About Insperity

Insperity board of directors

Timothy Clifford
Independent Director
Chair – Compensation Committee
Member – Nominating and Corporate Governance Committee

Timothy Clifford

Independent Director, Chair – Compensation Committee, Member – Nominating and Corporate Governance Committee

Mr. Clifford, who is a Class II director, joined the Board of Directors in October 2016. He is Chair of the company’s Compensation Committee and a member of the Nominating and Corporate Governance Committee. Since June 2015, Mr. Clifford has served as president and chief executive officer of Frontline Education, a private-equity-backed cloud software company that manages human resources functions at over 7,500 public school districts in the U.S. Prior to joining Frontline Education, from 2010 through 2013, Mr. Clifford was a corporate officer and co-president of Automatic Data Processing (NYSE: ADP) National Accounts, a $2.5 billion human capital management software and services business serving the largest U.S. companies, and was the co-founder and chief executive officer of Workscape, Inc., a pioneering cloud software provider to the human capital management industry, from 1999 until its acquisition by ADP in 2010. Prior to founding Workscape, he held executive or senior leadership positions at HealthPlan Services, Consolidated Group and Prudential Insurance Company. From 2013 to 2015, he also served as a director and audit committee member of Carbonite Inc. (Nasdaq: CARB). Mr. Clifford holds a Bachelor's degree in liberal arts from Northeastern University in Boston.

Carol Kaufman
Independent Director
Member – Compensation Committee
Chair – Nominating and Corporate Governance Committee

Carol Kaufman

Independent Director, Member – Compensation Committee, Chair – Nominating and Corporate Governance Committee

Ms. Kaufman, who is a Class II director, joined the Board of Directors in November 2013. She is Chair of the Nominating and Corporate Governance Committee, a member of the company’s Compensation Committee and previously served as the lead independent director from May 2014 until May 2016. From July 2011 through April 2018, Ms. Kaufman served as the executive vice president, secretary, chief administrative officer and chief governance officer of The Cooper Companies, Inc., a global medical device company, where she had previously served in a variety of capacities since October 1995, including as vice president of legal affairs beginning in March 1996 and senior vice president beginning in October 2004. From January 1989 through September 1995, she served as vice president, secretary and chief administrative officer of Cooper Development Company, a former affiliate of The Cooper Companies, Inc. Beginning in 1971, Ms. Kaufman held several financial positions, including deputy corporate controller, with Cooper Laboratories, Inc., the former parent of The Cooper Companies, Inc. Ms. Kaufman also serves as a member of the western region advisory board for FM Global, the world’s largest property insurer. Ms. Kaufman served as a director of Chindex, Inc. (former Nasdaq-listed company) from November 2000 until September 2014, serving on its audit and compensation committees and as chair of its governance and nominating committee, and as a member of its special transaction committee until its sale in 2014 to TPG. Ms. Kaufman earned a Bachelor of Science degree in Mathematics in 1971 from Boston University.

Ellen H. Masterson
Independent Director
Member – Finance, Risk Management and Audit Committee

Ellen H. Masterson

Independent Director, Member – Finance, Risk Management and Audit Committee
Ms. Masterson, who is a Class I director, joined the Board of Directors in September 2017.  She is a member of the company’s Finance, Risk Management and Audit Committee.  Since 2014, Ms. Masterson has served as an independent director of Westwood Holdings Group (NYSE:  WHG), an investment management firm with over $20 billion in assets under management, and Westwood Trust, a Texas state-chartered trust company. Ms. Masterson is the Chair of the audit committee of both WHG and Westwood Trust and serves as a member of the WHG governance committee. Ms. Masterson retired as a partner with PricewaterhouseCoopers LLP ("PwC") in 2008, having served in this capacity since 1999 and from 1985 to 1997. Ms. Masterson specialized in audits of companies involved in several sectors of the financial services industry and public companies with a focus on mergers and acquisitions. She held senior positions within the leadership of PwC from 2001 to 2008, including international responsibilities across the global network of PwC firms. From 1997 to 1999, Ms. Masterson served as senior vice president and chief financial officer of American General Corporation, prior to its acquisition by American International Group, Inc. Since 1982, she has served on numerous boards of non-profit and charitable organizations.
Randall Mehl
Independent Director
Member – Compensation Committee

Randall Mehl

Independent Director, Member – Compensation Committee

Randall Mehl, who is a Class III director, joined the Board of Directors in December 2017. He is a member of the company’s Compensation Committee and has previously served as a member of the Finance, Risk Management and Audit Committee. Mr. Mehl currently serves on the boards of ICF (Nasadq:  ICFI), a global consulting and technology services provider, and Kforce Inc. (Nasdaq:  KFRC), a professional staffing firm, and is the President of Stewardship Capital Advisors, LLC, which provides advisory services to family offices for direct private investments in the business and technology services sector. Previously, he served as a Managing Director and a partner with Baird Capital, a middle market private equity group, and led a team focused on the business and technology services sector from 2005 until the end of 2016. From 1996 to 2005, Mr. Mehl was a senior equity research analyst with Robert W. Baird & Company, covering various areas within the broader business and technology services sector, including professional employer organizations.  Mr. Mehl serves and has previously served on several private company boards and on the investment committee for several funds, and has expertise analyzing, acquiring and selling businesses.

