession in small businesses, says Paychex CEO John Gibson thumbnail

    Not seeing signs of an immediate recession in small businesses, says Paychex CEO John Gibson

    CNBC Television
    4:43 min
    Jan 3, 2024
    Small businesses have been resilient, but face many challenges going into 2025: Paychex CEO thumbnail

    Small businesses have been resilient, but face many challenges going into 2025: Paychex CEO

    CNBC Television
    4:20 min
    Oct 29, 2024
    Paychex CEO discusses macroeconomic insights with Jim Cramer of CNBC's Mad Money thumbnail

    Paychex CEO discusses macroeconomic insights with Jim Cramer of CNBC's Mad Money

    Paychex
    7:36 min
    Oct 4, 2023
    Paychex CEO on CNBC Mad Money 7/5/2023 thumbnail

    Paychex CEO on CNBC Mad Money 7/5/2023

    Paychex
    6:36 min
    Jul 6, 2023
    Paychex CEO on CNBC Mad Money 4/2/2024 thumbnail

    Paychex CEO on CNBC Mad Money 4/2/2024

    Paychex
    8:56 min
    Apr 3, 2024