Paychex (PAYX) executive compensation, 2026 proxy

John B. Gibson, President and CEO, was paid $10.3M in fiscal 2026, up 17% from $8.8M the year before. The CEO-to-median-employee pay ratio was 143:1, on median employee pay of $71,890.

Filed
September 4, 2026
Annual meeting
October 15, 2026
Pay year
fiscal 2026
Named executives
5
CEO total pay
$10.3M+17% vs prior year
CEO to median employee
143:1median $71,890
CEO pay in equity
82%$8.5M in awards
Prior say-on-pay support
96%of votes cast
Other NEO target at risk
84%Average fiscal 2026
Performance period
3 yearsFor fiscal 2026 performance RSUs
CEO incentive payout
64%Of fiscal 2026 target
CEO stock awards
$6.3MFiscal 2026

How Gibson was paid

$10.3M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary9%Stock awards62%Option awards21%Non-equity incentive9%All other compensation0%

Named executive officers

ExecutiveTotal
John B. GibsonPresident and CEO$10,274,543
Robert L. SchraderSVP and CFO$3,359,326
Adam AnteSVP of HCM$2,827,765
Ryan BergstromChief Product and Technology Officer$2,785,790
Chad ParodiSVP of HR & Benefits Services$2,455,364

What changed and why

  • $10.3M$10,274,543 was CEO total compensation in fiscal 2026, up from $8,807,411 in fiscal 2025.
  • 91%91% of the CEO’s fiscal 2026 target compensation was variable or at risk.
  • 64%64% of target was paid under the fiscal 2026 annual cash incentive program for the CEO and other NEOs.
  • 60%60% of fiscal 2026 long-term incentive value at target consisted of performance-based equity awards.
  • Three-year performance-based RSUs used service revenue, adjusted operating income, and relative TSR metrics.
  • $50,000$50,000 was Chad Parodi’s final installment under a multi-year signing bonus.

Other Paychex proxy statements

  • 2025 proxy statement

    John B. Gibson paid $8.8M (+17% on the year), pay ratio 126:1.

    Filed Aug 29, 2025

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.