John Morphy
Independent Director
Member – Finance, Risk Management and Audit Committee

John Morphy

Independent Director, Member – Finance, Risk Management and Audit Committee
Mr. Morphy, who is a Class III director, joined the Board of Directors in May 2016. He is a member of the Finance, Risk Management and Audit Committee. Mr. Morphy previously served as senior vice president, chief financial officer, secretary and treasurer of Paychex, Inc. (NASDAQ:PAYX), a leading provider of payroll, human resource and benefits outsourcing solutions for small to medium-sized businesses, from October 1996 until June 2011, when he was appointed vice president of finance at Paychex until he retired in January 2012. As CFO of Paychex, Mr. Morphy reported directly to the CEO and was responsible for all finance, legal, shareholder relations, purchasing, real estate and travel functions. Prior to joining Paychex in 1995, he served as the chief financial officer of Goulds Pumps, Inc., a then-publicly traded global manufacturer of pumps for the industrial, commercial and water supply markets, from 1985 to 1993 and as group vice president over industrial products at Goulds through 1995. From 1976 to 1985, Mr. Morphy was vice president and controller for Computer Consoles, Inc., and before that he was an accountant at Arthur Andersen & Company. Mr. Morphy also previously served as a director of Inforte Corp., a then-publicly traded customer and demand management consultancy, from April 2003 to August 2004. He earned his Bachelor of Science degree in accounting from LeMoyne College and his certified public accountant certificate in 1973.
Richard G. Rawson
Director

Richard G. Rawson

Director

Mr. Rawson, who is a Class III director, joined the Board of Directors in 1989. From August 2003 until his retirement as an executive officer of the Company in May 2018, he served as the company’s president. Before being elected president, he served as the company’s executive vice president of administration, chief financial officer and treasurer of the company from February 1997 until August 2003 and as senior vice president, chief financial officer and treasurer of the company from 1989 until February 1997. Prior to joining the company in 1989, Mr. Rawson served as a senior financial officer and controller for several companies in the manufacturing and seismic data processing industries. He has served the National Association of Professional Employer Organizations (“NAPEO”) as president, first vice president, second vice president and treasurer, as well as chairman of the Accounting Practices Committee. Mr. Rawson has a Bachelor of Business Administration in finance from the University of Houston and currently serves as a member of the board for the C.T. Bauer College of Business.

Paul J. Sarvadi
Management Director
Chairman and Chief Executive Officer

Paul J. Sarvadi

Management Director, Chairman and Chief Executive Officer

Mr. Sarvadi, Chairman of the Board and Chief Executive Officer and co-founder of the Company and its subsidiaries, is a Class II director and has been a director since the Company’s inception in 1986. He has also served as the Chairman of the Board and Chief Executive Officer of the Company since 1989 and as President of the Company from 1989 until August 2003. He attended Rice University and the University of Houston prior to starting and operating several small companies. Mr. Sarvadi has served as President of the National Association of Professional Employer Organizations (“NAPEO”) and was a member of its Board of Directors for five years. In 2001, Mr. Sarvadi was selected as the 2001 National Ernst & Young Entrepreneur of the Year® for service industries. In 2004, he received the Conn Family Distinguished New Venture Leader Award from Mays Business School at Texas A&M University. In 2007, he was inducted into the Texas Business Hall of Fame.

Austin P. Young
Lead Independent Director
Chair – Finance, Risk Management and Audit Committee
Member – Nominating and Corporate Governance Committee

Austin P. Young

Lead Independent Director, Chair – Finance, Risk Management and Audit Committee, Member – Nominating and Corporate Governance Committee

Mr. Young, who is a Class I director, joined the Board of Directors in January 2003. He is the company’s lead independent director, chair of the Finance, Risk Management and Audit Committee and a member of the Nominating and Corporate Governance Committee. Mr. Young served as senior vice president, chief financial officer and treasurer of CellStar Corporation from 1999 to December 2001 when he retired. From 1996 to 1999, he served as executive vice president - finance and administration of Metamor Worldwide, Inc. Mr. Young also held the position of senior vice president and chief financial officer of American General Corporation for over eight years and was a partner in the Houston and New York offices of KPMG before joining American General. Mr. Young currently serves as a director and chairman of the audit committee of Amerisafe, Inc. He served as a director and chairman of the Audit Committee of Tower Group International, Ltd. and its predecessor company from 2004 until September 2014. Mr. Young is a member of the Houston and State Chapters of the Texas Society of CPAs, the American Institute of CPAs, and Financial Executives International. He holds an accounting degree from the University of Texas.