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CompBrief
Fiscal year 2025

Bruce Caswell — FY2025 total compensation $11,210,668

Bruce Caswell is Chief Executive Officer and President of Maximus, Inc. (MMS). The company reported total compensation of $11,210,668 for fiscal year 2025.

01

Fiscal year 2025 compensation

Salary$976,923
Bonus$0
Stock awards$6,862,177
Option awards$0
Non-equity incentive plan$3,300,000
Pension and non-qualified deferred compensation$0
All other compensation$71,568
Total$11,210,668

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure Maximus, Inc. filed January 22, 2026, accession 0001032220-26-000007.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2025Chief Executive Officer and President$976,923$0$6,862,177$0$3,300,000$0$71,568$11,210,668
FY2023Chief Executive Officer, President, and Director$850,000$0$5,588,751$0$892,500$0$18,689$7,349,940
FY2022Chief Executive Officer, President, and Director$823,077$0$4,682,108$0$765,000$0$16,200$6,286,385
FY2021Chief Executive Officer, President, and Director$754,247$0$4,665,684$0$2,475,000$0$11,075$7,906,006

Totals as disclosed in each year's own compensation disclosure for Maximus, Inc..

03

Peer context

Peer-group chief executive median$11,614,552
Difference from that median$-403,884
Percentile within the disclosed peer group47th
Peers with a disclosed figure15

Medians and percentiles are computed across the peer group Maximus, Inc. discloses in its own compensation disclosure.

04

The other named executive officers of Maximus, Inc.

Named executive officerRoleFY2025 total
Bruce Caswell this pageChief Executive Officer and President$11,210,668
David MutrynChief Financial Officer$3,865,050
John MartinezChief Legal Officer$3,115,715
Ilene BaylinsonGeneral Manager, U.S. Services$2,737,251
Michelle LinkChief Human Resources Officer$2,317,988

The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Maximus, Inc. compensation brief.

05

The company page

Bruce Caswell's compensation sits inside Maximus, Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Maximus, Inc. (MMS) compensation brief