Paychex (PAYX) executive compensation, 2025 proxy

John B. Gibson, President and CEO, was paid $8.8M in fiscal 2025, up 17% from $7.5M the year before. The CEO-to-median-employee pay ratio was 126:1, on median employee pay of $70,003.

Filed
August 29, 2025
Annual meeting
October 9, 2025
Pay year
fiscal 2025
Named executives
5
CEO total pay
$8.8M+17% vs prior year
CEO to median employee
126:1median $70,003
CEO pay in equity
79%$6.9M in awards
Prior say-on-pay support
95%of votes cast
CEO incentive payout
70.9% of targetFiscal 2025 annual incentive
Other NEO incentive payout
63.0% of targetAverage, excluding Mr. Ante
Performance award achievement
84% of targetAwards granted July 2023
CEO pay at risk
90%Of total target compensation

How Gibson was paid

$8.8M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary10%Stock awards59%Option awards20%Non-equity incentive11%All other compensation0%

Named executive officers

ExecutiveTotal
John B. GibsonPresident and CEO$8,807,411
Robert L. SchraderSVP and CFO$2,846,707
Adam AnteSVP of Paycor$3,253,709
Mark A. BottiniSVP of Sales$2,626,879
Michael E. GiojaSVP of IT & PD$2,846,311

What changed and why

  • $8.8M$8,807,411 was CEO John Gibson’s fiscal 2025 total compensation, up from $7,534,855 in fiscal 2024.
  • 70.9%70.9% of target was paid to the CEO under the fiscal 2025 annual incentive program.
  • 84%84% of target was achieved for performance stock awards granted in July 2023.
  • 90%90% of the CEO’s total target compensation was at risk or variable.
  • 200%Fiscal 2025 introduced three-year performance awards with a maximum payout opportunity of 200% of target units.
  • $3.2M$3,196,882 in performance-based stock awards was granted to Adam Ante following the Paycor acquisition.

Other Paychex proxy statements

  • 2026 proxy statement

    John B. Gibson paid $10.3M (+17% on the year), pay ratio 143:1.

    Filed Sep 04, 2026

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.