Sundar PichaiSundar Pichai earned $164M in 2023

Paul R. Garcia served as the Chief Executive Officer of Global Payments, Inc. from October 10, 2005, until his retirement on October 1, 2013. During his tenure, he played a significant role in transforming the company into a leading provider...

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Paul R. Garcia

Ex-CEO of Global Payments

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

August 1, 1962 - 62 years ago

CEO of Global Payments for

7 years 11 months (Oct 2005 - Oct 2013)

Previous Experience

Chairman and Chief Executive Officer of Global Payments, Inc.

Holdings

See how much did Paul R. Garcia make over time.

At one of his highest points, CEO Paul R. Garcia's holdings in Global Payments were valued at over $125 million in early 2021. His stock value fluctuated significantly during his tenure, reflecting the performance of the company. Notably, in December...

Total Stock Sold

$21.42M

GPN

$21.42M

1,496,000 GPN shares

What if they kept their stock?

If Paul R. Garcia didn't sell their stock, today they would have:
Extra GPN1,496,000 shares worth $274.53M.
This is 1,181.52% and $253.11M more than what they got when they sold the stock.

Charitable Transactions

GPN

598,462 shares

GPN

UNH

30 shares

UNH

Recent Charitable Transactions

UNH

30 shares

UNH

Jul 18, 2024

Charity

GPN

22,000 shares

GPN

Apr 4, 2014

Charity

GPN

13,038 shares

GPN

Mar 24, 2014

Charity

GPN

6,200 shares

GPN

Feb 5, 2014

Charity

GPN

24,699 shares

GPN

Jan 10, 2014

Charity

GPN

75,438 shares

GPN

Nov 30, 2011

Charity

Insider Trading

See recent insider trades of Paul R. Garcia.

UNH

174 shares

UNH

Jan 2, 2025

Received

UNH

6 shares

UNH

Dec 17, 2024

Received

UNH

151 shares

UNH

Oct 1, 2024

Received

UNH

5 shares

UNH

Sep 24, 2024

Received

UNH

30 shares

UNH

Jul 18, 2024

Charity

UNH

178 shares

UNH

Jul 1, 2024

Received

UNH

5 shares

UNH

Jun 25, 2024

Received

UNH

179 shares

UNH

Apr 1, 2024

Received

UNH

4 shares

UNH

Mar 19, 2024

Received

Compensation History

See how much did Paul R. Garcia make over time.

During his time as CEO, Paul R. Garcia's compensation reflected a strong incentive structure. In 2013, his total earnings amounted to $1.5 million, which included a base salary of $1 million and a significant bonus of $500,000 linked to a cash incentive plan for meeting performance targets. Interestingly, he had years with no bonuses, emphasizing his alignment with long-term performance goals rather than short-term gains. Garcia's compensation also included substantial stock options, showcasing a commitment to linking executive pay with shareholder interests. In prior years, he received compensation upwards of $7 million, notably through vested stocks, indicating the potential for considerable returns in favorable market conditions. His approach is indicative of a strategic mindset, focusing on long-term alignment with the company's growth and stability.

Year

2013

Total Compensation

$12.02M

Salary

$1.50M

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, focusing on performance-based incentives.

Bonus

$1.50M

Board Justification

Cash incentive plan award for fiscal 2014 at target performance levels.

Other

$0.00

Board Justification

No additional severance benefits were paid due to the nature of his retirement.

Restricted Stock

$9.02M(144.69K common stock)

Board Justification

Fully-vested shares of common stock equal to the number of shares that would have been awarded assuming target performance levels, as a result of an amendment to his key position agreement due to retirement.

Performance Metrics

Performance metrics for the cash incentive plan are based on target performance levels.

Other Global Payments CEOs

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