Michael E. Gioja net worth and biography

Michael Gioja Biography and Net Worth

VP of Paychex
Mike Gioja is the Senior Vice President of IT and product development at Paychex. He leads the development of all Paychex applications including the company’s full-scale human capital management (HCM) offering, Paychex Flex. Committed to delivering highly available, effective, and secure solutions to help clients and Paychex employees succeed, Gioja also oversees all internal corporate applications, IT projects, and security processes. Combining innovative software-as-a-service (SaaS) technology, and a mobile-first design, with the strong culture of service at Paychex, Gioja looks to empower America’s businesses with solutions that help them do what they want – when, where, and how they want.

Gioja has more than 35 years of experience in product management and strategy, as well as software and information technology. At Paychex, he’s led his teams through the creation of product road maps and the launch of the cloud-based Paychex Flex, which offers a streamlined and integrated approach to HCM. Gioja and his team have also orchestrated an agile transformation to drive innovation and cultural change at Paychex. Throughout his career, Gioja has led the implementation of large-scale enterprise resource planning (ERP) platforms, as well as best-of-breed SaaS applications. Prior to Paychex, he held senior leadership positions with companies including IBM, American Express, Fidelity, SAP, and PeopleSoft.

Gioja is a member of the board of directors for the Rochester Philharmonic Orchestra. He also serves on the advisory board for the State University of NY at Oswego, where he earned a Bachelor of Science degree in computer science.

What is Michael E. Gioja's net worth?

The estimated net worth of Michael E. Gioja is at least $3.67 million as of December 28th, 2022. Mr. Gioja owns 33,268 shares of Paychex stock worth more than $3,669,128 as of March 22nd. This net worth estimate does not reflect any other assets that Mr. Gioja may own. Learn More about Michael E. Gioja's net worth.

What is Michael E. Gioja's salary?

As the VP of Paychex, Inc., Mr. Gioja earned a total compensation package of $2,521,643.00 in 2021. Mr. Gioja earned a salary of $449,231.00, stock awards of $805,521.00, options awards of $538,009.00, non-equity compensation of $713,213.00, and other compensation of $15,669.00. Learn More on Michael E. Gioja's salary.

How do I contact Michael E. Gioja?

The corporate mailing address for Mr. Gioja and other Paychex executives is 911 PANORAMA TRAIL SOUTH, ROCHESTER NY, 14625. Paychex can also be reached via phone at (585) 385-6666 and via email at [email protected] Learn More on Michael E. Gioja's contact information.

Has Michael E. Gioja been buying or selling shares of Paychex?

Michael E. Gioja has not been actively trading shares of Paychex within the last three months. Most recently, Michael E. Gioja sold 13,744 shares of the business's stock in a transaction on Wednesday, December 28th. The shares were sold at an average price of $115.30, for a transaction totalling $1,584,683.20. Following the completion of the sale, the vice president now directly owns 33,268 shares of the company's stock, valued at $3,835,800.40. Learn More on Michael E. Gioja's trading history.

Who are Paychex's active insiders?

Paychex's insider roster includes Mark Bottini (VP), Efrain DM (MBA), Joseph Doody (Director), David Flaschen (Director), John Gibson (VP), Michael Gioja (VP), Martin Mucci (CEO), Efrain Rivera (CFO), Karen Saunders-Mcclendon (VP), Stephanie Schaeffer (Insider), Robert Schrader (VP), Joseph Tucci (Director), and Joseph Velli (Director). Learn More on Paychex's active insiders.

Are insiders buying or selling shares of Paychex?

In the last year, insiders at the business services provider sold shares 19 times. They sold a total of 131,491 shares worth more than $15,904,841.60. The most recent insider tranaction occured on January, 13th when CEO John B Gibson sold 194 shares worth more than $23,340.14. Insiders at Paychex own 11.5% of the company. Learn More about insider trades at Paychex.

Information on this page was last updated on 1/13/2023.

Michael E. Gioja Insider Trading History at Paychex

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/28/2022Sell13,744$115.30$1,584,683.2033,268View SEC Filing Icon  
7/8/2022Sell4,009$116.80$468,251.2047,113View SEC Filing Icon  
7/6/2022Sell1,227$117.81$144,552.8751,122View SEC Filing Icon  
4/5/2022Sell26,000$141.26$3,672,760.0052,349View SEC Filing Icon  
12/8/2021Sell591$123.04$72,716.64View SEC Filing Icon  
10/15/2021Sell8,000$118.94$951,520.00View SEC Filing Icon  
4/12/2021Sell35,294$95.53$3,371,635.8279,015View SEC Filing Icon  
10/26/2020Sell10,891$81.91$892,081.8167,296View SEC Filing Icon  
1/13/2020Sell17,881$85.81$1,534,368.6170,023View SEC Filing Icon  
1/10/2020Sell50,088$85.74$4,294,545.1270,023View SEC Filing Icon  
4/2/2019Sell29,840$80.58$2,404,507.20View SEC Filing Icon  
7/12/2018Sell515$70.37$36,240.5544,881View SEC Filing Icon  
7/6/2018Sell5,542$69.79$386,776.1843,552View SEC Filing Icon  
3/29/2018Sell110,000$61.63$6,779,300.00170,974View SEC Filing Icon  
1/4/2018Sell34,311$68.91$2,364,371.0163,374View SEC Filing Icon  
7/6/2017Sell7,343$57.40$421,488.2055,632View SEC Filing Icon  
1/17/2017Sell24,726$60.72$1,501,362.7255,984View SEC Filing Icon  
7/21/2016Sell6,190$60.23$372,823.7062,174View SEC Filing Icon  
4/5/2016Sell19,450$53.52$1,040,964.0068,717View SEC Filing Icon  
4/20/2015Sell19,483$49.03$955,251.49View SEC Filing Icon  
7/10/2014Sell2,307$41.78$96,386.46View SEC Filing Icon  
7/6/2014Sell4,422$41.55$183,734.10View SEC Filing Icon  
7/11/2013Sell3,922$38.89$152,526.58View SEC Filing Icon  
12/28/2012Sell26,375$31.09$819,998.75View SEC Filing Icon  
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Michael E. Gioja Buying and Selling Activity at Paychex

This chart shows Michael E Gioja's buying and selling at Paychex by year and by quarter.

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Paychex Company Overview

Paychex logo
Paychex, Inc. engages in the provision of human capital management solutions for payroll, human resources, insurance and retirement for small and medium-sized businesses. Its solutions include payroll services, hiring services, business insurance, time and attendance, employee benefits, finance and payments, human resources services and startup services. The company was founded by Blase Thomas Golisano in 1971 and is headquartered in Rochester, NY.
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Today's Range

Now: $110.29
Low: $109.08
High: $110.71

50 Day Range

MA: $114.07
Low: $107.00
High: $120.60

2 Week Range

Now: $110.29
Low: $105.66
High: $141.92


1,891,409 shs

Average Volume

1,801,201 shs

Market Capitalization

$39.76 billion

P/E Ratio


Dividend Yield