Paychex 2012 Annual Report Download - page 82

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Name Age Position and business experience
Kevin N. Hill .............. 53 Mr.Hill was named Vice President of Insurance and Human Resource
Solutions Services in October 2011. He joined Paychex in April 2008 as
Vice President of Insurance Operations, and took on the role of Vice
President of Insurance Sales and Operations in 2010. Mr. Hill also
serves as President of Paychex Insurance Agency, Inc., and has
executive leadership responsibility for BeneTrac. In July 2011, he also
took on leadership of the PEO operations and the HR Solutions service
organizations. Prior to joining Paychex, Mr. Hill was President and
Chief Operating Officer of Excellus BlueCross BlueShield. Mr. Hill
held various executive positions during his ten years with Excellus
BlueCross BlueShield.
Jennifer Vossler ........... 49 Ms. Vossler joined the Company in May 2009 as Vice President and
Controller. Prior to joining the Company, she served as Vice President
and Corporate Controller, and held various executive and senior
management positions during her eleven years at Bausch & Lomb
Incorporated, a world leader in the development, manufacture, and
marketing of eye health products. Previously in her career, she held
leadership roles with a global facilities management outsourcing
company and a public accounting firm.
Laurie L. Zaucha ........... 47 Ms. Zaucha joined the Company in March 2011 and was named Vice
President of Human Resources and Organizational Development. Prior
to joining the Company, she served as Senior Vice President of Human
Resources for Paetec Holding Corp., a Fortune 1000
telecommunications company, from 2007 to 2011. From 2003 to 2007,
she worked for Bausch & Lomb Incorporated, first as Vice President of
Human Resources for the U.S., Canada, and Latin America, and then as
Vice President of Global Compensation and Benefits.
The additional information required by this item is set forth in the Company’s Definitive Proxy Statement
for its 2012 Annual Meeting of Stockholders, anticipated to be held on or about October 23, 2012, in the sections
“PROPOSAL 1 — ELECTION OF DIRECTORS FOR A ONE-YEAR TERM,” “CORPORATE
GOVERNANCE,” “SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE,” and “CODE
OF BUSINESS ETHICS AND CONDUCT” and is incorporated herein by reference.
Item 11. Executive Compensation
The information required by this item is set forth in the Company’s Definitive Proxy Statement for its 2012
Annual Meeting of Stockholders, anticipated to be held on or about October 23, 2012, in the sections
“COMPENSATION DISCUSSION AND ANALYSIS,” “NAMED EXECUTIVE OFFICER
COMPENSATION,” and “DIRECTOR COMPENSATION FOR THE FISCAL YEAR ENDED MAY 31,
2012,” and is incorporated herein by reference.
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder
Matters
The information required by this item is set forth below and in the Company’s Definitive Proxy Statement
for its 2012 Annual Meeting of Stockholders, anticipated to be held on or about October 23, 2012, under the
section “SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT,” and is
incorporated herein by reference.
The Company maintains equity compensation plans in the form of stock incentive plans. Under the Paychex,
Inc. 2002 Stock Incentive Plan, as amended and restated (the “2002 Plan”), non-qualified or incentive stock
options, restricted stock, restricted stock units, and performance shares have been awarded to employees and the
Board of Directors (the “Board”). The 2002 Plan was adopted on July 7, 2010 by the Board and became effective
upon stockholder approval at the Company’s Annual Meeting of Stockholders held on October 13, 2010. There
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