Jeffrey S. Sloan, born on May 1, 1966, served as the CEO of Global Payments, Inc. from October 1, 2013, to June 1, 2023. Before leading Global Payments, he was a partner at Goldman Sachs, where he focused on financial...

Jeffrey S. Sloan, born on May 1, 1966, served as the CEO of Global Payments, Inc. from October 1, 2013, to June 1, 2023. Before leading Global Payments, he was a partner at Goldman Sachs, where he focused on financial technology, mergers, and corporate finance. He took the CEO position after serving as President of the company since June 2010. During his time at Global Payments, Jeff navigated significant changes, including the company's integration after acquiring TSYS. His compensation included interesting performance-based bonuses and substantial stock awards, indicating a strong alignment with the company’s success. In 2021 alone, he had a total compensation of over $23 million despite waiving his entire salary during the pandemic to help the company manage costs. Jeff oversaw various strategic decisions, contributing to the company’s growth and emphasizing diversity and inclusion initiatives within the workforce. Known for his analytical approach, he focused on performance metrics such as adjusted revenue and operating margins to drive success, making moves beneficial to both the company and its shareholders. His journey reflects a balance of financial expertise and leadership amid evolving market conditions.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Global Payments CEOs

G

Jeffrey S. Sloan

Ex-CEO of Global Payments

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Industrials

Born

May 1, 1966 - 59 years ago

CEO of Global Payments for

9 years 8 months (Oct 2013 - Jun 2023)

Previous Experience

President of Global Payments, Inc.

Rivals

Competitors/colleagues of Jeffrey S. Sloan

F

Stephanie L. Ferris

CEO of Fidelity National Information Services

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$2.00M

Other

$92.45K

Total Holdings

$8.81M

V

Ryan McInerney

CEO of Visa

2023 Compensation

Stock

$0.00

Salary

$1.40M

Bonus

$5.25M

Other

$269.94K

Total Holdings

$94.52M

M

Michael Miebach

CEO of Mastercard

2023 Compensation

Stock

$0.00

Salary

$1.25M

Bonus

$4.06M

Other

$314.09K

Total Holdings

$43.53M

Holdings

See how much did Jeffrey S. Sloan make over time.

During his time as CEO, Jeffrey S. Sloan made significant movements in his stock holdings. His highest reported insider trading value was around $75.88 million in November 2019, indicating strong confidence in the company's trajectory. In 2020, following the pandemic,...

During his time as CEO, Jeffrey S. Sloan made significant movements in his stock holdings. His highest reported insider trading value was around $75.88 million in November 2019, indicating strong confidence in the company's trajectory. In 2020, following the pandemic, he did see a drop in his trading values, with smaller amounts, like $3.78 million in May. However, by early 2021, his trading values rebounded significantly, peaking at $86.91 million in March. This indicates he was actively managing his stock interests, particularly after significant company performance changes post-acquisition. Notably, his wealth tied to stock holdings often fluctuated, showing how closely he aligned his financial future with the company's success.

Total Stock Sold

$59.33M

GPN

$59.33M

444,033 GPN shares

What if they kept their stock?

If Jeffrey S. Sloan didn't sell their stock, today they would have:
Extra GPN444,033 shares worth $79.89M.
This is 34.65% and $20.56M more than what they got when they sold the stock.

Charitable Transactions

GPN

191,034 shares

GPN

Recent Charitable Transactions

GPN

4,820 shares

GPN

Dec 31, 2022

Charity

GPN

13,875 shares

GPN

May 12, 2021

Charity

GPN

124,395 shares

GPN

Mar 13, 2020

Charity

GPN

3,000 shares

GPN

Dec 31, 2018

Charity

GPN

11,960 shares

GPN

Mar 1, 2018

Charity

GPN

4,600 shares

GPN

Aug 8, 2016

Charity

Insider Trading

See recent insider trades of Jeffrey S. Sloan.

GPN

$3.04M

GPN at $112.21/share

Feb 24, 2023

Received

GPN

$4.75M

GPN at $113.12/share

Feb 21, 2023

Received

GPN

4,820 shares

GPN

Dec 31, 2022

Charity

GPN

4,820 shares

GPN

Dec 31, 2022

Charity

GPN

$5.90M

GPN at $137.59/share

Feb 22, 2021

Received

GPN

$9.07M

GPN at $136.02/share

Feb 22, 2022

Received

GPN

$500.44K

GPN at $169.87/share

Aug 5, 2021

Purchase

GPN

$9.29M

GPN at $169.57/share

Aug 3, 2021

Received

GPN

13,875 shares

GPN

May 12, 2021

Charity

GPN

13,875 shares

GPN

May 12, 2021

Charity

Compensation History

See how much did Jeffrey S. Sloan make over time.

Jeffrey S. Sloan's compensation was structured around performance to incentivize success at Global Payments. For instance, in 2023, his total pay was about $2.27 million, which included a salary of $500,000 and a bonus of approximately $1.01 million based on company performance metrics. His vested stock awards valued at around $15 million represented a big part of his earnings in previous years. Interestingly, in 2020, he waived his cash incentives and salary during the pandemic, reflecting his commitment to the company's financial health. Prior to that, in 2021, his total compensation soared to over $23 million, demonstrating the variable nature of executive pay tied to performance and market conditions.

Year

2023

Total Compensation

$17.27M

Salary

$500.00K

Board Justification

The compensation philosophy is designed to align executive pay with performance and shareholder interests, focusing on attracting and retaining top talent while motivating executives to achieve the company's strategic goals.

Bonus

$1.01M

Board Justification

The short-term incentive payout for 2023 for Mr. Sloan reflected the months of his employment in 2023, calculated based on performance metrics related to adjusted net revenue and adjusted operating margin.

Other

$700.36K

Board Justification

Other compensation includes severance and other benefits as per the employment agreement.

Restricted Stock

$15.06M(15.06M RSU)

Board Justification

The value of the stock awards that vested in 2023, which includes performance units and restricted stock, based on the closing share price at the time of vesting.

Performance Metrics

The performance metrics for 2023 included adjusted net revenue and adjusted operating margin, each weighted equally, to drive company growth and profitability.

Other Global Payments CEOs

Here are other CEOs of Global Payments

Paul R. Garcia

Ex-CEO of Global Payments

October 2005 - October 2013

Cameron M. Bready

CEO of Global Payments

June 2023 - Present