TRINET GROUP INCINARY (TNET)
Sector: Industrials
Sector: Industrials
TRINET GROUP INCINARY - Executive Compensation
President and Chief Executive Officer
Executive Compensation
Michael Q. Simonds serves as President and Chief Executive Officer of TriNet Group, Inc., a leading provider of comprehensive human resources solutions for small and medium-sized businesses. With more than 25 years of experience in finance, HR services, and technology sectors, Simonds has built a distinguished career marked by strategic leadership and operational excellence. Prior to joining TriNet, he held senior finance positions at ADP, including Vice President of Finance for National Accounts, and earlier roles at Deloitte Consulting, where he honed his expertise in financial strategy and business transformation. Simonds joined TriNet in 2011 as Senior Vice President of Finance and rapidly advanced through the ranks, becoming Executive Vice President and Chief Financial Officer in 2016. In February 2020, he was appointed President and CEO, guiding the company through dynamic market challenges, including the COVID-19 pandemic. Under his stewardship, TriNet has achieved record revenue growth, expanded its industry-specific HR platforms, and completed key acquisitions to enhance its offerings in payroll, benefits, risk management, and compliance services. His leadership has positioned TriNet as a trusted partner for over 17,000 clients nationwide, fostering innovation in cloud-based HR technology and delivering scalable solutions that empower businesses to focus on growth. Simonds holds a Bachelor of Science in Accounting from Bentley University and an MBA from Babson College, and he remains deeply committed to advancing the PEO industry through advocacy and client-centric strategies.